Do E-Business: Investing in a Business WebsiteReduce your business costsSaving money can be just as important as making it, right? Your website can do that by streamlining costs for customer service, including printing and postage, among other things. According to Forester Research, online orders are 4% more profitable than orders placed over the phone. If you don't have to send out a brochure or catalog, how much will that save you?Build brand awarenessAccording to Internet pundits, the World Wide Web is the first medium where you can build a brand and track the results. Remember, in most cases, your website is an extension of your real world business, so it should reflect your existing brand.Reach new marketsThe Internet spans the globe, allowing your company to offer its products and services internationally, an option once open only to large corporations.Create new business partnershipsA website is a wonderful way to create mutually beneficial relationships. For instance, a travel-related site might link to a travel agency and receive a commission when a referral generates new business. Likewise, a travel agency can link to a travel-related site so clients can avail themselves of its content. It's a win-win situation for both businesses.Beat the competitionIt may not be the best reason to build a site, but it's certainly a valid one. Most business compete for customers. Does your competitor have a site? Then you need one too. More than keeping up, it can be the difference between staying in the game or going out-of-business.58% of U.S. small businesses have a website
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