E-business improves the benefit and efficiency of traditional business, comparing with traditional business, E-business has the following advantages:
(1) Reducing business cost. Firstly, it can improve the marketing efficiency and decrease promotion cost by network marketing enterprises. According to the statistics, advertising in internet can increase 10 times sales volume, and the cost is only 10% of traditional advertisement; Secondary, E-business can reduce stock cost, because it can find more suppliers with the most favorable price in global market by internet enterprises, and sharing information with suppliers can also reduce middle losing caused by wrong information. Some information indicated that, using EDI usually can save stock coat for enterprises at 5%-10%.
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Competition Advantage Of E-business Compared With Traditional Business
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