19 Explain how a business could use the internet to grow internally.
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- Trade Titan
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19 Explain how a business could use the internet to grow internally.
19 Explain how a business could use the internet to grow internally. [3]
Hint: E-commerce website > Can sell to customers anywhere in the country or the world > Reaches a much larger market than a physical shop.
Hint: E-commerce website > Can sell to customers anywhere in the country or the world > Reaches a much larger market than a physical shop.
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- Wealth Wizard
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Re: 19 Explain how a business could use the internet to grow internally.
Kn
A business can use the internet to grow internally by expanding its sales through e commerce
App
For example, a clothing store could create an online website to sell its products allowing customers from across the country or even abroad to place orders which increases overall sales and brand image helping the business grow without needing to open new physical shops
An
Therefore, using the internet for e commerce allows a business to expand its customer base and boost revenue, supporting internal growth efficiently and cost effectively
A business can use the internet to grow internally by expanding its sales through e commerce
App
For example, a clothing store could create an online website to sell its products allowing customers from across the country or even abroad to place orders which increases overall sales and brand image helping the business grow without needing to open new physical shops
An
Therefore, using the internet for e commerce allows a business to expand its customer base and boost revenue, supporting internal growth efficiently and cost effectively
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- Corporate Commander
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Re: 19 Explain how a business could use the internet to grow internally.
(KN)By using E-Commerce to sell it's products online.
(APP)For instance, Walmart utilizes the internet to sell groceries through it's website online.
(AN)This makes it so that it is more convenient for people to be able to purchase everyday use items, which can lead to customers buying through the store again and again (recurring sales), thus leading to development of brand image.
(APP)For instance, Walmart utilizes the internet to sell groceries through it's website online.
(AN)This makes it so that it is more convenient for people to be able to purchase everyday use items, which can lead to customers buying through the store again and again (recurring sales), thus leading to development of brand image.
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- Corporate Commander
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Re: 19 Explain how a business could use the internet to grow internally.
[KN] A business can use the internet to improve its own operations and increase sales.
[APP] For example, A clothing brand can sell its products online nationwide and internationally by creating a website.
[AN] This helps the business reach more customers w/o opening new outlets. It can also promote its products online through social media and get customer’s feedback to improve services. This way the business can expand as sales will increase, leading to internal growth.
[APP] For example, A clothing brand can sell its products online nationwide and internationally by creating a website.
[AN] This helps the business reach more customers w/o opening new outlets. It can also promote its products online through social media and get customer’s feedback to improve services. This way the business can expand as sales will increase, leading to internal growth.
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- Corporate Commander
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Re: 19 Explain how a business could use the internet to grow internally.
[KN] By selling online
[APP] For example, a small, local handmade jewellery business could set up an online store or sell through platforms like Instagram or Daraz, allowing it to reach customers outside its local area without needing to expand its business and open up shops in new areas.
[AN] This helps the business increase its customer base, helping improve brand recognition as more people become aware of its products online, which can lead to repeat purchases, helping increase the sales of the business, enabling it to expand in the long run.
[APP] For example, a small, local handmade jewellery business could set up an online store or sell through platforms like Instagram or Daraz, allowing it to reach customers outside its local area without needing to expand its business and open up shops in new areas.
[AN] This helps the business increase its customer base, helping improve brand recognition as more people become aware of its products online, which can lead to repeat purchases, helping increase the sales of the business, enabling it to expand in the long run.
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- Trade Titan
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Re: 19 Explain how a business could use the internet to grow internally.
[KN] A business can use the internet to grow internally by increasing its own sales and improving how it operates, rather than merging with another company.
[APP] For example, a small bakery could create a website or use social media to take online orders and advertise new products to more customers.
[AN] This helps the business grow because it can reach a wider audience, boost sales, and improve efficiency through online marketing and direct communication with customers.
[APP] For example, a small bakery could create a website or use social media to take online orders and advertise new products to more customers.
[AN] This helps the business grow because it can reach a wider audience, boost sales, and improve efficiency through online marketing and direct communication with customers.
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- Wealth Wizard
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Re: 19 Explain how a business could use the internet to grow internally.
They can create ecommarce website
Easier access of products worldwide and anywhere
Due to such websites it can reach a larger audience than a physical shop,generating more revenue and can also increase growth and new products
Easier access of products worldwide and anywhere
Due to such websites it can reach a larger audience than a physical shop,generating more revenue and can also increase growth and new products
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- Corporate Commander
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Re: 19 Explain how a business could use the internet to grow internally.
[KN] By selling their products online.
[APP] For example a person owns a small shop and sells high quality goalkeeping gloves can use apps like Draz, Timo and Instagram to sell more of his product to people outside his local area.
[AN] Hence this will lead to major growth of business as people will become aware of his product and if customers like the product, they will purchase it again which will improve his brand image, and the business will expand in the long run.
[APP] For example a person owns a small shop and sells high quality goalkeeping gloves can use apps like Draz, Timo and Instagram to sell more of his product to people outside his local area.
[AN] Hence this will lead to major growth of business as people will become aware of his product and if customers like the product, they will purchase it again which will improve his brand image, and the business will expand in the long run.
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- Corporate Commander
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Re: 19 Explain how a business could use the internet to grow internally.
[KN]Using the internet, a business can reach more customers directly through online marketing and e-commerce.
[APP]A small clothing company could set up its own online store and promote its products on social media platforms like Instagram.
[AN]By selling online, the business can attract customers from other cities which can increase brand awareness and using online systems for stock control or customer feedback can make the business more efficient and help it grow from within as they can improve their services.
[APP]A small clothing company could set up its own online store and promote its products on social media platforms like Instagram.
[AN]By selling online, the business can attract customers from other cities which can increase brand awareness and using online systems for stock control or customer feedback can make the business more efficient and help it grow from within as they can improve their services.
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- Wealth Wizard
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Re: 19 Explain how a business could use the internet to grow internally.
KN: A business can use the Internet to grow internally by increasing its sales or improving how it operates.
APP: E.g a clothing brand can sell products through its own website and reach more customers online.
AN: This helps the business grow from within by boosting sales and building a stronger customer base.
APP: E.g a clothing brand can sell products through its own website and reach more customers online.
AN: This helps the business grow from within by boosting sales and building a stronger customer base.
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- Corporate Commander
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Re: 19 Explain how a business could use the internet to grow internally.
KN: Internal growth happens when a business expands from within using its own resources.
App: A small bookstore could launch an online store to reach customers nationwide.
An: Using the internet increases sales without merging or taking over other firms, enabling controlled and sustainable growth.
App: A small bookstore could launch an online store to reach customers nationwide.
An: Using the internet increases sales without merging or taking over other firms, enabling controlled and sustainable growth.