There are many reasons for network marketing and internet business mlm online, all of which are the result of advanced skill in this technological age we live in today. Technology has definitely increased business advantages, especially with regard to internet business, as well as network marketing, by the following ways:
- Lowers costs
- Gives better customer service
- Helps to integrate data
- Makes it easy to outsource
Technological services help a business’ service, price, and quality. For example, a business increases its availability by using the internet and decreases its costs of having meetings at a specific location when it can conduct these meetings online, thus cutting the cost of travel and a “lost day” at the office by simply using the internet, or any type of online services. Cost, convenience, speed, and accuracy are advantages for businesses that actively use technology. There are various types of medians in which online business is conducted, among which include the internet, intranet, and extranet.
The internet is a connective median by which individuals communicate. This communication can be an interaction involving 2 or more individuals. Sometimes individuals known as hackers grasp information that is not intended for others to access. This is the reason that security systems must be in tact, to prevent this violation of private information.
The intranet is a computer networking system that is private. It uses internet protocol technologies as a part of its security. This system is between 2 correspondents and is secured. A good example of this is the system that is between a wholesale travel company and its travel agent. This system must be secure and have no flaws, due to the high volume of money and reservations that pass through its realm.
The extranet is a network between organizations in a secure manner such as:
- Suppliers
- Vendors
- Costumers
- Partners
- Other businesses
It is a “state of mind” system where businesses feel that they can reach a large number of prospective consumers. However, this type of internet business is not always the most secure and must be guarded against “hackers”.
All three of the above types of technologies can be supported by e-businesses for e-commerce activities by the following ways:
- Retail sites
- Shopping archives
- Customer evaluations
- Q & A
- Social sites, such as Facebook, MySpace, Twitter, LinkedIn, among others
- Browsing sites
- Video sharing
- Photo site
It seems e-commerce is always increasing and changing, thus making new methods of implementation appear constantly. Staying “ahead of the game” is what every business wants when involved in network marketing and internet business ventures. It is up to the companies who are conducting their businesses online to implement the most current and/or advanced tools so the most suitable technology can be used in regard to these online practices.
All in all, network marketing and internet business mlm online is a field where consultants must be trained so their level of skill and mastery will ensure the performance desired.