Latest News
Government Minister talks about the Internet and business
Q: “What do you call a business that doesn’t have a website?”
A: “Nobody knows, and nobody cares!”
The Digital World has no borders. Often, in society, that can be problematic, however, in today’s modern, fast-paced business world, the internet has emerged as a cornerstone of robust and dynamic business strategies. The Parliamentary Under Secretary of State for the Future Digital Economy Baroness Jones of Whitchurch, recently spoke about the importance of the Internet saying: “It’s efficient, profitable, and reinforces the competitive edge of your business, ultimately future-proofing it against potential market shocks.”
It is no longer a question of whether or not you have a website for your business, it is now a question of whether that website is optimised to deliver the maximum benefit for your business. Incorporating the internet into your business strategy is an essential part of your business planning. It not only creates economies but also reduces some product and service delivery costs and helps you stand out from your competition.
Quite simply, an effective online presence not only enhances your visibility but also expands your customer base, reaching potential customers far beyond your immediate locality.
Profitability is another compelling reason to make the internet a core part of your business strategy. The internet offers the potential for increased profits through online sales, advertising revenue, and also allows you to make sales, extending your business’s opening hours to 24/7/365, providing round-the-clock services to your customers across the globe even when the doors of your bricks-and-mortar business are closed. Furthermore, the internet offers networking opportunities that are impossible to match in the offline world. It connects businesses to potential clients, partners, and suppliers around the world over, opening up opportunities for collaborations and partnerships.
Lastly, by embracing the internet, you’re future-proofing your business. The business world is increasingly moving online, and companies that fail to adapt risk being left behind. By integrating the internet into your business strategy now, you’re ensuring your business remains competitive and relevant in the years to come.
In conclusion, incorporating the internet into your business strategy is not just an option; it’s a necessity for modern, efficient, and profitable operations. It significantly enhances your visibility, expands your customer base, offers innovative customer support options, prolongs your opening hours, leads to cost savings, provides numerous networking opportunities, boosts research efficiency, and ultimately future-proofs your business helping you stay in front of the competition.