Question

In: Economics

Digital Business Analysis Report Review How has digital business altered practices and procedures in marketing over...

Digital Business Analysis Report Review

How has digital business altered practices and procedures in marketing over the past 5-10 years?

(300 words)

Solutions

Expert Solution

Digital business means doing business activity through e-commerce or online .As we know digital platform provide business a big place for running business activity smoothly because there are global customer's to purchase those goods.there are no barrier for trade.Digital platform provides bigger market for selling and buying of product.it gives global recognition of products.Due to digital business communication is done very fast .We can send files anywhere.Now there is need for more security of data's because there is online transaction and hence virus can impacted system' s badly.

Now there is fast internet requirement.There is fast anti-virus requirement.There is need for marketing and promotion of goods via online.there is need to know about potential customers.There is need for continuous innovation.There is need for providing details about these product in all social platform.Now there are more competition hence its necessary to promote and boost up product.There must be transparency about product.Companies must have to produce their performance every year in digital platform.now they must have to focus about marketing, attratctiveness of product.


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