IT industry is growing rapidly in all aspects like commercial business, network services, and IT services, outsourcing services, E-business and more. There is a good scope for all these business lines, especially for E-Business. It is a growing business line in the IT sector. It is not only a must for IT industry, but also required in every industry. E –Business as also referred as electronic business is determined by e-mail, e-commerce. It is also called as internet business because the entire process on e-business takes place online. It spans along the entire valve chain to connect the business process; this chain is not only about buying and selling the products online, but also comprises of customer service and interactions with business partners. E-business supports the entire activity of the business with communication technologies and application information. These days, every enterprise thinks about increasing the business prospective for electronic business, so as to reach the pinnacle.
Generally, e-business is the subset of e-commerce; it is buying and selling of products through internet. Business environment has some key elements to improve their growth in business, such as:
- Speed of change
- Interactivity and connectivity
- Exchange information on economies
- Scale of network economies
All these elements can increase the efficiency of the business and can help meeting the meet customer’s demands and expectations. E-business can takes place in three types of channels like communication channel, transaction channel and distribution channel. The communication channel provides you with easier access to additional information. Transactional channels would reduce the transaction costs and increase the business efficiency. Through internet, some products and services can be received via distribution channel. It supports market segmentation and provides imminent into customer preferences, which help in establishing the product and the features. It also offers information on potential size like scale effects.
There is a good scope for E Business jobs in IT industry; only thing is that you should be skilled to handle the business strategies through internet. Individual who want to apply for these jobs should have hands on experience or knowledge in online marketing. It is also mandate that they have an understanding and knowledge of website design, web hosting, HTML and other web based technologies. The main responsibility of this job is to support the eBusiness solution manager as required in online marketing activities; like social media, email campaign and webcast and more. If you have the efficiency to manage and assist the business strategies, and you can plan and execute search engine optimization across all websites, then you are a step closer to this rewarding job!!