Technologies Company Unit 5 DB

Running head : TECHNOLOGY

Technologies Company Unit 5 DB What resources does an International Internet retailer need other than merely a storefront on the Internet

The resources required by an international internet retailer are primarily innovation of its ideas which is governed by customer demands and requirements . An innovative idea to shape its products and services in appropriateness to the present demands and future forecasts enables the internet business to gain greater market strength . Other resources namely usability of the website plays a significant role in customer retention and enhance ability (Nielsen

, 2002 . Another factor of large importance is the customization of products . The customization would enhance the product design in accordance to ones needs and would generate repeat business . The online advertising and marketing strategy would enhance the international internet business for its products and services

Does it require fewer physical , financial , and human resources than a traditional retailer , or just as many ? Explain

It requires fewer physical , financial and human resources than a traditional retailer in internet business . The internet business is composed of a website with an internet server and a handful of design elements to put up an online storefront . The physical resources are less with regard to the online store front as one is able to access the online business at their internet browser . The financial resources are comparatively less in connection to traditional intermediaries . The human resources are quite less as not many people are required to be present for an internet website

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