Even though the business presentation is over, I think about the online party-planning company quite often. Not that I’m interested in doing such business, but because it’s actually my first time knowing that such company really exist. A little too late probably, but better late than never.
What attracts me the most to this business, or e-Business in general, is how people nowadays are very dependent on technology, and how much technology makes life much easier. The section in business that got impacted the most because of the internet is obviously marketing. They save cost because they don’t have to print lots of flyers to advertise their product , they can use facebook or use forums online to update their members and emails for some general informations. Because of this, they can also save time and cost which then can be allocated to other sectors of the business. And for online party planning company, they benefitted for not having to have physical office base.
The easy access to the whole world through internet has helped small businesses to start without having to worry too much about the fixed cost because it is definitely cheaper than if they have to start their shop physically, for example. Thanks for the US Army back in the 1950 for developing the internet! 🙂
