The Impacts of eBusiness
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Transcript of The Impacts of eBusiness
© 1&1 Internet Ltd 2010
© 1&1 Internet Ltd 2010
Results of launching a website …
Online business 2005Online business 2005--20102010
Source: 390 UK companies using a website for 5+ years in March 2010 via electronic feedback form
Increased awareness for the business 76 %
Better image for the business 65 %
Greatly increased sales revenue 36 %
New types of domestic customer 41 %
Access to overseas customers 35 %
Access to overseas suppliers 10 %
© 1&1 Internet Ltd 2010
eBusiness in 2010 eBusiness in 2010 -- State of PlayState of Play
Enquiries handled from website
Source: 390 UK companies using a website for 5+ years in March 2010 via electronic feedback form
Online activities
Average firm now handles 21-30 % of enquiries from website93 % report positive impact, 59 % “huge” or “sizeable” positive impactSuccess on web has led 54 % to change business plan in recent years
eCommmerce 36 %
Search engine marketing 23 %
Biz blogging / social networks 21 %
Customer administration online 17 %
Banner adverts 12 %
Real-time chat with customers 8 %
© 1&1 Internet Ltd 2010
eBusiness in 2010 eBusiness in 2010 -- State of PlayState of Play
Revenue currently generated from website
Source: 390 UK companies using a website for 5+ years in March 2010 via electronic feedback form
Online revenue over past 3 years
Average firm now raises more than 10 % of total revenue from websiteFor 46 % of firms, online sales revenue is higher than before recession in ‘07Investing in website – 59 % of businesses feel “Positive“, online 3 % “Negative“
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eBusiness 2010 eBusiness 2010 –– Investment in eBusiness Investment in eBusiness
“How do you feel about investing in facilities for shifting customer processesto your website – e.g. customer self-administration, order processing, payments, feedback etc?”
Source: 390 UK companies using a website for 5+ years in March 2010 via electronic feedback form
Highly positive 52 %
Open to idea 30 %
Indifferent 14 %
Negative 3 %
Other 1 %
© 1&1 Internet Ltd 2010
Source: 390 UK companies using a website for 5+ years in March 2010 via electronic feedback form
Online business 2005Online business 2005--20102010
The entrepreneur – impact on work / life balance
Effect of using a website Effect of using email
For 41 %, launching a website has improved work/life balanceTwo thirds believe email has improved work/life balance, and 1 in 4 gained an enhanced home-life
© 1&1 Internet Ltd 2010
Online business 2005Online business 2005--20102010
The entrepreneur – impact on skills & outlook
Source: 390 UK companies using a website for 5+ years in March 2010 via electronic feedback form
“Better perspective on customer needs” – 40 %
“Made more of a mark on my industry” – 76 %
“Driver of my personal entrepreneurship”– 75 %
“More creative” –54 %
“Value each individual customer more” – 25 %
“Made me personally more successful” –76 %
“Made me more ambitious about financial goals” –68 %
© 1&1 Internet Ltd 2010© 1&1 Internet Ltd 2010
Online business in 2010Online business in 2010
The consumer – impact on buying behaviour
Source: 1428 UK adults surveyed by OpinionMatters via electronic feedback form
49 % of consumers now regularly buy from Internet-only firms
48 % of Britons expect all businesses to have a website
1 in 3 have ‘concerns’ about using a firm that has no website
52 % prefer online facilities to check/amend their customer admin
Consumers now actively seek online methods
© 1&1 Internet Ltd 2010
Online business since the start...Online business since the start...
The consumer – impact on expectations
Source: 1428 UK adults surveyed by OpinionMatters via electronic feedback form
43 % expect a quicker turnaround of orders than before online retailing
65 % admit to becoming more ‘demanding’ since starting to buy online
29 % now respond better to electronic display adverts over printed ones
30 % expect a better total customer-experience overall
Online business has changed Britons’ consumer expectations
© 1&1 Internet Ltd 2010
The consumer – route to entrepreneurship
Source: 1428 UK adults surveyed by OpinionMatters via electronic feedback form
Britons believe ‘online business’ has increased access to entrepreneurshipHigh public understanding of how achievable it is to launch a business online
58 % now view running an Internet-based business to be a mainstream career type
1 in 3 believe that ability to sell to others online is a significant motivator for less privileged to be involved in business
1 in 5 people have considered starting their own online business
83 % believe Internet has made it more achievable for average person to succeed with a business idea
Online business since the start...Online business since the start...
© 1&1 Internet Ltd 2010
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