Write a note on interrelation of commercial activities definition
Relationship marketing helps retain customers over the long term, which results in customer loyalty rather than customers purchase once or infrequently.
E-businesses should use this because they can then be sure that the information sent and received to their system is clean. To help with data integrity, firewalls protect stored data against unauthorized access, while simply backing up data allows recovery should the data or equipment be damaged.
Study of interrelationship
Without an effective marketing campaign specifically tailored to promote e-business, an organization creates huge financial risk by investing in marketing resources that do not drive consumer traffic to the transaction websites. To help with data integrity, firewalls protect stored data against unauthorized access, while simply backing up data allows recovery should the data or equipment be damaged. This information is enticing to hackers and particularly vulnerable to data breaches , so e-business website owners are responsible for incorporating methods, such as data encryption , to ensure secure transactions. For example, the dot-com crash of began after several e-business startups went public and were purchased by other e-businesses. Modern electronic commerce typically uses the World Wide Web for at least one part of the transaction's life cycle, although it may also use other technologies such as e-mail. These messages have to be decrypted in order to be understandable or usable for someone. It primarily identifies what product or service will be created in order to generate revenues and the ways in which the product or service will be sold. This management can occur between a business and its customers business to consumer [B2C] or between a business and other businesses business to business [B2B]. Implementing a relationship marketing strategy Relationship marketing is based on the tenets of customer experience management CEM , which focuses on improving customer interactions to foster better brand loyalty. There can be complications when using different browsers, which means they need to use multiple certificates. Without a well defined revenue model, that is, a clear plan of how to generate revenues, new businesses will more likely struggle due to costs which they will not be able to sustain. A business must have assurance that the receiving party or purchaser cannot deny that a transaction has occurred, and this means having sufficient evidence to prove the transaction.
Tools such as encryption and firewalls manage this specific concern within e-business. Spending on marketing and advertising to acquire new customers can be expensive. There are other types of e-business models beyond the business-to-consumer B2C model, which is defined by selling products directly to retail consumers online.
Companies can use these certificates in several different ways.
This system alerts when there are possible intrusions. Marketing helps a business to gauge consumers' interests and needs, and develop campaigns to maintain loyalty.
As e-commerce has accelerated, stringent security protocols and tools, including encryption and digital certificates, were adopted to protect against hackers, fraud and theft.
based on 24 review