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Sunday, October 24, 2010

How is e-commerce useful to developing country entrepreneurs?

There are at least five ways by which the Internet and e-commerce are useful for
developing country entrepreneurs:
1. It facilitates the access of artisans and SMEs to world markets.
2. It facilitates the promotion and development of tourism of developing countries
in a global scale.
3. It facilitates the marketing of agricultural and tropical products in the global market.

4. It provides avenues for firms in poorer countries to enter into B2B and B2G supply
chains.
5. It assists service-providing enterprises in developing countries by allowing them to
operate more efficiently and directly provide specific services to customers globally.

Developing country SMEs in the services sector have expanded their market with
the increased ability to transact directly with overseas or international customers
and to advertise their services. This is especially true for small operators of tourismrelated
services. Tourism boards lend assistance in compiling lists of service providers
by category in their Web sites.
In addition, for SMEs in developing countries the Internet is a quick, easy, reliable
and inexpensive means for acquiring online technical support and software tools and
applications, lodging technical inquiries, requesting repairs, and ordering replacement
parts or new tooling.
The Internet is also instrumental in enabling SMEs in developing countries to join
discussion groups with their peers across the globe who are engaged in the same
business, and thereby share information, experiences and even solutions to specific
technical problems. This is valuable especially to entrepreneurs who are geographically
isolated from peers in the same business

2 comments:

  1. Everything is going online & shopping is not an exception to the rule, nice post, thankyou!

    ReplyDelete
  2. Thank you very much for this useful article. I like it. pushpushgo

    ReplyDelete