The Use of Computers in Business
Essay title: The Use of Computers in Business
Marketing is the process by which goods are sold and purchased. The aim of
marketing is to acquire, retain, and satisfy customers. Modern marketing has evolved into
a complex and diverse field. This field includes a wide variety of special functions such as advertising, mail-order business, public relations, retailing and merchandising, sales,
market research, and pricing of goods.
Businesses, and particularly the marketing aspect of businesses, rely a great deal on the
use of computers. Computers play a significant role in inventory control, processing and
handling orders, communication between satellite companies in an organization, design and production of goods, manufacturing, product and market analysis, advertising, producing the company newsletter, and in some cases, complete control of company operations.
In todays extremely competitive business environment businesses are searching for
ways to improve profitability and to maintain their position in the marketplace. As
competition becomes more intense the formula for success becomes more difficult. Two
particular things have greatly aided companies in their quests to accomplish these goals.
They are the innovative software products and the World Wide Web.
More and more manufacturing businesses are integrating some
aspects of production, including inventory tracking, scheduling, and marketing. This idea,
known as computer-integrated manufacturing (CIM), speeds processing of orders, adds to
effective materials management, and creates considerable cost savings.
In addition to designing and manufacturing a product, a company must be effectively
able to advertise, market, and sell its product. Much of what passes for business is
nothing more than making connections with other people. What if you could pass out your
business card to thousands, maybe millions of potential clients and partners? You can,
twenty four hours a day, inexpensively and simply on the World Wide Web. Firms
communicate with their customers through various types of media. This media usually
follows passive one-to-many communication where a firm reaches many current and
potential customers through marketing efforts that allow limited forms of feedback on the
part of the customer. For several years a revolution has been developing that is
dramatically changing the traditional form of advertising and communication media. This
revolution is the Internet, a massive global network of interconnected computer networks
which has the potential to drastically change the way firms do business with their
customers.
The World Wide Web is a hypertext based information service. It provides access to
multimedia, complex documents, and databases. The Web is one of the most effective
vehicles to provide information because of its visual impact and advanced features. It can
be used as a complete presentation media for a companys corporate information or
information on all of its products and services.
The recent growth of the World Wide Web (WWW) has opened up new markets and
shattered boundaries to selling to a worldwide audience. For marketers the world wide
web can be used to create a client base, for product and market analysis, rapid information access, wide scale information dissemination, rapid communication, cost-effective document transfers, expert advice and help, recruiting new employees, peer communications, and new business opportunities. The usefulness of the Internet or WWW depends directly on the products or services of each business.
Finding new clients and new client bases is not always an easy task. This process
involves a careful market analysis,