Knowledge services to improve product conversion rates
The explosion of information on the Internet has changed how consumers obtain information, moving from paper books, newspapers, and magazines to e-books and mobile networks. By using the network to access live information, consumers can also communicate with senior citizens and interact with them through live streaming and online consulting, no longer restricted to a certain field, for cross-border reading and for cross-professional access to knowledge. It allows organizations to push product information to platforms for target groups, shorten the distance between enterprises and consumers, collect product feedback in a timely manner, interact with consumers, and deepen consumers’ knowledge of products. Similarly, enterprises can use networks and cloud computing to store large amounts of information and improve the efficiency of their information acquisition and storage. Hence, a high-speed internet like tm unifi malaysia could be conducive to business productivity.
People move from a small circle to a larger circle of contacts all the time in the Internet era. Numerous social networking platforms allow people with common interests to form circles, some of which reach beyond kinship, geographical location, and classmates to encompass a much broader circle. Enterprises can also benefit from social networking. A particular industry can be composed of both industry operators and product consumers. Using this feature, enterprises can form industry or similar industry circles, attract a large number of human resources, and target specific target groups. Through communication and exchange, coupled with certain activities, these target groups will become loyal consumers for enterprises.
Throughout history, many strategists have gained knowledge from books and analyzed the situation. People now have easier access to knowledge and information thanks to the rapid development of the Internet. Businesses should make good use of Internet resources to obtain industry information in a timely manner, analyze the situation, and control the market trend. It is essential that they are always prepared to respond to sudden changes in the industry, or to change their product management strategy according to the wind direction, in order to fundamentally improve their competitiveness and remain profitable.
In addition to bringing convenience to people’s lives, the Internet has given rise to numerous intelligent service systems, such as the Internet of Vehicles, the Internet of Things, mobile payments, intelligent logistics, cloud services, big data, intelligent information systems, etc. When enterprises are able to make good use of these intelligent systems, they can reduce their cost expenditures, whether it is in the management of enterprise information or in the way they interact with suppliers and consumers. Furthermore, with cloud computing, big data, and other Internet tools, enterprises can better execute reform and innovation, promote product changes, so that the enterprise will always be alive.