21st Century Businesses using Web 2.0

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21st Century Businesses using Web 2.0 by Mind Map: 21st Century Businesses using Web 2.0

1. What is web 2.0 ?

1.1. A Variety of social and business networks that connects you to vast fully functional cyber world.

1.2. The second Generation of web based services

1.3. Many call Web 2.0 advanced web Technology

2. Interpersonal Computing

2.1. Using online technology to connect people to each other in social networks

3. Web services

3.1. Components of online web functions which interlink multiple services to specified web sites - eg: an easy payment option using pay pal, on your businesses product webpage

4. Web 2.0 sites :

4.1. Myspace Facebook and youtube

5. How does web 2.0 connect you ?

5.1. Its as simple as developing a website, that would represent your business.

5.2. With a versatile range of social and business networks, web 2.0 applications and web sites such as MySpace will greatly benefit the way you do business.

6. what part will web 2.0 play in your business

6.1. When connected to web 2.0 you have access to your external environment.

6.1.1. Competitors

6.1.2. Suppliers

6.1.3. Customers

6.1.4. Investors

6.1.5. Employees

7. Welcome to a more sophisticated and advanced way of doing business

7.1. Web 2.0 has given every business a new competitive edge.

7.1.1. The marketing function of firms have taken advertising to an extreme level

7.1.2. With online transactions and automatic research including data analysis, this all together lowers a firms operating expenses drastically .

8. Connections

8.1. Using Web 2.0 it will now become easier than ever to communicate with the out side world.

8.1.1. saving you production costs

8.1.2. providing you with reliable and relevant information.

8.1.3. Updating you on you competitors newest move.

8.1.4. Easily connecting form a variety of different networks, such it be phones Computers Blackberry

9. Safety Issue

9.1. Advantages of web 2.0

9.1.1. secure online banking/money transactions

9.1.2. Easy access to clients

9.1.3. Links people through mutual business connections

9.1.4. Inexpensive advertising

9.2. Disadvantages of being so connected

9.2.1. personal information is at risk

9.2.2. viruses could destroy data

10. Connecting your business functions and creating a synergy.

10.1. Product developing

10.1.1. Knowing what to produce at what quantity.

10.2. Sales

10.2.1. knowing were you demand lies and which market would be more profitable.

10.3. Marketing

10.3.1. Making you customers more aware of what you have to offer, creating a demand.

10.4. Customer Service

10.4.1. The concept added value pays an important roll in attracting online customers.

10.5. Human resources

10.6. Financing

11. Business online strategies

11.1. Social Marketing

11.1.1. Businesses can now easily use social networking to achieve faster and cheaper advertising. FaceBook Myspace Youtube

12. Business Costs

12.1. Decrease traveling costs

12.1.1. Videoconferencing between firms across the globe


13.1. 10417002

14. Xavier John Gerard Trollope