Nowadays, the use of e-commerce for businesses has become important not only for the purpose to preserve the own place on the market, but also to expand market share in connection with the rapid development of information technologies, increasing the role of the Internet and integrated automation industries. Virtual World Wide Web gives a good opportunity to develop the own online business because it has a global character. Any person can successfully do business online, controlling it by the use of the Internet, regardless of geographic location. In addition, there are many other benefits of online business, details of which can be found in the consideration of the following material. In such a way, we see that the use of the Internet is not only relevant, but it is also essential for companies in today’s environment. Thus, the main aims of this paper are to present the most important reasons for the need to use the Internet for business development, and to demonstrate the benefits of doing online business.
At the beginning, it is important to state that the Internet gives a lot of new opportunities for modern companies to extend their activities and to increase their profits. It has a place because online business is a kind of new economic system which allows to increase sales and to reduce costs.