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For ensuring you acquire the right type of customer digitalizing business is the only way out. Business suing digital platforms has brought a boost to the digital economy.
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What Is Digital Economy? It refers to wide spectrum of economic activities utilizing digitized information. Examples, big data, cloud computing etc.
Components Forming Digital Economy • World Wide Web • Telecommunication industry • E-commerce • Information and knowledge management
Characteristics Of Digital Economy • It basically operates on sharing. • Digital economy builds bridge between buyer and seller. • Offering of tailored products to customers is possible with it.
Strategies To Boost Digital Economy • Enforcement of regulatory practices. • Availability of digital platform to widely. • Achieving digital standards.
Summary If a nation wants to become part of constant progress then switching to a digital economy seems to be necessary. With digital economy, customers are now more connected to prospective sellers.
Contact Details Phone No +1 (866) 422 1971 Email info@idc-a.org