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HOW TO SUCCEED IN
DIGITAL ECONOMY?
BY ESAD SALIHOVIC
THE DIGITAL ECONOMY IS DEFINED AS THE ECONOMY, WHICH IS
BASED ON THE INTERNET ECONOMY.
THERE ARE DIFFERENT NAMES OF THIS DIGITAL ECONOMY THEY
ARE:
1. NEW ECONOMY
2. WEB ECONOMY
BY ESAD SALIHOVIC
AS IT IS THE TIME OF TECHNOLOGY SO THE CONCEPT OF THE
DIGITAL ECONOMY IS INCREASING DAY BY DAY.
THE DIGITAL IS NOT CONSIDERED AS THE PART OF THE ECONOMY,
BUT IT IS THE ECONOMY.
BY ESAD SALIHOVIC
AS THIS ECONOMY IS VERY LIMITLESS MEANS THAT EVERY DAY
YOU WILL SEE A NEW THING IN THE MARKET AND DISPLACE THE
OTHER PRODUCT LIKE KODAK, BLACKBERRY, AND MANY OTHER
FIRMS WERE UNABLE TO ADAPT SO THEY DISPLACED FROM THE
MARKET.
THOSE FIRMS WHICH ADAPT TO A DIGITAL WORLD SURVIVE IN
THE MARKET.
BY ESAD SALIHOVIC
THERE ARE SOME QUESTIONS THAT ARRIVES IN THE MIND OF A
PERSON AFTER READING IT OR WHAT ARE THE REASONS THAT
THESE FIRMS WERE DISPLACED AND HOW SOME FIRMS SURVIVE
IN THE MARKET.
THE QUESTIONS ARE:
1. HOW THEY SURVIVE IN THE MARKET AND MAKE THEIR PLACE IN
IT?
2. ON WHICH POINTS THEY FOCUS?
BY ESAD SALIHOVIC
ANSWERING THE ABOVE QUESTIONS THERE ARE SOME POINTS
THAT MAKE THE FIRM SURVIVE IN THE MARKET. THOSE POINTS
ARE:
- EXPECTATIONS OF A CONSUMER
- IMPROVING THE PRODUCT
- BUILDING AN ECOSYSTEM
- NEW ORGANIZATIONAL STRATEGIES
BY ESAD SALIHOVIC
EXPECTATIONS OF A CONSUMER:
THE PEOPLE ARE AWARE OF THE NEW TECHNOLOGY SO TO
IMPRESS THE DIGITALLY EMPOWERED CUSTOMERS IT IS VERY
IMPORTANT TO DESIGN A PRODUCT ACCORDING TO THE
EXPECTATION OF THE CONSUMER.
THEIR MAIN AIM IS TO PROVIDE THE BEST PRODUCT AT AN
AFFORDABLE PRICE SO THAT THEY CAN SURVIVE IN THE MARKET.
FOR THE EASINESS OF THE CONSUMER THE COMPANY PROVIDES
CUSTOMER SERVICES TO THEIR BUYERS SO THAT THEY CAN
APPROACH THEM IF THEY FACE ANY DIFFICULTY IN USING THE
PRODUCT.
BY ESAD SALIHOVIC
IMPROVING THE PRODUCT:
TO SURVIVE IN THE MARKET IT IS VERY IMPORTANT TO UPGRADE
THE PRODUCT ACCORDING TO THE NEED AND REQUIREMENT OF
THE SOCIETY.
LIKE DIFFERENT COMPANIES ARE OFFERING DIFFERENT
ELEVATORS AND ESCALATORS WITH DIFFERENT FACILITIES BUT
TO ATTRACT THE CONSUMER SCHINDLER’S OFFER A UNIQUE
FACILITY IN ELEVATORS AND ESCALATORS THAT COLLECT SENSOR
DATA, WHICH SEND THE INFORMATION TO THE COMPANY AND
THE DATA IS ANALYZED SO TO GENERATE THE MAINTENANCE
NOTIFICATION BEFORE ANY BREAKAGE THIS WILL MAKE THE
CONSUMER FEEL SAFE AND HAPPY.
BY ESAD SALIHOVIC
BUILDING AN ECOSYSTEM:
COMPANIES SHOULD BECOME MORE INVENTIVE, SO TO COMPETE
IN THIS ENVIRONMENT.
SUCCESSFUL COMPANIES ARE BUILDING AN ECOSYSTEM WITH
DIFFERENT DIGITAL NETWORKS SO TO PROMOTE THEIR PRODUCT
AND TO INTRODUCE THEIR NEW INVENTIONS.
BY ESAD SALIHOVIC
NEW ORGANIZATIONAL STRATEGIES:
THE LEADER OF THE COMPANY IS RESPONSIBLE FOR RETHINKING
ABOUT THE STRUCTURE OF THE PRODUCT AND HOW TO DEAL
WITH THE NEW MARKET ENVIRONMENT.
IT IS SAID THAT THE STRATEGIES DEVELOPED IN THE 90’S WILL
NOT WORK IN THIS CENTURY DUE TO THE CHANGING
ENVIRONMENT, NEEDS AND THE FAST-CHANGING DIGITAL
ECONOMY.
BY ESAD SALIHOVIC
THE SUCCESSFUL COMPANIES ARE ALSO FOCUSING ON THE DARK
SIDE OF THE TECHNOLOGY SO TO OVERCOME THESE DRAWBACKS
OF THE DIGITAL ECONOMY THE COMPANIES EMPHASIZE ON
CYBER SERVICES SO TO FACILITATE THE CUSTOMER AND ALSO TO
SAVE HIM FROM ANY HARM.
BY ESAD SALIHOVIC
NOW, IF YOU’RE READY TO START YOUR JOURNEY IN THE DIGITAL
ECONOMY OR INTERNET MARKETING WORLD, THEN CLICK HERE
TO EXPLORE THE TREMENDOUS POTENTIAL THAT LIES WITHIN
THIS BUSINESS WORLD.
BY ESAD SALIHOVIC

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How to Succeed in Digital Economy

  • 1. HOW TO SUCCEED IN DIGITAL ECONOMY? BY ESAD SALIHOVIC
  • 2. THE DIGITAL ECONOMY IS DEFINED AS THE ECONOMY, WHICH IS BASED ON THE INTERNET ECONOMY. THERE ARE DIFFERENT NAMES OF THIS DIGITAL ECONOMY THEY ARE: 1. NEW ECONOMY 2. WEB ECONOMY BY ESAD SALIHOVIC
  • 3. AS IT IS THE TIME OF TECHNOLOGY SO THE CONCEPT OF THE DIGITAL ECONOMY IS INCREASING DAY BY DAY. THE DIGITAL IS NOT CONSIDERED AS THE PART OF THE ECONOMY, BUT IT IS THE ECONOMY. BY ESAD SALIHOVIC
  • 4. AS THIS ECONOMY IS VERY LIMITLESS MEANS THAT EVERY DAY YOU WILL SEE A NEW THING IN THE MARKET AND DISPLACE THE OTHER PRODUCT LIKE KODAK, BLACKBERRY, AND MANY OTHER FIRMS WERE UNABLE TO ADAPT SO THEY DISPLACED FROM THE MARKET. THOSE FIRMS WHICH ADAPT TO A DIGITAL WORLD SURVIVE IN THE MARKET. BY ESAD SALIHOVIC
  • 5. THERE ARE SOME QUESTIONS THAT ARRIVES IN THE MIND OF A PERSON AFTER READING IT OR WHAT ARE THE REASONS THAT THESE FIRMS WERE DISPLACED AND HOW SOME FIRMS SURVIVE IN THE MARKET. THE QUESTIONS ARE: 1. HOW THEY SURVIVE IN THE MARKET AND MAKE THEIR PLACE IN IT? 2. ON WHICH POINTS THEY FOCUS? BY ESAD SALIHOVIC
  • 6. ANSWERING THE ABOVE QUESTIONS THERE ARE SOME POINTS THAT MAKE THE FIRM SURVIVE IN THE MARKET. THOSE POINTS ARE: - EXPECTATIONS OF A CONSUMER - IMPROVING THE PRODUCT - BUILDING AN ECOSYSTEM - NEW ORGANIZATIONAL STRATEGIES BY ESAD SALIHOVIC
  • 7. EXPECTATIONS OF A CONSUMER: THE PEOPLE ARE AWARE OF THE NEW TECHNOLOGY SO TO IMPRESS THE DIGITALLY EMPOWERED CUSTOMERS IT IS VERY IMPORTANT TO DESIGN A PRODUCT ACCORDING TO THE EXPECTATION OF THE CONSUMER. THEIR MAIN AIM IS TO PROVIDE THE BEST PRODUCT AT AN AFFORDABLE PRICE SO THAT THEY CAN SURVIVE IN THE MARKET. FOR THE EASINESS OF THE CONSUMER THE COMPANY PROVIDES CUSTOMER SERVICES TO THEIR BUYERS SO THAT THEY CAN APPROACH THEM IF THEY FACE ANY DIFFICULTY IN USING THE PRODUCT. BY ESAD SALIHOVIC
  • 8. IMPROVING THE PRODUCT: TO SURVIVE IN THE MARKET IT IS VERY IMPORTANT TO UPGRADE THE PRODUCT ACCORDING TO THE NEED AND REQUIREMENT OF THE SOCIETY. LIKE DIFFERENT COMPANIES ARE OFFERING DIFFERENT ELEVATORS AND ESCALATORS WITH DIFFERENT FACILITIES BUT TO ATTRACT THE CONSUMER SCHINDLER’S OFFER A UNIQUE FACILITY IN ELEVATORS AND ESCALATORS THAT COLLECT SENSOR DATA, WHICH SEND THE INFORMATION TO THE COMPANY AND THE DATA IS ANALYZED SO TO GENERATE THE MAINTENANCE NOTIFICATION BEFORE ANY BREAKAGE THIS WILL MAKE THE CONSUMER FEEL SAFE AND HAPPY. BY ESAD SALIHOVIC
  • 9. BUILDING AN ECOSYSTEM: COMPANIES SHOULD BECOME MORE INVENTIVE, SO TO COMPETE IN THIS ENVIRONMENT. SUCCESSFUL COMPANIES ARE BUILDING AN ECOSYSTEM WITH DIFFERENT DIGITAL NETWORKS SO TO PROMOTE THEIR PRODUCT AND TO INTRODUCE THEIR NEW INVENTIONS. BY ESAD SALIHOVIC
  • 10. NEW ORGANIZATIONAL STRATEGIES: THE LEADER OF THE COMPANY IS RESPONSIBLE FOR RETHINKING ABOUT THE STRUCTURE OF THE PRODUCT AND HOW TO DEAL WITH THE NEW MARKET ENVIRONMENT. IT IS SAID THAT THE STRATEGIES DEVELOPED IN THE 90’S WILL NOT WORK IN THIS CENTURY DUE TO THE CHANGING ENVIRONMENT, NEEDS AND THE FAST-CHANGING DIGITAL ECONOMY. BY ESAD SALIHOVIC
  • 11. THE SUCCESSFUL COMPANIES ARE ALSO FOCUSING ON THE DARK SIDE OF THE TECHNOLOGY SO TO OVERCOME THESE DRAWBACKS OF THE DIGITAL ECONOMY THE COMPANIES EMPHASIZE ON CYBER SERVICES SO TO FACILITATE THE CUSTOMER AND ALSO TO SAVE HIM FROM ANY HARM. BY ESAD SALIHOVIC
  • 12. NOW, IF YOU’RE READY TO START YOUR JOURNEY IN THE DIGITAL ECONOMY OR INTERNET MARKETING WORLD, THEN CLICK HERE TO EXPLORE THE TREMENDOUS POTENTIAL THAT LIES WITHIN THIS BUSINESS WORLD. BY ESAD SALIHOVIC