Explain the role and support of E-Commerce in the following businesses i. Real estate business ii. Insurance sector iii. Jobs and employment sites iv. Travel Suggest strategies for existing business to migrate to online business.

Real estate business:

• E-commerce is an important technique method in real estate business development. The area within the city and off-site the city can share real estate resources information. To set up the information communication channels directly among real estate management agencies, developers, and investors.
• The information communication channels play market media role, and make the product sales and service more professional. The rules, such as the real estate corporations' information release, the two corporations sign the contract and collect amounts, registration, permit issuance, and so on, will greatly simplify through real estate e-commerce system, and shorten the business cycle, so that the working efficiency greatly improved.
• Real estate companies must improve their information systems to track customers, and offer e-commerce mode of Business to Consumer services to the community, so that they can conduct more effective and attentive customer management.
• Real estate enterprises realize information and works connected with e-government office docking and improve work efficiency for by using e-commerce. When the real estate enterprises develop projects, they relate to many departments of land, water, electricity, environmental protection, green, safety, road, ect. The developing processes are more complicated. With the trends of the government's active implementation
• Using e-commerce in real estate complies with the consumer psychology of business forms. Property has some characters as a special commodity, such as the locating fixity, the durable use, long product development cycle, non-continuous production, and the long waiting time of the cash proceeds. Real estate consumers choose goods carefully. Information available releases on web in text, pictures, video and other forms. Consumers select to rent or buy a houses by inquiring through the Internet, browse. Real estate e-commerce plays a unique role in real estates market.

Insurance sector:

• Safety: There is no risk of loss or damage of a policy as may happen with paper policies; the electronic form ensures that the policies are in safe custody and can be easily accessed when needed.
• Convenience: All insurance policies, be it life, pension, health or general, can be electronically held under a single e-insurance Account.This means all details of all policies are available in a single account (place). The details of any of the policies can be accessed at any time by logging on to the online portal of Insurance Repository. Premium for all the policies can be paid online and many service requests or complaints can be logged at this website.
• Single Point of Service: All service requests in respect of e-insurance Accountor any of the electronic policies held under the e IA can be submitted at any of the Insurance Repository service points - there is no need to go to the offices of individual insurance companies for service. d. Less Paper work: When you want to buy a new electronic insurance policy under an existing e IA, you don't need to go through KYC verification all over again, if there are no changes to your KYC details already recorded in your e-insurance Account. Further, if you want to make any changes to your personal details like address or contact no, it is enough to change the details in your e-insurance Accountwith the Insurance Repository by submitting a single request - the Insurance Repository, in turn, will inform all the insurance companies with whom you hold electronic policies, about the changes.

Jobs and employment sites:

1. Efficiency:

   Online recruiting offers a variety of tools including pre-employment screening, personality assessments and testing to screen candidates to allow you to select qualified candidates who match your organization's values and culture with minimal human interaction. Many recruiting software packages offer a variety of these services that you can customize to meet your organization's specific needs for each job.

2. Audience

   Online recruiting reaches a much larger or more targeted audience than other methods do. Along with reaching job seekers anywhere, you can attract candidates with very specific skills. Some Internet job boards are targeted for niche industries. Also, many professional associations allow employers to post job openings on their websites. This not only allows employers to find candidates with very specific skills, it can also attract passive candidates who may not be looking for employment.

3. Cost

   For most businesses, recruiting costs are among the highest expenses. Recruiting not only involves the actual costs of hiring a candidate, but training and retention costs too. Each employee is required to receive training and orientation and a time frame to learn the aspects of his job. This is considered an investment for many employers. If an employee leaves the organization before those costs pay off, the recruiting process begins again, which is recorded as a financial loss. Properly administering online recruitment and selection procedures can drastically reduce costs and increase employee retention, which is a better return on investment. Online recruiting involves less human interaction, reaches a much broader audience, files records electronically and provides selection tools electronically. This reduces the cost for storage, as well as the cost of employees required to maintain and administer recruitment and selection procedures.

Travel Suggest strategies:

1. Boost your Sales — User-selected travel arrangements, paid for by credit card, without talking to an agent - once only a distant possibility, online booking is rapidly becoming the preferred practice. Visitors to your web site can have immediate and easy access to a full array of travel products and services. flexible, scalable products can be integrated into your existing web site to streamline the buying process. Your customers will appreciate the convenience, and they will be more satisfied - which translates to new revenue streams and greater future growth for you.

2. Reduce your Costs — By automating your different customer servicing processes, you will be able to handle the same amount of transactions, or more, at a much lower cost. Moreover you will also gain significant control over your margins and pricing strategy. The cost of advertising your special and current offerings will be cut dramatically by using new CRM tools.

3. Increase your Productivity and Profitability —Closing sales and servicing customers will be dramatically easier with your new web site. Gone will be the days of merely booking requests. Instead of requests you will receive completed reservations. The many complex rules and contract requirements have been built into our E-travel products. The intricate task of looking up information to be sure that you are in compliance is eliminated in most cases. Clerical errors through human handling disappear, and time spent on frivolous inquiries can be recovered and applied to more productive purposes.

4. Improve Customer Satisfaction and Build Repeat Business — Your site will be available 24/7, providing visitors with all of the information and capability they need to complete their travel arrangements and make their payments. The instantaneous response to your prospective and existing customers adds convenience. All of the choices that are available are immediately apparent to your customers, which prompts up-selling.