Effects of Internet on Business Essay

* The Internet Revolution Ten years ago there were some people who thought the Internet was a fad. Those days are definitely over. People who resisted the rise of technology have long been left in the dust in order to make way for the rise of a more advanced populace. These are the people who understood the power of the Internet and how it could take their businesses to a whole new level. From Local to Global * Global Business The mom and pop shop down the street is now getting customers from all over the world. This is one way the Internet effects businesses. When a company sets up a website and markets it properly, suddenly it is opening up a massive consumer base and the possibilities are endless. With the click of a button, they are able to network around the world. The downside of this is that suddenly business becomes much more competitive. It can take time and money to ensure the company is at the top of the list when someone does a Google search on a product. Yet with a little elbow grease and know-how, the Internet can be a phenomenal resource. Working Remotely * Work from Anywhere How many times have you heard someone brag about the fact that he went to work in his bunny slippers? Before the Internet, this did not happen. There are a number of careers now that require only a computer, WiFi and an Internet connection for the worker to be up and running. More than anything, the bunny-slippers phenomenon effects businesses that are sole proprietors. However, there are virtual headhunters that broker out these telecommuters and succeed in big business for themselves. Educated Consumers * Educated Consumers Now a potential buyer isn’t at the mercy of a salesperson. Many big name retailers give bonuses to their sales people for selling certain items each month. A customer may not necessarily get the product that fits his or her needs. Now, if someone is looking for a computer, new car or kitchen appliance, there are many websites that offer free customer service and expert reviews on products. Virtual Retailers * Virtual Business There are many business that now operate solely from the Internet. Take Amazon, for example. A consumer can type into the Amazon search engine just about anything he wants, and within seconds it is right at his fingertips. Further, when he buys the item and has it shipped to him, he can track it every step of the way. If something is being shipped FedEx, a tracking number is all a customer needs to find out what city his package is in, whether it’s in the truck or at the hub, and what time it will arrive at his door. Endless Possibilities * The Sky is the Limit Overall, the Internet has had a positive effect on business. It has opened up doors for people and businesses across the globe and has made people worldwide understand that now the sky’s the limit.