The Internet: An Opportunity for Businesses Worldwide
Amazon, the most popular book store on the Net, provides more than 1 billion books and discounts best sellers up to 30 percent. Amazon founder Jeff Bezos has authors post comments about their books, and readers are encouraged to post reviews. Customers also fill out a profile and are alerted by e-mail of books about favorite subjects or authors. Sales have increased 34 percent a month and 44 percent from repeat customers. Bezos said annual sales are estimated at $17 million (Gongora) One thing that made Amazon possible? The Internet, and businesses worldwide are taking advantage of the benefits that it can offer. The Internet has had rapid growth in the past twenty years, an increasing number of businesses are starting to offer products and services online. Doing business online promotes products to be sold all around the world and communication can be easier than traditional postal mail. Doing business online can be more convenient for consumers. Companies have turned to the Internet to assist them in broadening their horizons and to maximize profits.
The Internet is being used to assist million of people in the selling and purchasing of items daily. Although estimating the number of people using the Internet is nearly impossible, Internet growth is exploding at extraordinary rates. Current estimates place the number of web users between 200 and 240 million. (Liflander)
Carvin, Andy. "Andy Carvin's Waste of Bandwidth." 31 MAR 2006. 1 Feb 2007 .
The web is becoming a global phenomenon, seventy percent of Fortune 1000 companies are doing business online, along with twenty five percent of ...