Consequences Of The Internet To The Business

Introduction

The internet has come up with a lot of changes to the operation of several companies and their conduct to customers in the market. Several changes will undoubtedly simplify some of the operations and lead to transparency in the enterprise and customer expectations. Unlikely, similar changes can also result in a negative view, with several impacts ranging from damage to a specified firm to the whole sectors of such retail being pushed out of business operations by the upcoming efficient online competition. Many companies are competing in the market through the Internet without counting the negative impact.

Negative Impacts Of The Internet On The Company

Competition: through the Internet, the selling and buying costs are reduced because retailers market their commodities online, which is very competitive. Transportation fees are reduced. Hence, customers can access and identify items on the market for purchase online. This results in loss of revenues, pushing unable firms out of business entirely.

Impersonality: when using the internet, face-to-face communication is disabled. Thereby, many companies are faceless, uncaring and impersonal to their customers. Similarly, communication of the employees to their hires and co-workers using emails may demoralize them and become unproductive to the firm.

Security: The failure of electricity may lead to the failure of the internet; hence, potential customers and retailers will not hire workers properly. For example, if the customers are making orders online, then power fails, and the client will not make it. Therefore, the client is not assured and secure about the equities paid for orders.

Conclusion

Customers and companies should employ face-to-face contact to overcome the impact of the Internet. Record keeping traditionally reduces such accusations. Also, manufacturers should be in a high tip to meet their clients in the market to increase assurance of the customers the persons they were with.