The Internet Revolution Essay - 1599 Words

The Internet Revolution Now, with the click of a button, consumers are buying just about anything imaginable, and all from the convenience of the internet. People no longer have to leave their homes, work or where ever there is internet access to make important purchases. Technology has advanced so that companies are conducting business around the world with out ever meeting. No longer do consumers or businessmen have to shake to complete a deal or a sale, but merely click down on the mouse and the numbers change. Some internet companies have never seen their customers and yet some traditional retailers have not yet acknowledged the internet. However, convergence is the new religion (The Real#8230;; 53).; Big companies are†¦show more content†¦Aminifard and his company is alert for. If companies know how to detect fraudulent transactions, then they can obviously avoid them. With a few clues, you can pretty much guess (with 90% certainty) that an order is going to be fraudulent (Swisher R-22).; Comp anies want to avoid these transactions because they are left with the credit card bill in the end. There is obvious security in the internet and that is one reason companies continue to expand and people continue to buy. Companies are joining the internet revolution and for good reasons, if they dont their competitors will. The internet is the great equalizer. It can make small companies seem like large companies and#8230;large companies take care, for the formerly minor competitor may take your business (Goodman 112).; The internet is saving time and money. British Telecommunications will save a billion dollars next year by sourcing exclusively through the internet (Goodman 112).; Companies like Sears, the nations leading seller of appliances, need not to spend money on establishing a delivery system when they begin selling more products online because one is already established (Coleman A-4). The internet can save consumers time and effort as well because they can research the product before they phone in the order or go to the store. Companies are making purchases a lot more accessible. Investment companies such as Merrill Lynch, Ameritrade, E-trade and Charles Schwab all give detailedShow MoreRelatedThe Internet Revolution1717 Words   |  7 PagesThe Internet Revolution Now, with the click of a button, consumers are buying just about anything imaginable, and all from the convenience of the internet. People no longer have to leave their homes, work or where ever there is internet access to make important purchases. Technology has advanced so that companies are conducting business around the world with out ever meeting. No longer do consumers or businessmen have to shake to complete a deal or a sale, but merely click down on the mouseRead MoreThe Cultural Revolution Of The Internet1112 Words   |  5 PagesThis media study will define the cultural revolution of the Internet and the interpersonal democratization of new media in the 21st century. The expansion of the Internet in the 2000s defines a new era of greater democratization of social interactions that were not possible through the use of the TV and Radio. In the 20th century, the power of TV and Radio did not provide an interactive platform in which people could share information in a democratic way. 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