Wednesday, 11 September 2013

Increased business opportunities

The internet, nowadays, can lead to massive opportunities for big and small businesses. Many large businesses advertise their products online as it reaches their target market in larger populations; which in turn; increases their turnover each year, which means they can expand even further.

Many businesses big and small also advertise on social network sites to reach the younger generation. Many businesses use Facebook, Twitter, and My space to attract their customers. However, the internet has become so widely used that many businesses now have too much competition on the internet so smaller businesses avoid this as it wastes less of their income and turnover each year. The internet creates a greater economy nowadays, with many people each day discovering and linking new ideas and concepts together. An example of increased business opportunities is online gaming. Many online companies are free to use; this is a result of advertisement on their webpage. An example of an online gaming website is http://www.addictinggames.com. 

One the main advantages of increased business opportunities is advertising. Using your own website or an advertising website increases the chance of more custom. Trading in a remote location can often mean that you have decrease your chances of custom, so, advertising on a website or with posters around the town can enhance your business opportunities greatly.
In society, increased business opportunities are vital to ensure that you make the most out of your company.
Increasing business opportunities also affects the rest of the country as more businesses create better trading and therefore boost the economy. 

Overall, many websites nowadays have advertisements which create a major impact on each products market. Further more, businesses, both big and small will benefit from this increased business opportunity immensely, and this will be a great contribution to the economy.

3 comments:

  1. I agree with this. Social networking sites are a great way for businesses to increase their opportunities.

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  2. I agree with this post as the internet is a great opportunity for all businesses big or small. Also its a great way to advertise their companies.

    ReplyDelete
  3. I agree with this post as the internet is a great opportunity for all businesses big or small. Also its a great way to advertise their companies.

    ReplyDelete