Thursday, March 17, 2011

Going Virtual: Can It Work for Your Business?

This article talks about someone that works exclusively via the web. Can that work for a lot of businesses that have a store front currently? Many companies are now remotely operating their business in the managing of their business and the organization of the business. Some companies are even strictly just via the Internet. Amazon is a great example of a company that exclusively only sells their products online. They do however have a headquarter location physically located in Arizona. Would this work for a lot of other companies? Some companies have even began to set up their employees virtually by having them work remotely, thus saving in the physical location needed. But, I question, what will these changes do to the economy and how great of a loss of jobs will be seen with more companies moving towards these types of business organizations?


http://gigaom.com/collaboration/going-virtual-can-it-work-for-your-business/

3 comments:

  1. The web based store can be successful for some business applications, however for items you need right now it could not be efficient. Take for example the pipe breaks under the sink in your bathroom, no time to wait for the FedX truck to pull up with the part. You need the option of going to the local hardware store to secure the needed items. Another thing to consider the large number of the population that is not trained enough or comfortable shopping on the internet. Searching for information is one thing, buying products is another. Internet shopping is a great tool when you have the technical knowledge to the task. There is still something special about going to a store and trying on a new item of clothing, gives me a sense of satisfaction. Also allows me a chance to interact with other humans, something we tend to overlook as we are consumed by our phones and other devices that manage our lives.

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  2. I have to agree with Terri in that it may work for some but I am sure many businesses will have to keep somewhat of a storefront. I do feel that many current businesses could expand to the web and make more money. I think as time goes by and we move to new generations you will find consumers becoming more familiar and comfortable with shopping on the web.

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  3. I believe there is a market for both e-stores and brick and mortar stores and they both have strength and weaknesses. The e-store can provide price-points and inventory size that the physical stores cannot match but the e-store cannot offer the physical experience and immediate availability of a prodcut, UPS has its limits. The market will support both types of businesses until the customer and society completes a culture change that accepts the physical limitations of vituality. Until then, I do believe almost every company and store can benefit from some degree of web presence, the secret will be managing the balance of physical and virtual.

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