8 Major Effects of the Internet to the Retail Industry

Written by Gemma Reeves

The rise of the internet has brought a wave of change that has washed over nearly every aspect of life. With the internet’s capabilities come new opportunities and the necessity of change. The force of the internet encourages businesses and markets to adjust.The retail industry is familiar with these changes and has experienced an evolution that expands opportunity and challenges current practices.

(1) The Internet allows sellers to have a vast inventory, which could be limited when you have a physical store.

Take for example your neighborhood bookshop. Books take up a lot of space, and so the number of titles that they could readily offer would be limited by how many they can actually display and hold in their storage. However, if you check out Amazon.com, they have thousands and thousands of titles of books and even magazines that are readily available for the customer to purchase. They could buy different editions and volumes at just a click of the mouse, and customers can even choose between receiving an actual hard copy or downloading a …

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Amazon and the Nerd Factor

Philip Roth isn’t happy with Jeff Bezos. A lot of other authors aren’t either. Going out on a limb here, but my guess is that Bezos is thrilled that such an important novelist as Roth is pissed.

Bezos has always been a courageous, bright guy. From relatively humble beginnings he went to Princeton, became a dot-com superstar fairly quickly and is now worth something like $32 billion, give or take.

He plays life as though adversity and danger don’t faze him much. He was in a helicopter crash that almost killed him, and reportedly thought, ‘This is a dumb way to die.’ In accounts of the fear-fatal accident that I’ve read, he never talks much about fear.

This bothers me.

As member of the bunch of Uber-Nerds who are pretty much running things now, Bezos is no doubt a super-achiever, but a human factor is missing. The question for me is: Can you be driven, directed, focused on world domination, and also be compassionate and feeling?

Amazon is a great platform for authors. It’s remaking the publishing industry and in …

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