What is the Internet economy?
Internet economy includes all business and trade carried out through and inside the Internet infrastructure. In a relatively short period of time, it has become the main basic part of the global economy. Since the first DOT-COM trade, it was born in 1985, the Internet economy has triggered more than 80 million new DOT-com and created a whole new way of doing business around the world. With information that moves around the world so quickly, the way consumers and companies develop. In most developed nations, almost every business has an online identity at a very minimum, even if it does not actually sell products online. This has not only made it possible for consumers to become more knowledgeable, but also to allow businesses to reach a wider range of potential customers than ever before. Most of the Internet economy consists of companies selling goods or services to other businesses. In 2007 it was estimated that consumers who buy from businesses were less than 15 forCent of the Internet economy.
Unlike the traditional economy, the digital economy has transformed the way of operation of businesses. This applies in terms of distribution costs, communication, market segmentation and price. Electronic Commerce has not only grown on the global market, but has fundamentally changed how businesses are riding and selling their products and how consumers buy and online access services. The Internet economy provides new platforms for ESS business, but also brings concern about privacy, reliability and access. As the Internet economy continues to grow, new concerns and challenges are likely to arise.
The Internet will become essential in a short time for the global economy. More than 1 billion people around the world use it, both at work and in their social life; There are more than 6.7 billion people on Earth, which means there are still a relatively limited number of people participating in the Internet economyy. However, this number is growing rapidly, especially in China. With increasing access to the Internet from mobile devices, there are likely to appear even more opportunities to grow in electronic business.