Archive for November 9th, 2007

Forbes List of Ten Markets Transformed By The Net

Friday, November 9th, 2007

Everything is easier to sell online. Everyone is easier to sell online. The Net has turned nearly every business into a global business and every customer into a global consumer writes Michael Maiello in this recent Forbes article.

Here’s the Forbes list of industries transformed:

  • Accounting and Taxes — IRS loves it because tax returns don’t get lost in the mail or trampled in warehouses.
  • Collectibles — You can find anything on Ebay.
  • Fine Arts — Take your time and have it shipped.
  • Media — Google, Yahoo!, MSN and Doubleclick have changed advertising forever.
  • Political Donations — The Net has brought the small contributor into the fold.
  • Real Estate — A home buyer can verify every broker’s claims.
  • Retail — Comparison shopping no longer means trips to multiple stores.
  • Software — No longer requires installation.
  • Stocks — The stock market has been democratized by the Internet.
  • Travel — Prospective travelers have the same information that previously, only travel agents had.

I think I would add music and banking. I can’t remember the last time I bought a CD or actually went to the bank.