The Internet: The Pros And Cons For Your Business
The internet. Since it first launched its virtual head back in the early 90s, many of us have been gripped with the possibilities that it can afford us.
Connecting with old school friends? Check.
Receiving regular updates on global events? Check.
Watching funny cat videos? Erm…check.
For these reasons and so much more, there is much to love about the internet. And this is especially true in business, as there is much scope for growth potential when you use the services available to you online. Still, you do need to be mindful. The internet can also bring about the downfall of your business.
Here then, are the pros and cons of the internet for your business.
#1: The marketing potential is huge
Traditional marketing methods aren’t dead by any means, but digital marketing is definitely the way to go for any business trying to stay relevant in society today. You can engage with new and potential customers through social media marketing. With the help of an SEO company, you can be the first business your customers find when Googling local businesses. You can promote your business on free listing sites. And you can research new marketing methods quickly and easily. For any business not online, financial troubles will surely follow.
#2: You can research anything
We just alluded to this, but there is so much you can research. So, you might visit the websites of your competitors in an effort to outsmart them. You can research consumer trends, and then tailor your business to stay in line with them. And you can look for advice on all kinds of subjects that are relevant to the every day running of your business, such as how to manage your finances, or advice on managing a staff team. Thanks to Google (other search engines are available), you can research absolutely anything!
#3: Downloads make light work of your business tasks
There is a downloadable app and software program for nearly every aspect of your business. So, if you’re short-staffed, or if you are hesitant about outsourcing every task pertaining to your business needs, there is bound to be something you can find online to help you. Check out some of 2019’s best apps, for a few prominent examples. And not only do they make light work of your business tasks, but because they are mobile-friendly, you can also work from almost anywhere.
#1: The internet is a distraction
Facebook is great for marketing purposes, but it’s not so great when you’re tempted to see what your friends have been posting. And those cat videos are hilarious to watch, but you shouldn’t get drawn into them when you have a meeting to prepare for. Our advice is this. Use a website blocker on those sites that tempt you, as not only will you struggle to get work done otherwise, but you might fail to bring in a profit to grow your business.
#2: Cybersecurity issues
You’re not the only one spending time online. Sadly, there are people out there looking to bring down your business, perhaps by blackmailing you through ransomware, or by stealing the financial information pertaining to your customers. If your business gets hacked, it could be the beginning of the end. So, check out our cybersecurity advice and do what is necessary to safeguard your business.
We haven’t covered every pro and con here, but we hope you get our point. The internet could be your greatest asset, or it could be your biggest obstacle to success. So, be mindful when you’re online, and be sure to heed some of the points we made for the betterment of your business.