Internet Organisations

April 11th, 2010

In the current economic situation working from home doesn’t seem to be something that anybody would turn their hand to for extra money. This is not unsupported, the object of people’s worries manifesting itself in more than the uncertainty of a regular wage or the disgrace attached with being a “lay about”. There are a lot of reasons why taking the step towards being able to Work From Home is scary and many people feel that these fears are greater than the rewards that might possibly come from being able to Work From Home. This is why people don’t choose to start home businesses and don’t feel they have the “je ne sais quoi” to even consider finding a niche and creating a business for their ideas. This however has not stopped already set up internet businesses from flourishing and keeping their regular customers loyal. So when did the detriments to starting a home business start to overshadow the merits? I believe it was when the country went into recession. Or in reality the moment the country accepted it was in a recession.

Up until Britain had admitted it was in a recession the merits to working at home had still appeared to be more important for people to think of than the detriments. This is why the Internet Business flourished and why new internet companies were still starting regularly. In the current economic climate the Internet Business has been hit hard, causing not only a drop in the number of people buying from them but also causing a drop in the number of people willing to set up internet or home businesses. This could be due to the fact that buying over the web is often seen as a less reliable way of buying products due to essentials out of the buyers control i.e. items getting lost or spoiled in the post, unreliable sellers not dispatching products or products being in some way different to their write up or image. This does not sound good for the internet market and whilst the internet market has not utterly “collapsed” it has still felt the repercussions of the downturn and the current economic situation.

The downturn in the economic situationclimate has not, however, massively affected the Online Jobs market. This is because there are still people out therewishing to begin and run internet companies and whilst this number has fallen, people who are still setting up such firms are more willing to take on somebody to help run the business, hopefully to help eradicate the loss of customers and cash flow into the business. This means that at this time online jobs are an important part of the internet business and whilst internet businesses might not be doing exceptionally well online jobs are possibly a more credible option to starting an internet business, and might even provide the same experience or similar experience useful when starting of an internet business occurs (if it does in the future).

To finish, can an internet business be viable and lucrative in the current economic climate? Basically, I don’t think so. Internet companies rely on the loyalty of customers and the knowledge that customers are going to be using the business on a regular basis, giving the owner with a steady and stable income. In the current economic climate this does not happen, customers are happier use more “safe” methods of purchasing products. This is not to say, however, that the economic situation has affected the internet business so much so that it has, or will, collapse.

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