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How Broadband Internet has Helped Transform Online Commerce

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Many can recall seeing their first television ad that featured a company’s website information. Interestingly many business professionals poked fun at the new gimmick, the Internet. The technology was destined to fail according to the experts. Much to their embarrassment, in short time, this “gimmick” developed into a multi-billion dollar industry that has overtaken most brick and mortar businesses.

Broadband internet has allowed tech-savvy business owners to capitalize on emerging technologies, such as YouTube, streaming video, high-resolution photography, and even remote viewing, in order to develop a personal sales presence in a virtual world. Companies are learning that by making the online experience as personable as possible, they can reap many of the benefits of the face-to-face encounter while still maintaining their online commerce strategies.

Early traditional Internet technology allowed companies to develop simple, static webpages with a few simple graphics. Although informative the sites were rarely interactive and failed to provide a true commerce experience.  Current broadband technology has wiped out the old way of doing business online and replaced it with a dynamic, interactive experience. TV broadcasters now allow users to watch many television shows online in case they missed their favorite show and in the process capitalize on advertising revenue with ads placed throughout the recordings.  You can now view automobiles online from every angle and even experience an online test drive. And if that is not enough to get attention, there is the ability to customize the looks, see the delivery date, compare prices, and at times even purchase the vehicle online, and you have an experience that puts the salesperson inside the house 24 hours a day, seven days of the week. Top that off with the ability to schedule an appointment for service and you have a full-circle experience that is only possible through broadband technology.

For many businesses, broadband e-commerce is no longer simply a matter of a maybe. It is a requirement in order to remain viable in a business environment that is quickly moving away from the local store and to the Internet as a first, and often only, place of doing business.

While many traditional business have a simple website with a phone number for more information, today’s e-commerce success stories are integrating online scheduling, webinar presentations of products, blogging, podcasts, and even online representatives who can answer questions normally requiring a phone call or office visit. These success-proven strategies require the high speed and reliability that can only be achieved through broadband technology.

A typical business person’s experience may go something like this: A local hardware store desires to increase its revenue potential. One way of doing this is by reaching more potential customers. The owner has decided to develop an online store presence where the store's items can be marketed and sold outside its traditional sphere of clients. During the research process, the owner learns that by providing quality blogging, they will increase their site traffic as individuals will come to their site to learn tips and tricks for common repair and remodeling issues. Even more encouraging is the ability to use recorded videos to show common repairs, such as how to replace a lock on a door.

The owner will need the quality and reliability of a strong broadband connection. Once this has been established, the fun begins, as the owner can set up their site, online store, and blog either through a professional service or often through the use of software available on the Internet. As the owner builds up their blogging presence and YouTube presence, traffic increases and with that the ability to sell their products. 

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