- Virtual Business
A virtual business (or Internet business), is a business which operates without a corresponding physical identity and transacts entirely via the Internet.
Amazon.com is an early example of a virtual business. As anonline bookstore it delivers bookstore services without the physical store presence; efficiently connecting buyers and sellers without the overhead of a brick-and-mortar location.As Web 2.0 services have rise in popularity, many businesses have begun to use these communicative and collaborative technologies to reach their customers. With heightened security,
PCI DSS compliance regulations, and more stringent monitoring abilities, credit card transactions via the Internet are even more secure than other options such as phone or fax.Along with connecting customers with physical products, virtual businesses are starting to provide important services as well. Recently, the online delivery of professional services such as administration, design, and marketing services have risen in popularity. Such companies have refined their offerings to include services such as a Virtual Assistant, in which the person providing the service works out of his/her own office and provides services via the Internet or other technology.
Another service that has become increasingly popular is that of
virtual dating . As a more secure alternative to meeting new people, this type of service has become widely popular among not only the younger generation looking to meet new people, but among the more mature crowd, as well, in hopes of finding their perfect match. Because these services are anonymous and personalized, less time can be spent going through the process of getting to know someone with whom you have no commonalities or interests. Because these services match their members based on personality traits and common interests, they are more likely to find someone who can fulfill their current expectations; be it a good friend, or a lifetime partner.Related Links:
eharmony.com match.com References
* Tapscott, Don., & Williams, D. Anthony. (2006). Wikinomics. London England: Penguin Group. ISBN-978-1-59184-138-8
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