It seems like almost every product I consume is made by a business with web presence. So is it crucial to be present in the world wide web for businesses, in order to be effectively competitive in today's tech savvy, internet addicted society?
What if you're not on the web?
- Are you considered
less relevant and
less innovative perhaps?
- Are you
operating less efficiently than competitors that do have web presence?
- Are you missing out on
invaluable branding/advertising opportunities?
- Are you missing out on business with a
global market?
I'd answer 'yes' to these questions in most cases (check out these
20 reasons for web presence). Whether it's a commercial or industrial business, I feel it is important to have some form of effective web presence in order to compete well, especially in the long run. I also think innovation, whether its product, process, organisational or marketing innovation, is a big key to success in today's global business environment and I think web presence may be an enabler of innovation.
According to an Australian Bureau of Statistics
report, the higher the intensity of Informations and Communications Technology (ICT), in particular web presence, the higher the likelihood of a firm being an innovator.
Although the report doesn't necessarily talk about consumer perceptions, do you think we could assume that businesses with higher web presence are more likely to be perceived as more innovative?
I've heard of some arguments that web presence is not necessary for business success and some business choose to focus resources on their physical product and operation offline, but it seems the benefits of being online significantly outweigh those of having no web presence. Even more than that, I feel it's too risky for businesses to operate without it if competitors do strategise with web presence.
What do you think?