Since the invention of the internet in 1990, businesses have found a new cheaper way to reach the consumer - online. For example, Amazon is an entirely online shopping experience.
Small businesses are now able to set up and sell virtually anything online due to websites such as eBay, Etsy, and ebid.
New technology advancements in virtual reality means there are lots of new products in the gaming market.
Possible advancements in robots in the future means dozens of the new products can be invented
Businesses can use social media to find out what consumers want and need so that they can produce products and services to meet those wants and needs.
Comments
No comments have yet been made