Industry Impact

Industry Impact The Internet Marketing has had a broad impact on several industries including music, banking, and flea markets. In the music industry many consumers have begun buying and downloading MP3 files on the Internet instead of buying music on CD. The debate over the legality of downloading MP3s has become a concern for those in the capital of the music industry. The Internet marketing has also affected the banking industry. More and more banks are offering the ability to bank online. It is believed that online banking has been attractive to consumers because it is more convenient than visiting a bank branch. Currently more than 50 million adults in the U.S. use internet banking. Online banking is the online activity of more rapid growth. The increase in Internet connection speeds is the main reason for this growth.Of those individuals who use the Internet in the U.S., 44 carry out banking operations in the network. With the growing popularity of online auctions, the flea markets or flea markets are reeling. Unique items previously only succeeded at flea markets are being sold on Ebay.com today. Ebay.com has also affected prices in the industry. Buyers and sellers often look for prices on the website before going to the flea market and the price published on Ebay.com is often the final sale price. More and more flea market sellers are putting their articles online and running their businesses from home.

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