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What are the range of services that can be developed online?
Financial services
Retail
Education
News
Entertainment
Productivity
Booking systems
What are the advantages and disadvantages of financial services being online?
Adv:
Can be done 24 /7
Can be done remotely
Better range of offers
Dis:
Security concetns
Must have technology that can access the system
Lack of understanding
What are the advantages and disadvantages of education being online?
Adv:
Wider range of courses
People can learn in their own time
Dis:
Many online courses are not accredited
Must be motivated to ocmpleye the courses
What are the advantages and disadvantages of news and information being online?
Adv:
Easier to stay up to date
Easier to plan events
Dis:
Difficult to identify real or fake news
What are the advantages and disadvantages of entertainment being online?
Adv:
Huge variety of entertainment
Offline gaming
Streaming services
Dis:
Can access inappropriate content
Distraction from physical lide
What are the advantages and disadvantages of targeted marketing being online?
Adv:
Web pages can be customised to show relevant items to previous purchases
Social media sites can be used for advertising
Dis:
Impulse purchases
Privacy concerns
What are the advantages and disadvantages of stock control being online?
Adv:
Accurately records stock levels
Less stock needs to be held
Dis:
Doesn’t account for theft
What are the advantages and disadvantages of booking systems being online?
Adv:
Can easily compare prices
Less admin staff required
Convenient
Dis:
Potential for bank fraud
May not be legitimate
Will need technical understanding
What are the advantages and disadvantages of advertising being online?
Adv:
Can advertise directly to a target audience
Can reach larger audiences
Dis :
Spam emails
Impulse purchases
What are the advantages and disadvantages of security being online?
Adv:
Less physical staff required
Businesses/ homes are more secure
Dis:
Privacy concerns
False sense of security

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