stone of today's business environment, the
barriers for a customer to defect to the competition were greater. Today,
customer service has become more important as the Internet has fostered
This shifting power to the consumer is known as the democratizing
element of the Internet and is changing the way business is conducted
today. Not only is the individual more empowered than in the past, but the
distinction between large conglomerates and small businesses is not so
Before the advent of the Internet, most businesses relied on their
physical presence to establish their dominance in the market. Today, this
bricks-and-mortar role is not as important as it once was. A business that
has a significant presence in the "real" world cannot afford to overlook
the importance of establishing a cyber-entity. This is especially true
with customers who, as mentioned above, often turn to the Internet to learn
A corollary to this idea of democratization is the benefit to smaller
companies. If the Internet empowers customers, it is having a similar
impact on small-business owners around the world. Whereas the barriers to
entry in some markets have traditionally been prohibitive for small
companies, the Internet has gone a long way to changing this. A company
that can establish itself in cyberspace has a chance at participating in a
market formally controlled by large corporations. The Internet can give a
small business a global profile, and a professional website alone can
transform a "Mom n' Pop" business into a "lean" company with a worldwide
This force of democratization relies upon some of the other functions
enabled by an Internet environment. It is no longer necessary for a
business to maintain a large, far-flung workforce when, in many cases, work
can now be outsourced and strategic alliances can be used to advance your
core business. Much of the outsourcing, an...