Paper To Plastic; A History Of Industries Moving Online

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    Jan 12, 2023, 11:15 am1.5k ptsInteresting

    The concept of digital transformation is quite real, and it's hitting our society harder and harder each passing day as we see multiple industries shift their business online.

    Online Casinos

    Naturally, internet casinos take the top spot on our list. Playing at an online casino, such as those that can be found on the list of WV online casinos, comes with a plethora of benefits and perks over its land-based counterparts, so the major shift was bound to happen eventually. There is no longer a need for extensive travel since you are able to place bets without leaving the convenience of your own home. In addition, there is no requirement for formal attire, so you are free to play while wearing your comfy jammies. Would you rather gamble while on the move? You are free to play the game from any location at any time so long as you have a portable device and a reliable connection to the internet.

    The disadvantages of visiting a land-based casino can't be ignored. During peak hours, it's not uncommon for the tables to get completely full, and some casinos even limit the hours they're open. One of the most significant drawbacks associated with land-based gambling is the fact that traditional slot machines almost always offer a lower RTP (Return to Player) percentage than their digital equivalents do. This is due to the fact that the casino is required to pay rent on each machine. As a result, casinos frequently reduce the RTP of their games in order to offset some of these costs. In contrast, online casinos regularly provide players with free spins and generous bonuses in order to attract and retain customers.

    Real Estate

    Real estate brokers have been utilising virtual tours to market properties ever since shelter-in-place orders were implemented, and even bigger firms have moved online. However, that's not all. Fintech (financial technology) investors have their sights set on a prize that would let purchasers claim ownership almost immediately after transferring funds. A solution to the issue of drawn-out real estate contract exchanges is considered to have potential benefits of around $100 billion.

    Many of the time-consuming chores that real estate agents perform are being pushed to become automated by ambitious "proptech" businesses. In the same way that fintech revolutionised the way we transfer money and make payments, they too want to improve the way we purchase property.

    Advertising and Promoting Businesses

    Traditional forms of advertising have seen a fall in value and popularity as a result of the increasing number of enterprises that are relocating and developing online. These older forms of advertising mostly include television, radio, billboard, and magazine advertisements.

    The use of sponsored media, search engine optimization, and social media campaigns such as instagram-influencer marketing are examples of online and digital advertising approaches that have benefited from this development. As conventional advertising's distribution and consumption continue to fall, one of the biggest concerns for traditional marketers is whether or not their audience will ever return to them.


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