What are the top 5 advantages of the Internet for businesses?

The development and broad use of the internet have significantly changed how companies conduct business and communicate with one another around the world. The global marketplace is now more accessible than ever because to the internet’s ability to facilitate quick contacts and communication. It upended established corporate structures even as it brought about many benefits. For instance, MP3 files and later streaming platforms made compact CDs useless, streaming services supplanted movie rental companies, and the emergence of eBooks fundamentally changed the book market. The dynamics of the retail industry and supply chain have changed significantly as a result of physical merchants now facing fierce competition from online retailers.