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Top 10 Businesses Killed by the Internet


it came it saw it calmed welcome to
watchmojo.com and today we’re counting
down our picks for the top 10 businesses
killed by the internet for this list
we’re taking a look at types of
businesses jobs or products that saw a
significant decline in popularity thanks
to the explosion of the information
superhighway number 10 the stock broker
as will be a common thread on this list
the online route gained ground by being
quicker and easier trading over the web
became an option for the buy low sell
high set in late 1994 before then
would-be investors would have to call a
guy who would call a guy and well you’ve
seen Wall Street while some sites have
simply replaced the phone call many
allow the user to tap into the exchange
directly greed may be good but pointing
and clicking is even better number 9 the
Encyclopedia here’s the problem the
internet updates daily books not so much
and let’s face it you’re not going to
learn about twerking from funk and
Wagnalls in the new millennium wikipedia
bloomed and google it became a phrase
while encyclopedia sales dropped in 2012
the printed encyclopedia britannica was
officially declared dead making the 32
volume and 129 pound 2010 edition it’s
last it wasn’t just paper knowledge that
fell to the wiki either as Microsoft’s
cd-rom based in Carta control-alt-delete
ydynt 2009 number 8 the travel agent
although an agent likely knows sydney
nova scotia from sydney australia the
travel company industry has been
declining since the late 90s with the
rise of popular and reliable travel
sites throughout the 2000s most would-be
vacationers now go to the web rather
than the agent airlines have also cut
out the middle person opting to market
and sell directly to flyers with cheaper
fees for customers and fewer commissions
for airlines travel sites certainly
aren’t going anywhere
number seven the fax machine while there
are still a few kicking around in the
business world for everyday people when
the internet came the fax machine went
although useful in its time the adoption
of email attachments and high-resolution
scanning meant a sharp decline in fax
usage email had the advantage of not
only being faster but it also did not
have to be printed to be read number six
the video store it’s not just the
mom-and-pop shops here even the big boys
have gone the way of the Betamax
industry leader blockbuster for example
had 9000 locations in 2004 by 2013 they
were down to just 300 corporate owned
stores which closed for good
in January of 2014 in the end the online
competition was just too fierce iTunes
rentals might be easy and Netflix might
be awesome but let’s face it the adult
section of the Internet is way way CT ur
number 5 the phone book fingers still do
the walking but they walk straight to
the keyboard and the freshly delivered
phone book straight to the recycling bin
some American cities go even more
extreme than that in 2012 San Francisco
California actually banned the
distribution of the Yellow Pages unless
a resident specifically opts in that
move came after officials estimated that
the 1.6 million phone books previously
received in the city could equal 8 and a
half times the height of Mount Everest
number 4 the map when you can look at
your phone and see where you are
there isn’t much need to open a map and
see where you might be long gone are the
days of folded maps and road atlases in
the glove box
thanks to smartphones pretty much
everyone has satellite navigation in his
or her pocket it’s not just motorists
either even hikers and Ramblers have
given up on the pulp in favor of apps
and portable gps usage which has spawned
the activity known as geocaching number
three the record store
since the advent of both legal and
pirated music downloads the record store
has suffered severely though 2011 saw
digital music sales increased by almost
10 percent around the world physical
sales are projected to decline by more
than 75 percent by 2016
while shops still have their followers
the selection and immediacy of online
music sources like iTunes Amazon and
YouTube make the fight extremely
lopsided
even though vinyl has made a comeback in
recent years record stores still appear
to be on life support despite record
store day being an annual event since
2008
number two the paper while newspapers
and magazines are not officially dead
life as they once knew it is over after
a decade of growth the internet overtook
the traditional newspaper as a go-to
news source late in the naughties in the
first half of 2009 over 100 newspapers
closed in the US alone online
advertising continues to grow showing
that where readers go ad dollars follow
the paper may still lead in yard sale
notices and Family Circus cartoons but
for Breaking and real time news the
Internet is king before we unveil our
top pick here are a few honorable
mentions
number one the mail it’s called snail
mail for a reason which sounds easier
click a button and have your message
sent instantly or by a pen paper an
envelope stamp get writers cramp a
mouthful of glue and wait for days
sure handwritten notes are more personal
and even junk mail is nicer than spam
but its speed convenience and price puts
email well ahead of its paper competitor
all of which has caused postal systems
worldwide to see layoffs price increases
and the elimination of services do you
agree with our list what’s your favorite
business to be killed by the Internet
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