“Leverage the Advantages of the Net

The Internet is a vehicle that has been used to enable higher levels of communication between people, companies and countries throughout the world. It means your online business does not just have to concentrate on local markets – and almost no place is out of reach! If your business has a website, this in itself means it is accessible by the global market, and it is vital that your business take advantage of this.

Internet selling is on the rise. There are many research studies and statistics that support this statement. A study conducted by the Ipsos Reid market research firm in February 2003 concludes that in the year 1999 only 28% of worldwide Internet users purchased a product or service online, whereas this figure rose to 62% in the year 2002 and about 70% in the year 2005. And these numbers continue to climb. Nielsen/NetRatings supports this finding with its own research.

The Internet is a huge marketplace that has attracted businesses with its potential for big-time revenues. Dizzying success stories of ventures started in a basement that grew to become stock market darlings are constantly celebrated in the media. Small businesses came to the Internet, tentative at first, and then in droves - eager to sell everything from fake jewelry to handcrafted tapestries.

You can sell just about anything from soup to nuts, as long as you have a product that has a market. ”

This excerpt from “Dotcomology” leads into what businesses are succeeding on the internet which we will look at tomorrow. You can view it in chapter 2 by downloading the free eBook here:
http://www.team-schuman.com/dotcomology.html