Results 1 to 8 of 8

Thread: The E-Biz Surprise

  1. #1
    Administrator Chris's Avatar
    Join Date
    Feb 2003
    Location
    East Lansing, MI USA
    Posts
    7,051

    The E-Biz Surprise

    http://aol.businessweek.com/magazine...9/b3832601.htm

    "It wasn't all hype. For companies as well as consumers, e-commerce is hotter than ever"
    Last edited by Chris; 05-04-2003 at 10:07 AM.
    Chris Beasley - My Guide to Building a Successful Website[size=1]
    Content Sites: ABCDFGHIJKLMNOP|Forums: ABCD EF|Ecommerce: Swords Knives

  2. #2
    Registered beley's Avatar
    Join Date
    May 2003
    Location
    Georgia, USA
    Posts
    30
    Great article. It's true... e-commerce is making a comeback in a strong way. Our sales have never been higher - we keep growing in this tough economic time. I can't imagine what will come when the economy turns around. It's definately a good time to get in while the big guys are worried and cutting their advertising budgets...
    Brandon Eley

  3. #3
    Administrator Chris's Avatar
    Join Date
    Feb 2003
    Location
    East Lansing, MI USA
    Posts
    7,051
    I've always said that ecommerce never died.

    The bubble that burst wasn't ecommerce, Amazon and Ebay never faltered. The bubble that burst was for service sites that had no business plan.

    Ecommerce has never stopped growing.
    Chris Beasley - My Guide to Building a Successful Website[size=1]
    Content Sites: ABCDFGHIJKLMNOP|Forums: ABCD EF|Ecommerce: Swords Knives

  4. #4
    Registered
    Join Date
    May 2003
    Location
    Southern California, USA
    Posts
    46
    I would like to know any reliable wholesale sources that you know. I may sell something in the future, but not sure what to sell. .

    BTW, I think this young forums will be successful forums.

    Thanks,
    John

  5. #5
    Trench Warfare
    Join Date
    May 2003
    Location
    Australia
    Posts
    813
    Originally posted by beley
    I can't imagine what will come when the economy turns around. It's definately a good time to get in while the big guys are worried and cutting their advertising budgets...
    Yep. I am preparing for the next boom in the economy. This downturn has bottomed out in my opinion. eCommerce is becoming a mainstream activity and we are set to benefit

    cheers...
    ________
    Mercedes-Benz M119 engine
    Last edited by ozgression; 02-06-2011 at 04:52 AM.

  6. #6
    Registered Member incka's Avatar
    Join Date
    Aug 2003
    Location
    Wakefield, UK, EU
    Posts
    3,801
    It was stupid sites that spend millions on TV ads that failed.

    Amazon is in good profits now.

  7. #7
    Registered
    Join Date
    Sep 2003
    Posts
    72
    InterActiveCorp (Expedia, Match.com, etc.) is a huge corporation.

  8. #8
    Senior Member chromate's Avatar
    Join Date
    Aug 2003
    Location
    UK
    Posts
    2,348
    I think the bubble did burst. Well and truly, in fact. However, I think it was people's expectations that caused the collapse. Instead of letting ecommerce grow and mature as an industry, people (investors in particular) expected it to be an instant success. So much money was thrown in and the infrastructure just wasn't there to support it. That's when the "bubble" burst and it did take a lot of ecommerce sites with it.

    After that, people woke up and their expectations became more realistic. The industry re-built itself in a more considered fashion. It's growing at a considerable rate, but I think we're still a little way off the peak just yet. Conversion rates are still very low comparatively and I think these will increase as people begin to trust buying online.
    Last edited by chromate; 12-14-2003 at 05:00 PM.

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •