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What Does The History Of E-commerce Look Like?
In 2009, the future of e-commerce looks somewhat like its past. Some say that history doesn't repeat itself, but rhymes instead. That is the general perception as the world economy works its way out of a deep recession with tools and resources that haven't been available before.
One characteristic of the latest evolution in e-commerce is the blurring of lines and boundaries between some of the Internet juggernauts. Amazon now has auctions, and eBay has stores. Google owns YouTube, and Hulu is muscling in on territory that used to belong solely to television. And there are some unique new sites that look very promising.
Spinbox, a company that converts voice mail to text, and Viagogo and Seatwave, which are entertainment event ticket exchanges, are some of the new kids that look like they'll go on to bigger things. Glasses Direct and Zenni Optical show that it is possible to successfully sell prescription eyewear over the Internet.
Some wonder if the emerging era of e-commerce will become the Dot Com Boom Version 2.0. While venture capitalists aren't sinking millions into fledgling internet startups, it no ...
... longer takes millions to get an e-commerce site going. A few thousand, or even a few hundred dollars can get a solo operation set up on the Internet to sell whatever the owner's passion is, whether it's rare books or one-of-a-kind handbags.
While it was forward-thinking for an ordinary high street business to have a website ten years ago, it's now expected that even the most traditional business will have a website. They cost little to nothing to set up, and they can add healthy amounts of revenue to a company's bottom line. If the new wave of e-commerce has learned anything from the last wave, then it is more likely to grow in healthy ways rather than rapidly expanding into another economic bubble.
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