eCommerce Website Solution
Part 1, E-Commerce:
The Backbone of Our Economy
Commerce is the backbone of our economy. Our expectation is that it will continue
to grow and prosper and as Americans we are born imprinted with entrepreneurial
rights and freedoms. We believe in the Big Dream, the globalized marketplace where
innovative ideas and boot-strap businesses can flourish. In Thomas Friedman’s book
The World is Flat he discusses the flattening of the world through the use
of technology and how it brings the world closer together creating a truly globalized
market. Understanding how this affects e-commerce is the key to longevity.
When the internet was introduced and the concept of performing electronic commerce
online became somewhat main stream, the technology sector boomed with creative ideas.
Followed shortly by billions in investments from venture capital companies and private
investors, the idea of doing business online reached a fevered pitch. There was,
however, one problem - too many stores and not enough customers willing to spend
dollars in this new shopping environment.
A paradigm shift had to occur in millions of people before e-commerce could become
a viable solution. Fast forward to today. It’s estimated that 86 billion dollars
is exchanged between online shoppers and e-commerce web sites. Obviously, e-commerce
is here to stay.
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