May 1, 2009

The Internet is Under Hyped

One of the things I try to do in order to keep my business movement and development viable is watch what the big boys are doing. How they’re doing. What changes they’re making. So on and so forth..

When a business can report growth in an economy where people are constantly losing jobs, they must be doing something right..

The Future Of E-Commerce – Forbes.com

PayPal, however, continued to perform well, increasing the number of registered users by 22% to nearly 73.1 million. PayPal is now also being used by third party e-commerce sites, like Sears, and continues to enjoy a near monopoly in the segment.

Check out that article and you’ll see the other movers & shakers bucking for position; but, I point out PayPal because of how they’ve systematically moved into a position of monopoly. And they’ll probably stay there in that position.

And they didn’t do it by tricking people or doing anything dirty & manipulative. PayPal is in the position they are because of their business model and how well they’ve adjusted to the constant changes of the Internet since 1999.

Now there’s a company you can model your business strategies behind.

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