In late 1990's, venture capitalists were pouring money into market with new start-ups promising to transform business-to-consumer (B2C) and business-to-business (B2B) marketplaces.

The massive inflow of capital led to irrational expenditure on poorly constructed business plans. An over-investment in bandwidth, particularly fibre-optic cabling, and in new 3rd Generation (3G) mobile networks, led to a crisis in telecommunications industry with sharply reduced valuations and spectacular collapse of Global Crossing.

After dot com “bubble” burst in 2000, contrary to popular perception, Internet continued to expand rapidly. The penetration of broadband has started and is enriching Internet experience for many people. It is still only beginning. B2C and B2B business plans are now better constructed. The emphasis for B2C is marketing and customer relationships. The emphasis for B2B is to harness low cost communications and business integration opportunities of Intranets and Extranets. And yes, cost of bandwidth will continue to plummet. But, we may need to wait another year before Tablet PCs and 3G networks become significant.

Here’s to next 10 Internet years!

================================================== About Author:

Jenny Bailey has worked in Internet development for many years specializing in Web applications, Intranets and Extranets. Visit her site for more information about real Internet business solutions. http://www.discoverit.co.uk or mailto:jbailey@discoverit.co.uk.

About the Author:

How To develop your own killer product:

- One conventional technique is to organize a questionnaire/ quiz/ Survey and promote it.

- Another way is to lurk in forums related to your area of interest and find out what people are talking about. What problems they have and work out a solution.

- Yet another powerful way is to capitalize on concept of keywords. Discover what words or phrases are most frequently searched on various search engines, what information are people desperately looking for. Here are some tools to help you out: http://www.goodkeywords.com - fr*ee software to enable you get all keywords relevant to your area of interest.

http://www.wordtracker.com - You can get a fr*ee weekly report of top 500 frequently searched words on Internet.

http://inventory.overture.com/d/searchinventory/suggestion/ - Here you can check popularity/ how many searches are being made for any keyword of your choice.

Once you have short listed your search terms, use these terms on search engines yourself, visit all sites that come up and find out what is missing element that you can capitalize on.

- OK you have hit raw nerve. Now do some brain storming/ mind mapping to work out what kind of information/ software/ website is needed. You may get incredible professional assistance to develop your product from http://www.elance.com

Now here are some insider tips for you to get your creative juices flowing:

-All newbies on net are desperately searching for some realistic sure fire way to start earning a decent income easily and immediately.

- All oldbies with websites or products are searching for new ways to advertise/ market effectively and cheaply. - Also another killer idea/product is desperately needed to overcome hegemony and over exposure of email marketing. As frankly average person is not usually cut out to handle developing huge responsive mailing lists. And now ugly sp*m filters overtones ringing in back ground are heralding impending failure of email marketing.

A brain wave anyone?

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Shahnaz Rauf is The Editor of The Monster Twister - a Newsletter helping ordinary web owners achieve extraordinary heights without losing their shirts. To Subscribe mailto:themonstertwister-subscribe@snzeport.com Or visit http://www.snzeport.com

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