Let’s get out
crystal ball and see what is becoming apparent.In North America
statistics are such that soon more then half of all homes will have access to
internet. The thought of this must just tickle Bill Gates to bits. The computer Guru not only will be in
forefront of this development but he (through Microsoft) often creates
very scenarios that ultimately make him even richer.
I like this guy (most of
time); he is so powerful that on any given morning he can come to his office and decide how to change
world that day. Watch closely as Microsoft will move into
direction of controlling and building
new information highway. New… because
old one is too slow. Fiber-Optics is
new accepted minimum standard. Next stage will be wireless, direct satellite, high speed connections. (Just like satellite cell phones)
This where my crystal ball tells me to watch out because
new Highspeed info highway will allow almost everyone to experience
internet in an interactive way that will compete with
real world. Only Super Highspeed can do this and not just available in metropolitan areas only. Once we reach that pinnacle of highspeed access available anywhere (even in
third world) a few things will change significantly.
When
rural farmers can go shopping in a virtual mall and have fun doing so, we will see explosive growth in
online industry. Even
recent threats of terrorism make it a more viable choice to shop while at home. The internet connections will be such that going to
mall will be totally interactive………try on clothes…test drive a car on line on a virtual road…….experience
sounds, sights and excitement of an on-line community that can offer everything on demand.
When you are an entrepreneur that looks at investing, you would pay particular attention to future trends. You would want to get there early and have everything in place to ride
wave. Some said e-commerce had peeked and
recent .com market crash was proof that
wave had crested. While many companies experienced serious losses it should be seen as a much needed re-alignment and reduction of terminal hype.
The reality is that
Internet and its vast network of opportunities are just getting started. We are seeing a new acceptance of conducting commerce on
internet. Security issues are being addressed constantly and
general public is becoming more comfortable with on-line financial transactions. Bill payments are made on-line at such a rate that Banks are redesigning their branches with a focus away from
over
counter service.
All in all it looks like we still are only at
start of explosive growth with global changes to consumer buying habits.
Now we are back to predicting
future of on-line business and in particular
Home Based On-Line Business. Skeptics have said for quite a while that it had been milked dry. These same folks usually were burned or given a litany of false promises. Unfortunately there have a lot of people that fall in that category. When I look at
industry as a whole I see a transformation taking place that is driven by sophistication and high technology. Hype no longer does it alone. The MLM (Multi Level Marketing) promoters have run out of unsuspecting prospects. The ‘Amway’ age is over. The new successes are much more based on EMM (Exact Method Marketing)