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the bottom line on E-commerce
worldwide : Ecomm v2.0
much has changed on the Internet since
the dotcom bubble burst in Nov-2000.
The number of websites engaged in e-commerce plummeted, and some
of the household names in the B2C space and popular B2B Exchanges
saw a quick meltdown.
the pure-play dotcoms business models came under scrutiny
and the Venture Capitalists, with their fat wallets, lost a lot
of good money. The dotcom era highlighted the greed and lost business
sense of many businesses, where ideas became their foundation while
experience receded to the background. Then the day arrived, when
the night walking, coffee drinking, jeans wearing workforce were
handed their PINK SLIPS!
E-commerce was, thus, buried...
the pure Bricks business houses chimed "We said so!" and
did the extra circuits, letting the World know how they stayed away
from all this and didn't burn their fingers.
the lost entrepreneurs had learnt their lessons and implemented
a Bricks & Clicks business model less the VC money and the hoopla,
and gave birth to the next-generation of e-com businesses.
this time around they were armed with their Experience and
brought the industry back from its stupor.
E-commerce 2.0 had arrived...
reports collected since then, from across the World, continued
to raise the bar in every connected industry - Internet Users, E-commerce
Shoppers, E-commerce Revenues, Broadband Usage, etc. Let's take
a peek at the various sections of these industries across the Continents
with the hope to catch a glimpse of what the future holds for us.
Read a detailed report on India's e-commerce status : India
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