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Monday, September 25, 2006

A changing landscape on the Internet

Good day everyone!  I'm Jeff N Marquis at the business desk and today I'd like to briefly discuss a changing landscape on the Internet.  It was not too long ago when we used to think of Google and Yahoo as the two top search engines on the Internet and as a matter of fact many of us used to use terms like "Let's google this and see what comes up." Or "Look in yahoo and see what you can come up with."  In like manner, many of us were used to using Amazon and eBay to do our online shopping and these two Internet companies were very good at providing us with what we were seeking.  They still are, but things have started to change and within the last year Amazon's revenue has declined by about 30% and eBay's has declined by about 38%. 
The experts are quick to point out that the decline in revenues for these two companies really has nothing to do with how they're doing business, they're not really doing anything wrong.  What's happening is that other companies are building more elaborate websites with more things to sell and they are taking advantage of key search words to better position themselves in the eyes of the search engines and thus improve their ranking.  It's going to be very challenging for Amazon and eBay to keep pace but I'm sure that these two giants will give it a good old college try and you can bet your bottom dollar that they're not going to give up without a ding dong fight.  In like manner, both Google and Yahoo are going to do the same and they better than anyone else are very mindful of other competitors breathing down their necks.  Competitors such as Microsoft are really making bids to take over the pent house of the search engine world and it would be interesting to see how Google and Yahoo handle their competition. 
There is much for us to learn here and the one important lesson that we should be all aware of is that we should never take our consumers for granted and that we should never stop trying to come up with new and creative ideas to satisfy the marketplace.  Some experts have quietly been saying that maybe Amazon and eBay were a bit too smug when it came to not paying enough attention to their competitors.  These two companies really broke onto the stage in a big way and they did it with a big bang and their ideas were fresh, creative, imaginative, and innovative.  No one can say that they did not try and are not continuing to try and come with new ideas on a daily basis but maybe, just maybe, they were a bit too comfortable when it came to paying attention to other competitors.  Be that as it may, the landscape on the Internet is changing and we shall all be watching with bated breath to see what happens next.  Don't count Amazon and eBay out as yet.  No, not by a long shot.  These two companies may just be able to weather the storm and resurface at the top of the heap.  However, they're going to have to pay more attention to others.
Before you leave us, please check out our book Untapped Wealth Discovered.  Both editions of this book are available at www.amazon.com and Untapped Wealth Discovered has been written by two very knowledgeable authors who have cunningly used their business experiences along with those of their clients to provide the reader with some very nifty strategies that can help you to protect your income, save your assets, and find lucrative opportunities in real markets that are made up of real consumers.
I wish you a very pleasant evening.

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