Rather than say once again, “Hey, sell online and you can make a lot of money,” I want to quickly recap the stories of a few of the most profitable e-commerce sites ever. The first is Amazon.com.
The enthusiasm for iTuneshas yet to slow down.
When Amazon.com was originally founded, online selling was not quite as prevalent as it is now. Founded in 1995 it was one of the first major Internet selling companies. Amazon.com
steadily lost money every year until 2003. Nevertheless, they saw the potential of “Selling Stuff Online.” During 2007, Amazon turned over $7 billion in sales. During their most profitable day (December 10, 2007), Amazon sold 5.4 million items.
But Amazon isn’t the only company to find e-commerce success. E-bay also generates astonishing profits with their auction site. iTunes has created a revolution of selling and downloading music from the Internet..
The enthusiasm for e-commerce is not going to slow down. Online sales provide more unique and profitable opportunities for small business owners every day. More people are becoming Internet shoppers. The revenue small businesses can generate from selling online is increasing. So, once again…why aren’t small businesses using e-commerce as a tool to grow their businesses?
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© 2008 By Clate Mask