Online Businesses are not the dotcom business mania... nor the famous "Roll-back pricing"
So what is an online business and why do we care? First, and foremost, YOU have to have customers/clients for your online businesses otherwise known as --
the target population is the focus group of customers/clients that your business is "targeted" toward, hence target population!
So here is what we start looking at:
Who is using the Internet in America?
71.4% of the population in Amercia has access/uses the Internet - Compare this to 14% in China! [As of March 2008 (% of population penetration)]
OKAY... what about the business growth? Well, in North America usage growth of the Internet increased 119%! (2000-2007)
So in looking at these two components of a business, would I be safe in starting an online business if I lived in America? Why or Why not?
(Findings located at http://www.internetworldstats.com/)
