"Small Business Serving Small Business"

Internet use has exploded from 40 million global users in 1996 to more than 100 million users by the end of 1997.

Traffic on the Internet has been doubling every 100 days since 1990.  Some experts’ project one billion people may be connected to the Internet by 2005.

The number of registered Internet domain names has more than doubled to more than 1.5 million by the end of 1997, up from 627,000 as of December 1996.

Jupiter Communications projects that on-line advertising and direct marketing will grow from $1 billion in 1997 to $9 billion by 2002, representing approximately 5% of today’s advertising expenditures.

Forester Research estimates that U.S. businesses will buy and sell $327 billion worth of goods over The Internet by 2002. At $300 billion, Internet commerce will still only represent 3 percent of total GDP.

____________________________________________

The Internet cuts the cost of purchasing.  It manages supplier relationships.  It streamlines logistics and inventory, and it reaches new and existing customers more effectively.  These productivity gains are driving a dynamic revolution in the way we do business at home and around the world. 

According to the US Commerce Department, the IT share of the US economy is expected to rise from 6.4 percent of GDP in 1993 to an estimated 8.2 percent of GDP by the end of 1998.  This coincides with the buildout of the Internet along with its future as a medium for communication and commerce.  Excluding electronic transactions between businesses (EDI), more than ten million consumers in the United States and Canada have already used the Web to purchase a good or service online.  This is just the tip of a revolution that will change the world forever...

TOP