The Internet Economist

Posts Tagged ‘internet economics’

(DISCLAIMER): I have just discovered this material and I’m going to be making a full commentary on everything inside this thrilling 100 page PDF in future posts. This post is taken from another website and I am aggregating this information for the benefit of my audience.

Download Your Copy Of this Report for FREE CLICK HERE.

Information Technology and Innovation Foundation is marking the 25th anniversary of the very first .com with a comprehensive report, “The Internet Economy 25 Years After .Com: Transforming Life and Commerce.” The Internet revolution has just begun.

The report is being issued 25 years to the day in 1985 when symbolics.com was registered as the first .com in the world. The report quantifies the dazzling growth and economic benefits of e-commerce, especially in the last decade since bubble collapse, and recommends ways to ensure a growing and vibrant Internet in the years to come.

From its quiet beginning in 1985, the Internet has grown to 80 million .coms and well over 200 million websites. E-commerce is the driving force behind rapid innovations, new products, services and business models and redefining our roles as consumers and citizens. The 25th anniversary of the .com will be the subject of a policy forum headlined by former President Bill Clinton on Tuesday at Reagan Building in which ITIF President Robert D. Atkinson will participate, www.25yearsof.com.

ITIF’s new report arrives in an important week in the development of the Internet’s infrastructure, with the FCC announcing its long-awaited recommendations on the national broadband plan.

Among the findings in the report are the following:

* Of the roughly 250 million websites about 80 million are .coms. Even after the collapse of the .dom bubble, the number of domain names grows by an average of 668,000 a month.
* The .coms alone account for some $400 million in economic benefits to businesses and consumers and that figure will likely double in the next ten years.
* Despite high-profile failures in the dot-com bubble burst, typical survival rates for these new businesses were actually higher than normal and spectacular success stories have followed.
* Only about 25 percent of the world’s 6.7 billion participate in the dot-com economy but is changing – 73 million Chinese became Internet users in 2007 alone.

In order to sustain the progress that has been made in empowering consumers, spurring innovations and boosting productivity, the report urges:

* Adoption of policies that allow for the deployment of technologies, like wired and wireless broadband, mobile payments platforms, health IT, and other Internet platforms.
* Removal of regulatory and legal barriers to the emergence of new e-business models.
* Creation of incentives for companies to invest in Internet-enabled business practices.
* Advancing digital literacy.

The Internet Economy 25 Years After .com
March 15, 2010 | Reports
Robert D. Atkinson,
Stephen Ezell,
Scott M. Andes,
Daniel Castro
and Richard Bennett

After I’m done tearing apart and studying this report about the internet economy I will shoot several videos that translate these findings into real world value and showcase practical ways to leverage this information.

Who do you think really understands what people want to do on the Internet? An Internet Economist like me?

How about Seth Godin, founder of Squidoo.com which is home to almost a 1,000,000 blogs! (BTW He is richer than you.)

He thinks that power of online video is revolutionizing the web, which is no big surprise. Yet watch this short clip and listen to what he says about the videos you post and learn from a marketing mastermind.

So what do you guys think? Is the underlying economic engine the ability to capture and hold a user’s interest for a long amount of time? Is our marketing reflecting the need to provide entertainment value? How can an increase in entertainment lead to an increase in sales?

Interesting questions to reflect on. Recently I changed my email opt in to on the right side of the screen to a image of a killer robot. Many questioned the move but opt ins soared. Dean Hunt, a great shock marketer features cartoon rabbits and killer bunnies and his popularity soars by flying in the face of traditional marketing logic. Maybe it’s time to think less in terms of cold logic and return to a more playful state in our marketing mindset.

Related Blogs

• Your Unique Verification Code:
  EAVB_VOHBGJWFQC
  Related Blogs on attention age
• AMAC's response to the article of 'The Age' newspaper | History Of …
• Balloon Juice » Blog Archive » Roseanne the Riveter & the New …
• What Groupies Do To Get Attention | ForWomenOnline

• Related Blogs on internet economics
• Birth of Internet – Economics or Nuclear Protection?
• China Hearsay: China law, business, and economics commentary
• 30 years of World Development Report « Mostly Economics
• Icann president debunks internet economics (vnunet.com)
• Icann president debunks internet economics (V3.co.uk via Yahoo! UK …

• Related Blogs on seth godin

This is the most powerful presentation and explanation of the Internet Age I’ve ever encountered. In order to understand the concepts and strategies of Internet Marketing it’s critical to understand the Internet itself and how it has evolved over time. Our relationship and society is now being fundamentally changed by the Internet and our reaction to it and perception of it is the key to making money online. Invest the time to watch this video and you will understand. If you don’t watch this video from beginning to end you probably will NOT be successful as many of the key insights are revealed towards the end of the presentation.

If you are serious about understanding online income, this video is key.