Wednesday, March 17, 2010

Online Business- The Real Story

Previous to viewing Chris Anderson's articles and "The True Story of the Internet," I had no idea how differently numerous online businesses run as compared to other websites. Ideas such as Jeff Bazos', creator of He had the amazing idea of "Get Big Fast," basically, as more money came into, they would lower there prices so that they received more and more exposure. At the same time having stock traders promising that the company was about to explode- not to mention thousands of day traders working from home.

Chris Anderson discusses "Free."

I thought that the article "Free! Why $0.00 Is the Future of Business," was very interesting and I hadn't read about it before, although I am a recipient of his business strategy. On more than one occasion I have received a free Gillette razor and have continued to purchase the disposable heads. With the amount high tech companies that are located in Silicon Valley, options are endless for the general public to strike it rich through e-commerce. Stockholder cash was being given away by these companies to help start up new online companies, of which all but one in each category will fail miserably.

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