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The Internet Revolution Is Just Beginning



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The Internet Revolution Is Just Beginning 
The Internet Age is revolutionizing the world, that’s 
for sure. 
Jack Welch, CEO of General Electric, told 
The Wall 
street Journal 
that the Internet was the greatest 
change in business in his lifetime – and Welch was 
born in 1936! 
Andy Grove, the Chairman of Intel, was even more 
direct in his assessment: “In five years, every 
company will be an Internet company – or they 
won’t be a company at all.” 
It’s a Wired, Wired World After All 
What makes the Internet pipeline so powerful? 
Well, think for a moment what the Internet really is 
– it’s millions of people all over the globe… each 
connected via a computer or cell phone… able to 
instantly communicate with – or sell to each other 
24/7/365… all for the price of a local telephone call. 
It’s mind-boggling! 
The Internet is as fast as the speed of light… costs a 
few dollars a day to use… is always on… has 
limitless applications… and interconnects the 
world. Oh – and 100 million people were wired to 
the Web in less than half the time it took to build 
the Brooklyn Bridge. By 2003, more than one 
billion people will be online… purchasing $1 
trillion of products and services via e-commerce. 
That’s not hype – that’s a global revolution! 


69 
The Internet 
Your PC
 
The Globe 
1 Billion People Online 
e-commerce = $1 Trillion + a Year 
The Problem with the Internet 
The Internet is truly revolutionary – but it’s far from 
perfect. 
In fact, the Internet has a problem. A BIG 
PROBLEM! 
The Internet’s biggest strength is also its biggest 
weakness – it’s too big! Too crowded. L Too 
confusing. Too competitive. Too hi-tech. Where 
do you shop? How do you buy? Who do you trust? 
It’s overwhelming! 
According to the experts, e-commerce sites are 
facing three major challenges: 
1)
They need more traffic. 
2)
They need more sales. 
3)
They need more repeat business. 

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