E-Commerce Times Talkback
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For a while, dot-com death watches were all the rage. Then even those got a bit stale. Now, the shakeout is in neutral, still gliding downhill but at a much slower rate than the breakneck pace it kept throughout 2001. And something else is different about the shakeout in 2002. It seems that just as many new companies are inching into the e-commerce space as are leaving. And these newcomers are not just brick-and-mortar companies trying to jump on the bandwagon, but real, live e-commerce concerns.
Finally those motivated by greed and only greed are nearly extricated from the online world. Good riddance! They gave the rest of us a bad name. Now the real entrepreneurs can start making their mark. The Internet is simply another media, simply an additional conduit for information and distribution. Why anyone treated it or considered it immune to the principles of Business 101 is beyond me. I didn't buy into it in 1998 and 1999, and I'm glad to see the rhetoric replaced by sensibility and solid business strategy.