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USA Internet Stats & Broadband Usage: There are many things happening
online that many businesses don’t really know about, because their business is
mainly offline. My future trends prediction is that many new internet firms will
start taking business away from local small businesses (like professional services
industries). One good example that I hear a lot about through their advertising is
Geico, Progressive, and esurance. These are internet car insurance
companies- ten years ago they did not exist. Guess how many customers they
have total? Geico has roughly 6 million auto policy holders. Progressive has
roughly 9.83 million auto policy holders, and 502,000 commercial policy holders.
Esurance states on their website that they have 500,000 clients.
So about 17 million policy holders for three Insurance Internet Companies.
What industries do I see following suit to join the Internet eBusiness model:
mortgage firms, car loans, banks (savings, investments, billpayment).
Grocery News: For grocers the future trend I see is to help communities save
money. They can do this by organizing online buying groups that all desire to
save money on their groceries (any product) by placing a “bulk order”. I recently
read about a Chinese group of people doing this right before visiting a store, they
all arrived at a pre-determined time and had a list of demands for the retailer, so
that they could get larger discounts as a group, and from the news report the
retailer did give them their discounted goods.
I have talked a lot about this in past articles and I call this “consumer buying
networks” or CBNs. This is simply an online community that decides to join
hands and negotiate with a retailer, wholesaler, or perhaps a manufacturer – and
the main intention is to increase the volume through online network building and
therefore decrease the overall products price due to leveraged bulk purchasing.
If there was an online firm that only sold to online networks; this online merchant
would not have to store the merchandise like a WalMart or Meijers. The online
merchant would be able to work with a large CBN (community buying network) of
say 1000 ( or 100,000) people and then place a 1000 quantity order for an entire
group of products. This bulk purchasing might make “having stock on hand” a
detrimental thing for retailers that are in competition with online retailing
negotiators- or let’s call them CBN Merchants. This is a very real venture that I
see coming in the very near future, just hope that I am a part of the team that
does this.
The Top ISP’s for USA: The future trends for America’s Internet is Broadband
Computer Service at lower prices. I could probably find some type of wireless
internet connection devise to run at my home- and in doing this provide
Broadband Internet for my close neighbors- that is free internet access. It’s
probably illegal, but I can see that it would be possible to implement something
like that. I see more ISPs offering cable-broadband at cheaper prices- I pay $40
per month, and I believe that I should be paying something closer to $25 per
month. As broadband services start to replace dial-up in developed countries-
more entertainment will be available, and as I predict the computer will have to
easily connect to the television making it easy for anyone to watch video content
from their ISP on their TV. The future trend- a very simple connection (wire or
wireless) so that broadband clients can use their TV’s for video internet content.
Thanks for reading this issue of The Future Trends. The online version can be
found at www.esnips.com , search for these tags: Brian Morgan The Future
Trends. You can email me: B-Morgan@Earthlink.net