Mission-Critical Strategies for Success ... by FRANK FEATHER
"Most North Americans now live a Web Lifestyle. Everything predicted about the Internet – even the most hyped thing – will happen."
— Bill Gates, Chairman, Microsoft
OVERVIEW: The New BIZNET Future
All of life and commerce is converging online. And it is mission-critical for every business to understand the new Biznet future.
The Internet Revolution, or "Webolution," is creating a business upheaval where Web-based companies are growing to monopoly status.
These "webopolies" are leveraging the power of the Internet by creating real-time business networks ("Biznets") that are transforming commerce in dramatic ways.
It is mission critical that you become
a digitally-competitive Biznet.
Web Lifestyles and Webopolies
More than 1.4 billion people now use the Web. Half of them shop online – and much more. The Web is as central to people's lives as was the telephone and televison. Most people are living a Web Lifestyle.
All of life and commerce is converging online. But companies are diverging between those that understand and exploit the Web and those that are baffled by it and/or stubbornly ignore or dismiss it. Many companies are being vanquished almost silently by stealthy Biznet-savvy companies that align themselves with the same Webolutionary forces that spur consumers to flock online.
Biznets are grabbing market share, trouncing competitors, and deriving enviable profit margins. They are monopolizing Web commerce, which itself is gobbling up retail sales. In many product categories, we are fast nearing a tipping point where the biggest online vendors will dominate their categories to become price and market leaders. In turn, their Webopoly power will drive non-Web competitors to the wall.
The Biznet future is driven by 4 main techno-economic trends,
creating "zero-infinity" Webopoly power(see next page).