CYBERCOMMERCE - An Accelerating and Viral Trend - The Global Futurist

Sunday, February 13, 2011

CYBERCOMMERCE - An Accelerating and Viral Trend - The Global Futurist

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CYBERCOMMERCE - An Accelerating and Viral Trend

Dear Friends, Fellow Futurists, Entrepreneurial Enthusiasts, TNNWC Members and other parties interested in divining the future:

Just to set the stage ---

The recent turn of political and social events in Northern Africa and the Middle East were largely initiated and propagated through the use of social media -- messages traveling about in cyberspace between and among large groups of curious and questioning persons without regard to political, geographical and other barriers. Social Media is officially a tool of revolution...perhaps it can be used as a tool to unite people in peace by allowing them to have conversations instead of speculations. Truth can replace rumors, and first-hand knowledge can enhance empathy and education. Social media is a weapon in the War On Ignorance. It cuts through propaganda like a comet through space.

Forecasted increases in the cost of fuel are making physical journeys less affordable, less appealing and increasingly unnecessary.

The demand for commercial real estate (especially for offices and large showrooms) is going to be waning because of the decreased demand in increased costs of business occupancy. Housing markets are born of Human necessity, but the commercial real estate market is fueled by economics. Why do I need a gallery, when I can have a high-resolution slide show on my ecommerce-enabled website?

While the entire global economy has been going through seizures and frightening volatility, consumption in the Western nations has declined for many products - yet an increasing percentage of these products can be and are being purchased online.

Unemployment is a persistent and real problem. Conventional employers do not have access to the same credit facilities and market demand that once allowed them to be pompous and profligate. Entrepreneurship is becoming an increasingly viable alternative because of the notion of telecommuting and cybercommerce. The financial barriers to entry which once held back aspiring entrepreneurs intranationally and globally are fast disappearing as the means to creating growing online business enterprises becomes cheaper, more readily available to most everyone, and more efficient with the invention of endless technological innovations and applications.

Get used to the notion of CYBERCOMMERCE. It is rapidly coming to dominate every single aspect of our lives. Expect it to continue. And now, if you'll excuse me, I have to be on a conference call with a colleague in England via Skype - and the long-distance conversation will be absolutely free.

Advice: Think about the implications and impact of Cybercommerce in every decision, personal, professional and financial, that you must make. You would be very foolish not to.

Faithfully,

Douglas Castle

THE GLOBAL FUTURIST - http://theglobalfuturist.blogspot.com/