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Hot Business Idea

 

E-book Publisher

 E-Books are big business on the Internet these days. If you are not familiar with e-books, they are simply books (usually less content than a printed book) that are available for immediate download after purchase from a website. E-books are great because they are easy to create, free to distribute and have a high profit margin. 

 

 
 

Mobile Commerce: Are You Ready?

     

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 It is clear that mobile will be a very present player in many industries in the future and the ecommerce industry is no exception. Many retailers have already jumped on the bandwagon, but there are others who are still hesitant. As Ted Hong of Fandango explains in this video, that hesitancy is not necessarily bad.

Fandango has had great success with its mobile efforts, but the company has also learned many valuable lessons. Because mobile is currently one of the hottest trends, many retailers are so anxious to have a hand in the game that they rush their mobile endeavors to market. According to app activity aggregator Apptimism, there are more than 78,000 mobile applications. With that many apps already available, retailers cannot afford to have “just another app” to get lost in mix.

Before launching a mobile campaign, Hong advises other retailers to, first of all, have a specific reason for their mobile efforts. Once their reasoning is determined, they need to take their time to build an effective product that will have staying power.

Mobile does open many doors of opportunity, but if retailers aren’t fully prepared for it they could, in the end, waste time and money and never see success.

 

 

 

 

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