Tuesday, September 29, 2009

E-Commerce And Online-Dating

A Growing Social Trend!

Many people are turning to various social networking sites to meet new people. The profitability of running one of these sites has great potential. For E-Comm Entrepreneurs, a perfect idea would be to start up your own site for the online dating community.

If you are interested in following the traffic that many of these websites attract, a website entitled www.alexa.com is a perfect tool to observe these trends. Websites like Plentyoffish.com, Lavalife.com, and Eharmony.ca are perfect examples of how this trend is increasing in popularity.

Website traffic:

  • Plenty of Fish – Up 13.7% over a 3 month period
  • Lavalife – Up 8% over a 3 month period
  • EHarmony Canada – Up 40% over a 3 month period

It is evident that by this traffic, this trend will continue to increase. When setting up your online dating website, keep in mind that originality is essential. For example, E-Harmony offers a psychological test to determine which matches you will be most suitable for. This aspect differentiates them from their competitors. Your website must have an original edge to it, in order to be considered as competition in the online dating market.

Personally, I see this trend increasing over the next few years, because more people are valuing their time and online dating offers the individual the choice of who he or she wants to date. As more people move to the online community, look for significant advances in this world of online dating!

You might even find that special someone when setting up that website ;)

…E-Comm Chronicler…

A Profitable E-Commerce Idea

I was looking at various web pages today and I came across a website called 'The E-Commerce Times' (http://www.ecommercetimes.com/). This website is devoted to covering anything E-Commerce. One article that came to my attention was one entitled "Wii Goes to War".

This article talks about how the Nintendo Wii is slashing its prices of its gaming console to $199, in order to stay ahead of its competitors (Playstation and Xbox). Both Playstation and Xbox have reduced their prices to $300, but with the reduction of the Wii to $199 it can sit back and potentially watch its profit increase. Nintendo has always had the advantage because of it being able to offer the system at a lower price.

With Christmas right around the corner, gaming consoles will be in high demand. If you are smart, like me, you would take this opportunity to go out and purchase more than one of these consoles and sell them on E-Bay. You would be able to easily make your money back and MORE! The potential to generate a profit here is very plausible. Think about it...

...E-Comm Chronicler...

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