1. It took television 13yrs to have 50 million user but only took the Internet 4yrs. Why do you think the Internet gained users so much faster?
2. Ipod downloads hit 1billion in a nine month span. What do you think are the ramifications for companies that offer music, video and other down loadable apps to customers?
3. Who is the fastest growing market segment on Facebook? As someone who is concerned with online commerce why do we care about this information?
4. Twitter is the new word of mouth advertising on the Internet. Why do you think this is so important for companies that sell product online or in a retail store?
5. Explain how products will find you in the future or even now?
6. What do you think "People Driven Economy Means"?
73 comments:
1. I think the interenet gained so many users so fast because it was the new thing and everyone started switching over to using it. It made everyday task a lot easier and people in society want to make their lives easier.
1. It took television 13yrs to have 50 million user but only took the Internet 4yrs. Why do you think the Internet gained users so much faster?
there are is a grater population and a larger percentage has acess and income
2. Ipod downloads hit 1billion in a nine month span. What do you think are the ramifications for companies that offer music, video and other down loadable apps to customers?
they a market that is quick to adopt new trends, allowing them to influence the market
3. Who is the fastest growing market segment on Facebook? As someone who is concerned with online commerce why do we care about this information?
55 – 60 year old females. You can target ads towards the demographic
4. Twitter is the new word of mouth advertising on the Internet. Why do you think this is so important for companies that sell product online or in a retail store?
over 70% of people will believe a recommendation, however only 14% will believe an add
5. Explain how products will find you in the future or even now?
social media
6. What do you think "People Driven Economy Means"?
People buy a product and influence their peers to purchase
1. the internet is more useful and the television isn't used in businesses and school as much as the internet
2. companies can advertise their products on websites that provide applications and music such as itunes. they can also sponsor apps
3. 55-65 year olds because the companies can now post products that this age group enjoys on social media sites
4. the companies can tweet out sales and new trends coming out. they can have specials for followers such as print out coupons.
5. social networking sites see your age and interests and place ads on your site depending on demographics
6. means that people are posting everything on social media sites are trying to see whether certain people buy their product or not
1. I think it took the internet a shorter time to get 50 million users because most people already had a computer at that time, so all they had to do is conenct to it.
2. I think sales would increase since the amount of downloads have increased by a lot more.
3. 55-66 year old females.
4. Twitter is important becasue if someone has a bad experience, then everyone watching that person's post will head about it. So companies have to be more careful.
5. Social network ads use what you post and determine what ad's to show around the web page that pertain to things you say on your site.
6. "People Driven Economy" means that people will decide what they want to buy and will advertise companies they like, while others take into consideration what others say and more than likely listen to that opinion over an advertisement.
1. Because with the internet not only could we search and find information. We can also contact others via email and multitask.
2. Companies can advertise their product on the sites that sell music and apps like itunes. They can also sponsor certain apps to get their name around.
3. 56 -65 year old females. This is important because companies can now post products that this age group likes on social media sites and attract more business.
4. Companies can announce their new products in a tweet that everyone can see. Even add a link with further description and images.
5. Prodcuts will find you because some companies on social media will see your age and place ads. They can also see what you like to do or wear and place advertisements accordingly.
6. People are posting things that help determine what is in style and how the product would sale.
1. Because the internet is new technology, and people want to use this new technology; through social media, sports, and news.
2. Companies see a whole new business through music/apps in the iTunes industry. If they introduce an app/song for $.99, a lot of people will buy it for that low of a price.
3. 56-65 females. Companies can advertise products for this age group on the internet and attract more business.
4. It's a quick and short message that people might read. People don't like reading a huge text advertisement; but if the company uses Twitter, they can get a short message to a lot of people that will read it.
5. On social media sites, they might ask you to put in your information column what kind of products/technology you may like. Then companies can go into the social media site and see people who likes certain products that their company makes.
6. People are posting comments that help other people determine what is in style and how the product would behave in the real world.
1: you can pretty much do anything on the internet. you are limited when you use the tv. you can also watch tv on the internet.
2:they can gain more users with reviews
3:55-65 year olds. they can connect with their loved ones online
4:if the consumers to not like their product, they will tweet about it and tell their followers.
5: on facebook i can "like" the pages of my favorite stores or bands and they will post their merchandise for me to see.
6:people can change the way that economy flows
1. I think the Internet gained users so much faster than television because the Internet is cheaper and because it is easier to get the information you need.
2. I think the companies that offer music, video, and other down loadable apps to customers would increase because downloads are becoming so popular.
3.The fastest growing mark,et segment on facebook is 55-66 year old females. We care about this information because it is opening up another group for companies try to appeal to.
4.It is so important for companies that sell products online or in retail stores because people will post their experience on Twitter and other people will have access to what they said about that store. That will affect peoples views on that store.
5.In the future products will find you because people will post about them on Facebook or Twitter and it will be accessable to you. You can then read about them and research them because you heard about it.
6.I think "People Driven Economy" means that the economy is affected by how people communicate and what they say about companies.
1. I think that the internet gained users so much faster because all you can do with a televison in watch shows and movies. With the internet, you can watch shows and movies, online shop, email, look up information, and so much more! The internet gives you many more options.
2. I think the ramifications for companies that offer music, video and other downloadable apps to customers are that they aren't getting as many in-store customers to purchase their other products.
3. The fastest growing market segment on Facebook is women from ages 55-66. This is important because people of this age are not comfortable with technology so someone concerened with online commerce would want to find a way to make this segment of people comfortable with using the websites and have it easy for them to understand.
4.I think twitter being the new word of mouth advertising on the internet is important for companies that sell products online or in a retail store because this gives them a new way to communicate to their customers and offer promotions, coupons, etc.
5. Products will find us because there are so many things posted on social networking sites about products that it has become a way of us to be introduced to those products. People post about good/bad experiences with these products which can lead to us decided to purchase them or not.
6. I think "People Driven Economy" means that since people are posting so much stuff on social networking sites, it will determine whether other consumers decide to buy those products or not based on their peers' experiences.
1. The internet helped buisness more and they helped promote it for their advantage.
2. It shows that it is a large and fast growing market but that ipods have already taken the lead.
3. 55-65 year old femals
4. If they dont please customers they may talk about bad experiences online.
5. In ad's online and through games.
6. Everything that happens to the economy is a result of somthing someone did.
1. Because it was a much more capable piece of technology than a tv.
2. They are able to reach more customers which means they make more money in the end.
3. 55-66 year old females.
4. Because it provides a much broader form of advertising, so it reaches more people around the world instead of just one market.
5. Someone might post a suggestion or a review of a product on your wall, or they might even tweet at you.
6. It means the customers have the most say of what happens in the economy because if tons of people give a product a bad review not as many people will end up buying that product.
1. It took television 13yrs to have 50 million user but only took the Internet 4yrs. Why do you think the Internet gained users so much faster?
Internet is more affordable and there are more things that people can do with the internet.
2. Ipod downloads hit 1billion in a nine month span. What do you think are the ramifications for companies that offer music, video and other down loadable apps to customers?
The sales of music, video, and other downloadable apps would have increased dramatically and the companies profit would have skyrocketed.
3. Who is the fastest growing market segment on Facebook? As someone who is concerned with online commerce why do we care about this information?
55-66 year old females because they are finding out what a great way it is to communicate with grandchildren, friends,family.
4. Twitter is the new word of mouth advertising on the Internet. Why do you think this is so important for companies that sell product online or in a retail store?
Twitter users who have many followers could have a huge impact on the companies sales depending on what they say about the companies product.
5. Explain how products will find you in the future or even now?
Products will find me in the future or even now via social networking
6. What do you think "People Driven Economy Means"?
The people have the most influence on the companies and products so therefore they have the most influence on the economy. So they might hear something good or bad about a product and depending on what they think is how the economy will fluctuate or not.
1. The internet has gained so many users so fast because it's more than entertainment, unlike tv. There are thousands of uses including communication, recreation, research, and finding the latest news. Can you do all that with just a television, and instantly?
2. Everyone nowadays is using itunes and other music/video websites. You can get music instantly and sometimes for free instead of having to go to Best Buy and buying a CD.
3. The fastest growing market segment on facebook is women between 55 - 66. This is because they are now using this to communicate with cousins, grandchildren, old classmates, etc.
4. Companies use Facebook and Twitter to advertise and communicate awareness. They want people such as teenagers and adults to know about their business or restaurant.
5. I see a lot of advertisements over the internet via facebook, twitter, and yahoo. I believe in the future more and more companies will use the internet to advertise job openings, coupons, etc.
6. A people driven economy means the people decide what they want. Companies make products to satisfy the consumers need.
Kasey Poliachik
1. The Internet gained users faster than television because a lot of people already owned computers so it was much more capable. The Internet also had lots of ways of communicating and advertising that the television didn't.
2. Companies that offer music, video, and other downloadable apps can earn a lot of money if they charge for downloads on the Internet, but many people can rip them off by stealing the music or apps illegally.
3. 55-66 year old females because they are not as comfortable with the Internet as young people and this is important because it shows where to target the advertising to ensure the market continues growing.
4. Twitter is important for companies because it is a very easy way to get in touch or advertise to a lot of people at the same time. This is also important because people can review companies through twitter either very negatively or positively, so customer service is important.
5. Products will find you in the future by advertisements on the Internet or social networking sites such as Youtube or Facebook.
6. A "People Driven Economy" means that people can control how the economy works by giving negative or positive reviews for products or businesses.
1)I think the Internet gained users faster because it provided more opportunities than television; the user can do almost anything online.
2)After providing a service or a product (video, music, etc.), the user can instantly post their feelings about the product on any social media site. If they happen to have a negative experience and they choose to share it, then the company could lose business.
3)The fastest growing market segment on Facebook is women ages 55-65. Companies interested in online commerce could post ads that are relevant to that age group. Also, ads that have already been released can be reworked to appeal to the older viewers.
4)Companies can take advantage of Twitter to create a page and post deals and new products. Also, if someone has a good experience with their company, they can receive more business.
5)Facebook suggests sites and companies that would interest me. I'm sure that, in the future, more and more sites will take advantage of that feature. Companies could have the user complete a survey of their interests and provide products/services that match their answers.
6)"People Driven Economy" means that the public's opinions and interests are mirrored by companies. Businesses need to look at what people want to be able to provide a profitable service/product. Economics are now based more on want than on need.
1. The internet gained users faster because it helps businesses and allows for much easier ways to get information.
2. The ramifications for companies include increased business profit, because people like to download things, including music, video, etc.
3. 55 - 66 females, because this shows that even older generations are starting to accept new technology.
4. It is important for companies to have a facebook or twitter, because it can help the company attract more attention and be more successful.
5. Products will find us, not the other way around. Because we belong to so many social networking sites, we are exposed to advertisements all the time.
6. the economy is driven by the economy because we make the decisions if we want to buy a product.
1.because you can pretty much do anything, you have the ability to view tv via internet!
2.they gain more users and income.
3.55-65 yrl females. to target the the posible clients.
4.To let future clients know if their services and to advertise.( special offers, sales etc.)
5.they can search for you depending on your interest. contact you if they think you are a posible future client.
6. people change the way economics go about. increase and decrease on certain markets.
1. The reason televison took so many years to abtain 50 million viwers is because the customer cannot choose what they want to watch whereas on the internet you can choose which website you want to go to and when.
2. After Ipod downloads hit 1 billion, other companies the offered music,video, and other down loadable apps probably went out of buissness because of how popular the Ipod is.
3. The fastest growing market segment on Facebook is 55-60 year old females. We care about this information because then we have a target audience for online products.
4. Twitter is very important for companies that sell product online or in a retail store because people will talk about buisnesses whether they are good or bad.
5. Products find you now or in the future because people will post about products so you dont have to go out looking for products that have good reviews.
6. People driven economy means means that the people choose what products are popular so in a way they choose which products should be made in the future.
1. I think the Internet took only four years to gain 50 million viewers because the generation was more open to the idea of new technology and the spread of the new technology was significantly faster.
2. I think that music, video, and other app companies became very populare after the Ipod came out. People were looking to download lots of music and movies and apps. A negative effect would be more rules to regulate all the download companies.
3. The fastest growing market for facebook is 55-60 year old females. This occuring because they re just now becoming comfortable with the idea of social media. This changes the advertising on facebook to target the middle aged women.
4. Companies can be affected by what people say about thier product on twitter. If someone says something negative everyone on thier twitter feed will see and take into consideration the comment about the product.
5. Products will are able to find you know through social media advertising and other internet sources.
6. People Driven Economy means the the people and what they say and put out into the internet drives what is bought and how money is spent.
1.
The global population is currently much larger, users can access more content for less money
2.
Companies will try to get their products onto Itunes, as other third-party download sites are ignored due to lack of content
3.
55-66 year old females. Companies that sell products to older generations must now do so through different channels then they are used to.
4.
If someone has a bad experience with a product they will post about it and cause companies to lose more potential customers.
5.
companies will track your internet activity and banner ads would be targeted at you based on that.
6.
Advertising is less effective that what people post on sites, so companies will need to please consumers to promote their product instead of advertising.
2. The ramifications for companies that offer music, video, and other downloadable apps to customers is that it will take technology stores such as Best Buy or Circuit City out of business. People will just download the apps instead of purchasing something more expensive or bigger.
3. The fastest growing maket segment on Facebook is 55-66 year old females. Someone who is concerned with the online commerce cares about this information because even the older generations are starting to use social networks and it takes away from advertisements.
4. Twitter is so important for companies that sell products online or in retail stores because if a bad review goes out on twitter then everyone will know about it and won't go there. However, it can be good if a person writes a good review.
5. Products will find us in the future on the internet to advertise the newest products, openings, etc..
6. People driven economy means that people control the market. If people like a new product then everyone will switch to it and take old products out of business
1. The Internet has a wider range of uses than the television. With the Internet, people can search for information, get tickets, and communicate with people. You can only watch informing or entertaining shows on a television.
2. The companies would gain a huge profit from the number of downloads of each app, video, and song. Unfortunately, though, they have to get permission from the artist or creator to host their song/app/video, and must give them some of the profit. With the way technology is evolving now though, many people try to get stuff for free, which results in a lower profit for the companies.
3. Fifty-five to sixty-five year old women are the fastest growing market segment on Facebook. It is important to know so companies can create advertisements and products geared towards this audience.
4. They can advertise their products on Twitter, and all of their followers can spread the word to their friends. It's a quick and easy way to advertise, and word of mouth will help spread the news too.
5. They will come up in advertisements on websites, and other people might tell you before you have a chance of finding it out yourself.
6. It means that the economy will be determined by demand of the people.
1. I think the Internet gained users faster because it's such a useful source and it's more interactive than TV. You can choose what your looking for instead of just watching whatever's on TV.
2. Companies that offer music, video, and other down loadable apps have to watch out for the opinions of buyers. Posts on social media sites can greatly impact the successfulness of their business. Some websites may also pirate and copy their music/videos and post on other sites as their own. Others may even make products availible for free (downloadable music/vidoes) that should be paid for.
3.Females ages 55-65 is the fastest growing market segment on Facebook because they've figured out the usefulness of Facebook in communicating with their children/grandchildren. As someone who is concerned with online commerce, we care about this information because the audience we're trying to reach on the internet is changing, and we need to change what we're putting out on the internet to fit that audience.
4. Twitter is a very important resource to companies on the internet. Consumers can follow the company on Twitter so that when they post things about a sale or new product, consumers know and will be more likely to purchase for the store/company.
5. Products can find us as consumer via social sites with ads such as facebook and if we follow companies on twitter to find out about new products/sales. Using the information about the audience using the internet, companies can customize ads to fit the interests of the user.
6. A "People Driven Economy" means that our economy is driven by what the people want. Companies sell what they think people are most likely to purchase.
1. I think that the internet has more activites and more information at a quicker rate then a television would provide and the internet has reasonable prices
2. I think that the profits just increase dramatically
3. 55-65 year old females because they are just finding a new way communicate. The young people are already using social networks, so they are not the fastest growing.
4. This way thru twitter the companies can get there product out into the market faster. As people buy the product revaiews from the users can increase there sells, which mean more money
5. via social networking
6. when people buy economy is ood when they dont buy the ecomomy is bad
1. its th enew way of communication, and getting information. telovision is just intertainment.
2. the company must have it up fast and available at all times.
3. 55 to 60 are the main age of people on facebook. if you need to reach a lot of people for free then use face book. anyone who is in the marketing business is verry interested in facebook and social networking.
4.if you sell products online not only is it easy to reach people and have a lot of information but if someone is already on the computer they might switch windows and say im so excited my new whatever it is is coming soon. thats advertising and it goes farther than you would think.
5.we will look on our computers or whatever it is we use like a ipad. we could google the product look at the company ratings compare prices, see any promotions going on, and the time for delivery, and delivery rates.
6i think it means that people who invent new things, and do things differently. people who help change the world.
1. I think the internet gained users faster because it had methods such as the Television to advertise itself.
2. They are in touch with popular culture and will benefit from offering their products like that.
3. Teenagers, if I'm concerned with selling products online I will want to be sure my ads and products are aimed towards teens.
4. They have to be sure their product lives up to expectations, as they are more likely to be subjected to word of mouth.
5. Facebook already has personalized advertisements, that appear based on your likes, interests, your friends' likes, and key words in your statuses.
6. I think a People Driven Economy is simply an economy that is largely determined by the public, and growing trends, perhaps moreso than before, when the companies largely determined the direction of the economy.
1. The internet gained so much popularity quickly because it's easy to use and it allows you to find things easily.
2. Because Ipod downloads are so popular, a large market is open to companies that is full of people that want their product.
3. 55-65 year olds is the fastest growing demographic and companies will put more ads for products they will want.
4. If people say their product is bad, many other people will be able to see that and will be far less likely to buy their product, but if they say it is good many other people will be far more likely to buy the product.
5. Companies can see your interests and then advertise a product you are likely to want based on your interests.
6. People driven economy is that the people direct the economy by what they buy.
1. The internet is more personal and more accesable.
2. Ipod song downloads are very easily found free. Companies must be up to date, cheep, and constantly renewing content.
3. Advirtisements are the fastest growing market segments on Facebook. Online businessmen care about effective and relevant adds.
4. Negative input on a product is hurtful; companies can advirtise via twitter.
5. Companies advirtise stratigically to target your interests.
6. A people drivin economy means the marketers adhere to the people. It also means the people "bring the products to them" due to their interests.
1. The internet is more accessible than buying a tv. Also data travels much faster
2. They get alot more sales because there is a huge market for downloadable content.
3. 55-65. We could use it by marketing to older people because they are more likely to see it.
4. companies could make twitter accounts to allow their fans to follow them and to recieve tweets about news from the companies.
5. Companies can pay to have their advertisements on your facebook sidebar and if you like one of the adavertisements, it sends more advertisements that are similar.
6. A people driven economy means that people decide what is in and out.
1. It was a new thing snd everyone wanted to use it and they could stay in touch a lot eaiser.
2. There sale would go down and would not have as much business.
3.55-65 year old females. They can learn about new product and get reviews.
4. This is important for companies beaucse they need good reputations to sell. If someone say something negtive about a product they want sell as much of it.
5.They look at your socil networks and they can figure out what you like and give you advirtisments.
6.The economy depends on what people do and that how componies make econmic dessions.
1. The Internet gained users faster because people can do many more things on the internet than on television.
2.Company profits will boom with the increase of products bought electronically but money will be lost because of illegal downloads.
3.55-65 year old females are the fastest growing. This information is important because it shows the kind of people that will rate products and spread the word of its rating.
4.Tweeting something good or bad about a certain product can increase or decrease sales for that company.
5.Advertisements will appear according to your likes and interests on your social networking sites.
6.People Driven Economy means that the people will decide how the economy grows and changes depending on their likes.
1. The internet is more accessible and data travels so much faster so people would rather use that than tv to find info.
2. They get alot more sales because there is a huge market for downloadable music and apps.
3. 55- 65. We can use it by marketing to older people because they are most likley to see it.
4. Companies can make twitter accounts so fans can follow them and get updates on new products. Also, if somebody tweets about a product all of their followers would see it instantly.
5. Companies can pay to have advertisements on facebook and they can be shown based on what you like and what your friends like.
6. People driven economy means the consumers make all the choices, because they decide whats cool and shreddin.
1. It became more accessable for people to see and look at. to where you might only see a ad on the tv once per day.
2.It can decrease their bussiness so people will buy less of their products and will download them to ipod more.
3. People type on their status if they like a product or not so it spreads to alot more people then just by talking about it. We care about this information because we don't have to leave our houses to get the product we can order it online and have it shipped to us.
4. They can reach a lot more people over the internet because they look for products they like and might go to the store to buy it or just buy it online.
5. People will post things about a product on social media sites if the product is good or not. The ads that are on tv get the word out to people that watch that channel that shows the ad.
6. People decide if a product is worth the money or not. Then they tell other people if they should buy it. So the people can deciede if the product sells or doesn't with what they think of it.
1. The internet gained users faster than the television because the internet boomed faster. With those first few year, it had become the most popular new thing. It provided answers to everything.
2. The ramifications for companies that offer music include an easier access to downloads for customers and a lot more sales due to a bigger market.
3. The fastest growing market segment on facebook is 55-64 year old women. Someone who cares about online commerce would market more products to this target area to "hook" them in while they are still in the process of exploring facebook.
4. Twitter is important for retail companies because it allows for peer reviews. Companies care about these because over 75% of people buy products based on peer recommendations.
5. In the future, products will find you by using your social media and browsing history to build a personal profile on you. That way they can market products that you are at least somewhat interested in purchasing.
6. "A people driven economy" means that consumers decide what companies suceed and which ones fail. Without people buying a company's products it will undoubtedly go bankrupt. An economy is driven on sales.
1. I think Internet gained more users faster than TV because the internet is more interactive.
2. The companies made millions of dollars and are contuing to do so by offering more downloads.
3. The profile information. People care about giving out certain information because they do not want to be spammed.
4.So they can gain customer support through twitter.
5.They will appear in your email because informaqtion you give out by signing up with your e-mail will come back at you with advertisements.
6. People run the economy.
1.) Because it was new it was bigger and also easier and cheaper to access.
2.)The companies' sales would drop drastically and they would go bankrupt very easy.
3.)55-65 year old females. It allows the companies to make better advertisements so it would be more efficient.
4.)It allows their products to be introduced to more people faster and easier.
5.)They will use social media they will find out what you like and send you ads about it.
6.)I think it means that the economy is driven more by the consumers and what they want then what the companies want to sell.
1. I think the Internet gained users faster than television because there are many more uses for the internet. TV shows what the programs decide to show, but you can search for anything you want on the Internet.
2. Companies that offer downloads will have many users as Ipod downloads increase. If they charge for downloads they will make a lot of money.
3. The fastest growing market segment on Facebook is the age group 55-64. If advertisers know this, they can use techniques that appeal to this target audience.
4. People can easily post reviews of products on Twitter, and they spread fast. If people give bad reviews, this means a drop in business for the company.
5. Products will find you in a couple ways. Social network sites find keywords in what you post and put advertisements on your page that you'd be interested in. Also, people will say things about new products on the internet, and you can learn about them this way.
6. A People Driven Economy is where the general population controls the direction of the economy. What the people like and don't like will control what the companies make and don't make.
1. I think it took the internet less time to gain 50 million users because the internet has more to offer and it makes information more accessable.
2. Ramifications for companies that offer music and downloadable apps is that there is a big market for your company to sell down loadable music but also, your company could lose a lot of money if people are down loading illegal music.
3. The fastest growing market segment on Facebook is people. Someone would care about this information because dependnig on what people say about your product may determine whether other people buy it or not.
4. Twitter is important for companies that sell product on line or in a retail store because people are constantly tweeting and if someone posts something good about your product then the word will spread fast.
5. Products will find you in the future because if you are on facebook and you have certain things that you like you may get advertisments based on what you like that the computer thinks you will like also.
6. I think people driven economy means that our economy is driven by which products people like and choose to buy.
1. I think the Internet gained users faster because of what it can do, and how much it can do. With the Internet many things can be accomplished.
2. The ramifications for those companies are that if they can get everyone to pay for their downloads than they can make millions of dollars. The other side of it is all of the people who use illegal sites that make downloads free, which is taking millions of dollars away from those companies.
3.The fastest growing market segment on Facebook is people ranging from the age of around 55 to 64. We care about this information because if we are trying to advertise a product we need to know the target age group.
4. It is important to compaines to know that sell products online or in a retail store, so they are able to either get a twitter for customers to follow, or advertise, if able, on Twitter.
5. Products will find you in the future by either being sent to your phone through tex, or ads that pop up on social networking sites such as Facebook.
6. I think that "People Driven Economy" means that the economy is based on how people react to things, and what people are doing. The economy changes as people change their likes and dislkes.
1. I believe the internet spread so much faster because it is not just a form of entertainment, but means of sharing information and communication.
2. The music intustry has definitely grown but so has the numbter of illegal downloads so companies must be competitive if they want ANY business.
3. Advertizing is the fastest growing market segment on Facebook. This is very important because advertizing can be a lot more specific to our needs nowadays.
4. Positive and negative feedback about products can be spread quickly and to many more people.
5. Companies can cater specifically to people who like products similar to what they sell.
6. A "People Driven Economy" means that people bring advertizing to them by posting what they like.
1. I think the Internet gained users so much faster than television because the Internet offers so much more information that TV does. You can look up anything you want on the Internet, and you can even watch television online.
2. The result of the Ipod becoming so big is it created a huge market that earns a lot of money, but the ability to loose money from illegal sharing is huge too. An artist might lose money because people are not buying music but sharing it.
3. The fastest growing market segmant on Facebook is people from55 to 64 years of age. Someone who is concerned about online commerce should care about this because they can advertise information that would appeal and be age appropriate to them.
4. Its important to sell a product online because so many people are online and also on Twitter, so if they hear about it while they are on Twitter they can easily search it. Its also important to sell products in a retail store because people will Tweet about and advertise.
5. On facebook, there are advertisements on the side that mention things that you have posted about and like. Products will find you that way.
6. I think "People Driven Economy Means" means that people control the economy and the sucessfulness of a product by putting stuff on the internet. A product can either be sucessfull or fail based on what people post on the internet.
1)The Internet gained users faster than the televison because it was much cheaper than the television. With the television a buyer would have to go out and buy a television set and then as they watched TV over time they would recieve an increase on their electric bill or cable bill. While the internet only required users to have an internet connection, even if they were on a public computer in a library.
2)Remifications for companies that offer music, video and other down loadable apps to customers would be that they may have a signifigant decreased in sales based on the publics taste because with people being able to download and share music with thier peers so quickly a certain genre of music may sell better than another.
3)The fastest growing market segment on Facebook are teenagers. Many people are begining to care about the information that is shared on facebook because this information can effect a persons ability to be hired by companies. Nowadays companies have the capablility to search possible candidates before hireing them to ensure they are making a good choice for an employee.
4)Twitter is becoming more important for companies to sell a product online or in a retail store because people can give their opinions about a product with in seconds of buying or using the product which hundreds of other potential consumers could see within a matter of seconds. They could also instantly be notified of sales.
1. I think that it was quicker for Internet to progress because there was more communication about the internet than the television when it was developed. There also could have been advertisments for the Internet on the televiosion.
2. I think people were quicker to adapt to the Ipod because it was quicker and less expensive than going to the store and purchasing music. Also, buying music on the internet offers you more than buying a cd so the consumer would recieve more.
3.
4. Twitter is important to companies so they can quickly send information to people about products. People who see the comments on Twitter would than be quicker to purchase a product because they saw an advertisment quicker, so the company would recieve income much faster than other methods.
5.
6. I think "People Driven Economy" means that the economy depends on the want and the like of the people. Without people buying products the economy wouldn't grow and it depends on the people to buy products.
1. I think the internet gained popularity faster because it is what you want to see. TV is not always content the user would like to see.
2. If you allow users to download your content it would be good because they get conent, but it would be bad because this always other people to buy the conetent and thus spread it to other users for free.
3. The fastest growning market segment is 55-65 Year old weomen. Someone who is involved in e-commerce would care about this to know the most profitable target age group.
4. For a company to continue makign revenue they should be up to the times and use the most up-to-date way of avertiseing.
5. Social Media will collect your intrests and suply avertisement that will be the most sucsesful towards you.
6. People driven means that the consumers are running the market.
1. The internet has much more to offer, like user input and more choice. Due to this, people targeted it as a good place to find entertainment or social media and therefore advertizers came aswell.
2. There would be more of a demand downloadable content because people would have a place to put it. Therefore, sales would go up.
3. Older women are the fastest growing demographic on facebook. Advertizers should know this so they can then target their marketing.
4. Companies should start getting twitter account to advertize their product.
5. Looking through your social media with tags they could choose the most likely peopletopurchase their product.
6. People buy what they want/best products.
1. The internet is more interactive than the television. If you wanted to know about an ad you would have to wait for the commercial to come on, whereas on the internet you can just type something in on google.com
2. The companies make millions thanks to the app store.
3. 55-65 females, its important because companies that put ads on facebook should aim their ads towards that age group.
4. They should make sure the make sure that thier product works before they sell it to the public, because if someone isnt satisfied with the product and they put it on twitter than theres a good chance that their followers wont buy it.
5. Sites will know what your interested in based on what you look up on the internet.
6. The economy runs on what people want and trends. And the economy is based on what people think of the product or what they like.
1. I think the Internet gained user so much faster than the television because the Internet does things to make our life more easier. With the Internet you can make daily task much simpler.
2. The ramifications for companies that offer music that Ipod downloads hit 1billion in a nine month span are that there is the ability to make alot of money and also there is the ability for losing alot of money if files are downloaded illegally.
3. The largest growing segment of facebook is from age 55-64. If you are concerned with online commerce it would be important to target this age range on facebook.
4. I think companies need to understand twitter is the new word of mouth advertising on the Internet because if they understand the positive and negative consequences of twitter they can gain or lose product sales
5. In the future products will find you by the things you like on facebook or the groups you join. The Internet will compile a profile of you and companies will be able to get a group of products you need.
6. I think "People driven Economy" means that whatever make things easier for us, the people, will excell and grow in this economy.
1. Internet was created at a time that news traveled fast. However, Televisions were very expensive when they were created and many people did not have access to it.
2. Customers are able to access the downloadable content with out having to use gas by going to the store to by a cd or something.
3. The fastest growing market is in 55-64 yr old women. Because they are able to market to those people.
4. Because instead of mailing in a complaint or positive comment. The company can easily keep track of who is saying what about their product.
5. When you are on the internet you are constantly building a profile or database on yourself. Your information is kept and released as long as you are active.
6. People driven economy means that the economy is counting on the people's satisfaction. If someone likes a product they are going to tell another person to get that product.
1. The internet is way more accessable than TVs are. It's easier to get to.
2. It's bad from the standpoint that there are a lot of illegal downloads, which costs money for the company. It's good for the companies that are making money off of paying downloads.
3. 55-65-year-old women. It lets you know that more and more people in that segment are getting on the internet, which means they should be targeted.
4. It's important because they need customers to have a good experience so they'll tell other people about it on Twitter or Facebook.
5. Products find you on all the social networks and websites with ads.
6. It means that people decide whether or not a product is successful, and basically whether or not the economy is successful.
1.Because the internet made everyday tasks much easier.
2.I think that companies who sell cd's will try to work against them. Also illegal downloads. But it also gets more business because its quick and easy.
3.The fastest growingsegment of Facebook is 55-66 yr old women. We care because it shows what one of the target audiences could be.
4.If a company gets a review from a celeb or just a normal person on twitter then a lotof people will see it.
5.The ads for these products will start to appear on social network sites more and more. They will find new ways to display their product to us.
6.I think People Driven Economy means that our economy is driven by what people do and by what they want. If nobody is going to work a job it'll stop that company. If nobody will buy the product then it's the same effect.
1. The internet gained users so much faster than the television took because the internet was a new fad that cought peoples interest so much quicker.
2. The ramifications for companies that offer music, video and other down loadable apps are good and bad because of illegal downloads.
3. The fastest growing market segment on Facebook is middle aged women, 55-60. As someone who is concerned with online commerce we care about this information because it tells us the target audiance to design the social network around.
4. Twitter is so important for companies that sell product online or in retail store because it helps with product advertisement both positive and negative.
5. Products will find you in the future and now by the social networks on the internet and other technological adds.
6. I think "People Driven Economy Means" that the people of the world today are controling how our economy is turning out.
1. I think that the internet gained so many users because the television was so popular and so when the internet was released, and seen it seemed much easier to do daily tasks.
2. While apple's sales increase most other music downloads, legally and illegally, decrease as most music items like Ipods restrict the music you can place on your device.
3. The fastest growing market on facebook is 55-66 year old women, which means that we are informed of our target group, and what they are interested in.
4. It allows their product to be sold via word of mouth. For example, if ben likes his new Ipod and tweets about it then his friends are more likely to buy it than if they see an add.
5. Many sites now use systems to track what items you buy or what your age group likes and can send you emails or advertisements.
6. The Economy is now driven by people because they can choose what they want and basically advertise to friends what items are good and bad, or what items they want allowing companies to produce what they want.
1. The internet is easier to access, is user friendly, and is a way to connect and research events.
2. Those companies can earn lots of money from downloads of music, video, and apps, although some music and videos are downloaded illegally.
3. The fastest growing market segment on facebook are women age 55-65. This informations can allow companies to display ads directed at that specific age group.
4. Twitter can be important for companies as it can be used as a means of advertising to the public and informing them of recently released products/services.
5. Products will find us on the internet via social media.
6. People Driven Economy refers to the people on the internet that push businesses to make products and services for the public based on their ideas and recommendations.
1. I beilive that our generation was more accustomed to technology and the internet was quickly accepted as a new fad.
2. Companies that offer music get a better profit with Ipod downloads because it is so much more efficient for consumers to purchase the music online. Theres also a bad side to this modern technology because customers download music illegally, stealing profit from compainies.
3. The growing market segment on Facebook is middle aged women from 55-60. This is important to someone concerned with online commerce because it helps them form the ads on the website more toward that market.
4. If a consumer had a bad experience with a product they can easily post on Twitter and millions of people will know. It's very important to companies that Twitter is the new word of mouth advertising because they need to make their products more reliable.
5. Products can find us through the internet. Computer cookies exist where the computer will watch what you do on the internet and pop up ads will appear that they think will best fit who you are.
6. People in todays world are driving the economy and how we do certainn things. People decide what sells in the market and what doesnt.
1. It took television 13yrs to have 50 million user but only took the Internet 4yrs. Why do you think the Internet gained users so much faster?
The computaer was new to the world so people were on it right away...it took televisoin so much longer to get to so many people.(technology advnaced)
2. Ipod downloads hit 1billion in a nine month span. What do you think are the ramifications for companies that offer music, video and other down loadable apps to customers?
The ramifications of downloadable productes is based on the coustomers and there intersts...and the convienence to them at home.
3. Who is the fastest growing market segment on Facebook? As someone who is concerned with online commerce why do we care about this information?
55-66 year old women are the fastest growing segment on facebook. Its important to people posting ads on fb...they can know there target audience.
4. Twitter is the new word of mouth advertising on the Internet. Why do you think this is so important for companies that sell product online or in a retail store?
Twitter is a great way to advertise considering celebraties can tweet good or bad about a product and get their opinion out to the public....there product can lie in the hands of one celeb.
5. Explain how products will find you in the future or even now?
Pop-ups on your computer are advertisments and who knows...you might be interested in them. Also products can be up in your scroll bar.
6. What do you think "People Driven Economy Means"?
The people decide what survives and what doesnt in the economy.
1. I think the Internet gained users so much faster than television because it has many more applications and updates faster.
2. Some ramifications include things such as television, radio, and other technology becoming obsolete. Also, illegal downloading is likely to occur, taking money from people who actually made a certain song or video. Using apps, information and products are spread much faster.
3. The fastest growing market segment on Facebook is 55-65 year old women. This is of concern to us because our target audience changes and our advertising techniques must change with it.
4. Over 78% of people listen to people over social media for product reviews. Only about 14% of people trust advertisements now. This affects the ability of companies to sell products online and in retail stores accordingly.
5. Products will most likely find me through social media.
6. I think "People Driven Economy" means that the opinions of normal people are what influences companies, and as a result, the economy as a whole.
1. With the Internet, you can get any information that you want right away. You can't choose what shows are playing on TV right now, but you can choose what show you want to watch on the Internet instantly using YouTube or Hulu. The Internet grew faster because people could find exactly what they wanted whenever they wanted to find it.
2. Sales for companies that offer downloadable music, videos, or apps will have huge growth as more and more people buy Ipods and want to buy stuff to download onto it. However, some people don't like how expensive it is to buy all the songs and apps you want, so use of illegal downloading sites as increased too.
3. The fastest growing market segment on Facebook is 55 to 65 year old women. This is important because business owners will want to create more online ads and products that appeal to middle aged women.
4. Twitter is important to online and retail stores because if people like a store, they'll post it on Twitter and business will improve. However, if they don't like a store, everyone on Twitter will see it and business will go down.
5. Products nowadays and in the future will find us through social media. Businesses are creating accounts on Twitter, Facebook, and other social media sites so that they can advertise to people online.
6. I think that a "people driven economy" means that people spread the word about products rather than companies themselves. Ads on tv or radio are basically useless now. If people like a product, everyone on Facebook or Twitter will find out about it. So it's really up to people using social media to advertise products.
1. I think it took television so much longer to become so popular because radio, newspaper, and word of mouth was the only way people were getting information about it. But with internet it had ads in the newspaper, word of mouth, raido and on the television. plus it was new and exciting with so much possiblities where there werent as many possibilities and "unknowns" with television.
2.The ramifications are good and bad, it can be positive with itunes where people have to pay for their downloads. but bad for artisits and companies that are getting ripped off by illegal downloaders.
3. 55-66 year old females are the fastest growing market segment on Facebook. because people who make ads on fb can see who they need to make the ads for.
4.It's important because they can get celebrities and people to talk about their store or products and SO MANY MORE people will see/read about it which could have a positive or a negative out come for that particular company.
5.Products will find us over sites like facebook and twitter because one person can talk about it and then everyone knows about it and will become more interested in it and will eventually want to look more into it and buy stuff.
6. I think that means that we drive the ecomony, like with out our opinions and experiences getting onto places like facebook and twitter, less people find out about it, but with the expansions of these sites more people will become aware of products and buy stuff and get the economy a boomin.
1. The internet made everything accessible to the everyone. It really made a difference in the lives of people where as the TV was very expensive at first and took a while to become available to the average person.
2. iTunes may have made an impact on some businesses like Rhapsody and Napster, but the bigger problem is people downloading music illegally. It takes away money from computerized music providers as well as CD produces.
3. Middle aged women are the fastest growing market segment on facebook. Someone concerned with ecommerce we can use this as an oppurtunity to advertise with that market segment in mind.
4. People can post links to the stores website and products that they like as well as make it easily accessible for people to look up a product someone mentioned on twitter.
5. On Facebook you can see advertisements that are related to thing you have "liked" on Facebook. Also websites have advertisements for products similar to their own so that you can see other things you may be interested in.
6. I think that "people driven economy" means that the consumer controls the economy. Based on our opinion of products, quality of service, and buying experience we control what other people are going to buy and where they will spend their money.
1.Television when it first came out was not as technologically advanced as the internet was when it was first created.
2.The positive ramafications of downlaodable products to a customer is the convience factor, they dont have to go to some store to get the product, they can get it at home. The negative ramifications of downlable products is that customers can illegally spread your products to other customers free of charge resulting in loss of product.
3. 55-66 year old women are the fastest growing market segment on facebook. It is important to have a target market.
4.It is important to companies that they know how powerful twitter can be, because if they sell a bad product, the consumer of the product can talk bad about it and all there followers will believe them.
5.Products find you because there are advertisments on web pages.
6.People are in control of what happends with the economy.
1. I think that it took the tv so long to get so many views because it is used mainly for intertainment and is not as good for information as an encyclopedia while the internet can offer research as well as entertainment and other things
2. I think that the good part about this is that it allows companies a chance to make money online and expand their business online instead of in the real world. This is bad though because now people can illegaly download music from sharing sites instead of purchising it from the sites meaning that people are loosing money.
3. The fastest growing markey segment on facebook is wemon who are 55 to 65. I would care about this information because it tells me about some of the people who i might find on this website and gives me knowledge as to what advertisements I might see.
4. Twitter is important to companies because twitter allows for people to review a companies product meaning that if it is good than the product will get good reputation and make more sales, but if it is bad this means that less people will buy the product trusting their peers over advertisers
5. In the future products will find me based on my information found on social media sites such as facebook. They will find me based on what they think that I will like.
6. People Driven Economy means that the economy is run by the people's choices. If people like a product it will thrive while if they don't the product will fade off and eventually dissapear.
1. You can watch T.V. on the internet and do more so there was already a good cause to go on.
2. Lots of money is made for the company. However lots of money is lost due to illegal downloads.
3. 55-62 year old women are the fastest growing segment on Facebook. This tells us that most advertizment seen are going on to be targeted to them.
4. If you bought a bad product somewhere then everyone who was tweeted to knows. That could cause a huge loss of money for the company.
5. Products are even now being advertized on websites that we see everyday. So we might want that product even though we weren't looking for it.
6. The people decide what they buy. As such what becomes successful part of the ecomonmmy is purely chosen by the people.
1. I think the Internet gained users much more faster than the television did because the Internet can do so much more than a tv can.
2. Ramifications for companies that offer music, video, and other downloadable apps can be both good and bad. The icnrease in Ipod users means more money for the companies, but also, many people illegally download music which can also make the company lose money.
3. The fastest growing market segment on Facebook is 55-65 year-old women. For someone who is concerned with online commerce, this is good for some companies, because their target audience may be 55-65 year-old women, so now they can invest more money into their online company site because more of their customers are online.
4. If someone says something bad about a product or company on Twitter, this can really hurt that company. People are more likely to listen to what their peers have to say and with their opinion being on Twitter, that means more than just their friends will see it. Anyone who is following that person will see what they have to say, and that could be hundreds of thousands. However, if someone likes a product or company and posts that on Twitter, that could really help the company!
5. With the huge amount of time people spend on the Internet nowadays, companies are investing more time and money into advertisements online. Whereever you go online, you're bound to see an advertisement of some sort. If you are trying to watch a video online, there will most likely be an ad before the video starts, and you are forced to watch that ad. You are then informed about maybe a new product, movie, or company.
6. I think People Driven Economy means that our economy depends on the people of this country. What the people do and say will affect what other people do and/or say and will in turn affect our economy.
1.Because the internet has helped our society make ease of our everyday tasks more so than t.v. has.
2.The people that offer these downloads could get money from the apps people are buying if it is their apps. The people that are helping with illegal downloads are taking money away from the companies. So this has good and bad ramifications.
3.Females from around age 55 to 66 are the fastest growing market segments on Facebook. Someone that is concerned with online commerce would want to know this information to know who their target audience is.
4.Companies want to know that Twitter is the new word of mouth because they want to know what other people think about their products. People will post good or bad comments about the company on Twitter so they will know more about how the public feels about them. This is also a good place for the company to put out ads and see what their target audience likes.
5.I will find out about products through the news, commercials during shows i am watching, ads on the internet or through my friends over Twitter, Facebook, or in person.
6.I think people driven economy means when the people are puting forth our opinions and what the people want is how the goverment knows how to run the country smoothly. The people will state what they want and the companies will put out their products due to the circumstances.
1. The internet is easier to access and use. It's more user friendly. Internet is a way to connect and research for the things we need instantly.
2. The companies that offer music, video, and other downloadable apps to customers have ramificiations that can be good and bad. Legally,they can have a huge market increase. Or illegaly, musicians can get scammed out of their money because of people illegally selling music or handing them out for free.
3. The fastest growing market segment on facebook is the women of 55-65 age. Because of this information, we can put commercials on the facebook that is directed towards that age group.
4. The twitter world is a big deal now for advertising through the internet. A simple word of approvement from someone who has many follwers can encourage others to go out and buy that same product. Or in turn, by a bad rating, people won't go out and buy the product. It is important for the companies to make a good impression.
5.Products will find us in the future through pop-up ads, ads on the side of the page's bar, or when people tweet about a product.
6. People Driven Economy means when the buisness men will look to the people's needs and produce products to obtain their needs.
1. The internet gained so many users so quickly because it became easy to access for everyone and it had so much information that it became how most people could now post and find out new information.
2. Companies like iTunes would make tremendous profit because they charge for each song and there are so many downloads per day. However, because they charge per song, they lose customers to illegal websites where you can download music for free. Those companies take profits from companies like iTunes.
3. Middle aged women are the fastest growing market segment on Facebook. A person who is concerned with online commerce could take that piece of information and put ads for products that middle aged women would like.
4. The companies have to be really good at customer service because people have Twitters and Facebooks and can now easily trash talk companies that they are not pleased with all over the internet. People trust other people more than they do advertisements so more people will listen to the person who had a bad experience with the company.
5. Products will be able to find us because Facebook can now put advertisements on the sidebar of your homepage that are specifically fit to your interests and the things you've "liked" on Facebook. You will find out about new products that companies think you will like.
6. A people driven economy is where a company will target a specific type of person in their advertisements and it's those people that will make the economy run and prosper.
1. By the time that the internet came out people were more adapted to modern technology.The younger population picked up the new technology more quickly.
2.The other companies can either struggle or flourish. People spending money on apps is good. People downloading illegally is bad.
3. The fastest growing market segment is the 55-66 year old women. This is important becasue if i wanted to sell a product to old women i know where to advertise
4. Companies can reach possible customers immediately, and give them real time info on specials or sales. Its also a way of marketing.
5. Products will be in advertisments and in side bars on the internet.
6. A People driven economy is when the people decide whats in the market to sell. They are indirectly the head of the economy
1. internet gained users so much faster than televison becuase they realized they didnt have to deal with as much advertising. You can also watch T.V. on the internet.
2.All download companies are going to skyrocket due to the 1billion downloads in nine months. Some illegal music sites might see a decline in their sales dude to the advancement of itunes.
3.55-66 year old women, we care about this because they are our target audience.
4.For companies that sell products online or in a retail store twitter is big for them becuase if they sell justin beiber a product he doesnt like he could tweet bad about it and then 11 million beleibers would think bad about the company.
5.products will be able to find us over socail networking sites and they will also be able to pop up as advertiements when we are vistiting differnt webpages. companies also send out emails
6.it means that the people of the ecomony are in control and everything is caused by poeple
1. The Internet gained users so much faster because it was accessible to more people. With televisions, you had to go out and buy a TV. With the Internet, many people already owned computers, so they just had to update their system.
2. The ramifications for companies that offer downloadable apps can be both good and bad. The good results include accessibility and a great marketing opportunity for companies like Apple. However, with music and videos available online, many people illegally download them. This results in less money for the artists and companies.
3. The fastest growing segment on Facebook was females age 55-66. These people are the target audience, so many of the advertisements are aimed at this group.
4. Knowing that Twitter is the new word of mouth advertising is important to many retail companies. Rather than pay for advertisements in newspapers and on TV, they could pay people to post good things about their product on Twitter. This would be especially successful if they could get a celebrity to indorse the product.
5. In the future, and a little bit now, products will find people on Facebook, Twitter, and other social networking sites. By having advertisements in the sidebar on the Internet, they ensure more traffic than if they were to post the advertisements anywhere else.
6. "People Driven Economy" means that companies are trying to make products for specific groups of people. The decisions these groups make are the determining factor in which products are successful instead of people settling with whichever products are available.
1.I think the internet gained users faster becuase you can acess soo much more things.
2.They could eaither make no money because of illigal downloads, or they could make alot of money becuase people are buying thier apps
3.55-60 year old woman
4.Yes i think it is important becuase they could inform thier Customers about thier products.
5. I will see the products on twitter or facebook, or on adds.
6. Companys will want to sell what the people want. People have control of the economy.
1. The internet is alot easier to access across the world due to the differnt technologies used while tv costed alot more money when they first emerged. Information is found through the questions we ask instead of what answeres are given to us via television media.
2. Some ramifications for companies that offer music would be positive and negative. People love music therefore people will download music always but not neccessarily legally. Apple may get lots of money through music downloads but it will also lose many customers due tue the growing number of illegal music downloading sites. Wherever this is somewhere to buy something on the internet there will be always a way to get it for free.
3. The fastest growing segment on Facebook would be middle-agged women. This is important to commerce because companies will targert ceratian users with advertisments that will be of interest to that certatin segment.
4.Companies will always want positive reviews on their products so they will want users on Twitter to say positive things about them. Companies could also check up on how they are doing buy looking for posts related to them on Twitter.
5. Products will find me with advertising that is currently flooding the internet on social media websites so i will see a new product on a advert before I even hear of it.
6. A People Driven Economy means that people on social media or other websites as such will drive the frontier that companies will want to advertise too cause of their high interest in technology. When someone visits a seocial media website multiple times a day that is just a new oppurtunity for a company to advertise.
1.I think that television took 9 years longer than internet to reach 50 million users because computers were already available to some people and they could be used for more than entertainment. There is also more that you can do with the internet. All you can do with a TV is watch it, you can do anything on the internet.
2.Companies that offer downloadable items for their customers will pull in more revenue because the iPod is already something that everyone has, and it won't just pertain to certain peoples interest. The apps and other items are also a lot easier to get, so they will bring in revenue that way. Some negative ramifications that will result from these companies are a loss of money for some companies. A lot of people will lose money because since these products are electronic, they are easier to be copied and given out. Music stores and places like that will also lose money because their products will now be bought in other places.
3.The fastest growing market segment on facebook is women ages 55 to 65. This shows that everyone is now getting involved in this since it started with young people and is now grown to older people/
4.Companies now have to be more careful with their service and products because it is now easier for a bad review to be put out through twitter, and it reaches more people.
5.In the future, we will probably find products through the internet. Whether buying electronic products on the internet, or ordering them on the internet and having them sent to you.
6."People driven economy" Means that the people decide what they want to buy, and this determines the economy.
1. The internet is used in more ways than just intertainment like the tv.
2. They get lots of money. They also lose money from people illegially downloading stuff.
3. The fastist growing market segment on Facebook is middle aged women. We should care about this because that will be the main target audience for most advertiseing.
4. This is important for companies because if someone says something bad about their product, lots of people will see it.
5. If you search for something, similar products will pop up to get you to buy it.
6. It means that the Economy is controled by the consumer.
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