dotcomfailures

dot.com failures a discussion of why dot.coms have not been successful, in the context of the influencing environments

Category:

Education

Tags:

• witiger
• UTSC
• UTM
• Seneca
• College
• e-commerce
• failures
• dot.com
• bust

[shivanihanda689]

For example Egghead.com got bankrupt because the website didn't offer any of its products online and there was no way for customers to inquire about the availability of certain products. The website failed due to lack of product offering. All it offered was high speed internet access.

MGD415

Shivani H

[profwitiger]

@shivanihanda689 good point

[JOR23DAN34]

I find it interesting to look back only a few years 2012 to 2009.

We see our geographic environment at the time of the video was cold, yet currently our winter is suprisingly warm.

This small change has the power to affect several industries such as local ski hills, snow removal equipment and services, winter clothing sales long term if this continues.

Our currency is also around 0.80 U.S dollars in the video, our exports are hurting as the result of a much higher Canadian dollar in 2010+

[profwitiger]

@JOR23DAN34 excellent understanding Jordan

[arocenatrisha]

I know that this is a bit late, but I think that the class discussion regarding dot.com markets from prior classes pointed out a lot of probable causes for failure. For example, it was mentioned that certain retail stores with their own websites took away from the actuality of shopping in the store. Instead, the retail website allowed customers to shop online. In this light, we can sort of label the website as its own competition.

[profwitiger]

arocenatrisha - thanks, you made 3 comments on my videos in the last day, but i haveno idea who you are, you did not indicate which college/university, which course, or your first name and last initial

[xkonrad]

I find that in e-markets and e-businesses, many people have ideas, but at the end of the day they are just ideas. Though the idea and thought is put out onto a webspace, the idea may not always work, this is due to web project managers thinking that a cookie cutter website will help benefit profits. Businesses need to understand that GOPST and SWOT analysis and such need to be though of before exploring e-businesses.

-Konrad Sit

MGD415

[shivanihanda689]

Also, another way to look at this could be that the many of these websites failed because of the economic pressure plus the lack of understanding of Goals and Objectives (mentioned in the GOPST lecture). The existence of many websites had raised the question, what was the purpose of the site?

[x3triLogyx3]

Increasingly, search engines are being tuned to to categorize query resultss according to these semantic standards and dotcoms that fail to conform to this shifting paradigm will find themselves struggling to rank among their competitors. Marc N pt.2