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According to IDC, the e-commerce applications market is projected to reach $16.88 billion in license and maintenance revenue by 2006, increasing at a compound annual growth rate (CAGR) of 25%. The success of E-commerce to show the world that a company like Amazon.com can indeed be profitable and the potential of E-commerce have influenced companies of the New Economy. Many company has thus far go online to gain the benefits as well as gain experience in what will become the future of business.

In the 1980's, all business were required to show that have good products in order for the investors to be convinced any company is worth their dollars and cents. In the late 80's, business began to realize that brading is more important than products, even though products of the company still needs to be of good quality.

In the 1990's, branding becomes the crucial corporate concept for establishing sales channels where their products will be sold through. Where they good are being made does not matter as much as what brand the product belongs to. Thus, it is the company's image of producing quility goods that the consumer is concerned with.

In today's context, brand owners are taking a step further to strenthen their concept on brand ownership through the Internet. It is thru that when you are on the Internet, it is not easy for someone to find you when you do not know how to reach out to the mass; but for someone to find you using the manual way if you are not on the Internet is even harder. Being on the Net allows you to get search by people who are looking specifically for your products and services. Serching for a needle in a haystack is much easier on the Internet then in an ocean of telephone wires!

This is the reason why many business has included the Internet as a channel of providing information to the public as well as communication and business transactions. With technology constantly improving, the cost of setting up business on the Net has become lower and lower throughout the years. More devices are able to connect to the Net due to recent improvement in hardware and software technologies. Due to the ability of being able to connect various devices, the reach has become really vast and wide.

It is easy to see this trend by looking at the Mobile Phone market. Everyday, thousands of people around the world is getting a new mobilephone due to its convenience of being able to talk to anyone without the restriction of being fixed in a location.

Short Messaging has become the mandatory activity of millions of mobile phone users around the world. The cost of owning a mobile phone is many times more expensive then fixed line cost, yet the convenience is just too great to give a miss. The mobile revolution will continue into the next phase, which will be the mobile data revolution.

Short Messaging as well as Multimedia Messaging will be transacted using data connections instead of circuit switching technology. This will mean that a vast majority of the mobile devices including Personal Digital Assistants (PDAs) will be connected to the Internet. It is easy to see why the Internet will be the future of where business will be conducted.

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Internet Point Of Sales

1. manage your sales turnover at a single access point

2. know what are the sales generated from all your franchise outlets

3. consolidate total sales for the day within minutes and know your market position

4. get linked up even if your franchise business is international

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