Thursday, November 12, 2009

Chapter 9 BOC

“The value of your business comes down to the size and quality of your customer base. If there's no market demand of buyers, then your business has little value or life expectancy!” (Success Secrets of the Online Marketing Superstars, p.107)

This quote has perhaps the only truth that matters. Its truth can be seen in websites like Google, Twitter, and Facebook. They all began with little to no money-making ability. Twitter still retains no advertising, actually. Facebook began advertising only when their membership truly began steamrolling forward. Google offers tremendous numbers of products, from just searching to YouTube to GMail. All three retain extremely high customer base size and quality.

This is what made Facebook worth millions. This is what made Google become the shocking size and value it is today, openly traded on stock market. This is what makes Twitter valuable, without having any money-making abilities yet. This is the goal of any internet business, ever.

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