Open Source Commerce
Open Source Commerce is one of the biggest developments of the last few years on the business scene. It is really just starting to mature and is already extremely popular and secure. It provides the same service that has previously costs hundreds of dollars, i.e. a complete functional shopping cart and it doesn’t cost a penny. Virtue Mart is at the head of this crazy and is poised to completely redefine the e-business world. I’d tell you to buy stock in it, if they were selling, but their model is they simply give the product away. A product other companies charge hundreds of dollars for, and people gladly pay!
When you start an online store, especially if you have a pre-existing website, you generate new sales immediately. While some of the sales are transfer from people who would have bought at your store anyway, many of them would have gone to a competitor simply because that is how consumers function; they see, they buy. Furthermore, online sales are much better for your business because with OS Commerce there are greatly reduced costs. You don’t need a sales rep to sell the product, a shelf boy to stock it or a cashier to sell it; the website does everything.
The greatest implications of OS Commerce will be in the fields of media. Music will be sold online, at the price it costs the artist to make it (around a dollar an ALBUM not a song). Within the next 15 years this will become the default standard; there is absolutely no reason why it will not. The huge distribution networks formerly required are all completely erased by the internet.
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