Introduction

 

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Updated: 18th May 2009 

Here is a look at some of the industry statistics of how many people have joined a home based business each year.

  • Every year the MLM industry has been increasing and on the average the MLM industry will see an increase of around 600,000 people each year.
  • While most people who decide to join an MLM actually decide to work from home on a full time basis there are still plenty of people who decide to just supplement their income, which means they take on the MLM as a part time job rather than working full time. The amount of people who are actually working from home part time is around 23 million people, while the amount of people who are working from home on a full time basis is around 14 million people. The reason for this is that more people want to supplement their income rather than replacing their current income because many people feel that MLM jobs might not be as stable as working for another company.
  • Something else that we need to keep in mind is that by the end of the next decade over 46% of the people in the world will actually be working from home and the best news is that their success rate is actually over 85%.

 

 

E-Commerce & Internet Industry

Relatively strong growth was seen in the global Internet and E-Commerce sector in 2007-2008, despite the global economic crisis. Growth in 2009-2010 will be centered on worldwide use of the Internet in general, access to the Internet via mobile devices and consumer access to entertainment online (such as television programs viewed online). Consumer purchases will be relatively weak, due to tough economic times. For example, sales on eBay were soft in the final quarter or 2008, and booming online shoe retailer Zappos decided to layoff several employees in 2008. The standout winner in e-commerce of late is Amazon, where sales soared in 2008 thanks to aggressive discount pricing and an ever-growing variety of merchandise categories. Amazon’s fourth quarter 2008 sales were up 18% on a global basis. Outside the U.S. (including the U.K., Germany, Japan, France and China), Amazon’s sales for that quarter were up 31% over the same period for the previous year when foreign currency exchange rate changes are ignored. Clearly, there is growing adoption of online consumer purchases throughout the world’s major economies.

Worldwide (with 6 billion population and growing), about 1.5 billion people are using the Internet. China now holds the world’s highest number of Internet users, at an estimated 300 million as of early 2009.

The number of American homes and businesses with broadband access capabilities officially reached 120 million by the beginning of 2008, thanks to declining monthly fees at Internet service providers. By the beginning of 2009, those fast U.S. connections had grown to an estimated 145 million. As a result of this mass market, a plethora of new services, entertainment options and timesaving solutions have become widely available online. The U.S. population is becoming more tech-savvy, with at least 72% of American adults surfing the net on a regular basis. Confidence in security for online transactions is on the rise, as is the ease of use of most retail web sites.

Analysts at IDC estimated online advertising expenditures in the U.S. totaled $25.5 billion during 2007, and will grow to $51.1 billion in 2012. Major advertisers are expanding their online advertising budgets rapidly. Analysts at eMarketer estimate U.S. online advertising a bit lower at $23.6 billion during 2008. Online advertising in 2009 will account for about 8.5% of all ad expenditures in the U.S. Using the same ratio of 8.5% on a global basis would lead to an estimate that worldwide online advertising spending was about $55.5 billion in 2008.

Retailing online continues to be a booming business. Total online sales reached approximately $131 billion in the U.S. during 2007 (not including sales of travel), according to eMarketer, and will grow to $183.9 billion in 2012. Plunkett Research estimates those sales were $145.6 billion in 2008.

U.S. travel sales online for 2008 were about $105 billion, according to eMarketer, or about 14.2% of all U.S. travel expenditures. Plunkett Research estimates global travel expenditures online at about $300 billion for 2008.

A significant evolution is taking place in the world of business, as more and more telecommunications move to the Internet. VOIP continues to grow in popularity, both at home and at the office. Meanwhile, the concept of “unified communication” threatens to completely revolutionize business communications by combining all communications into one screen on the desktop, including phone, fax, email, IM, voice mail and teleconferencing. Voice communications will be digitized and archived, just as email is today. A user’s communications tools will move seamlessly from the desktop to the mobile device.

Convergence Arrives: The Internet is about saving time (and therefore saving money), and the potential of the Internet has barely been tapped. New methods of taking advantage of efficiencies are becoming widely accepted, as access to high-speed broadband Internet connections becomes commonplace. Users of the Internet (both business and consumer) are multiplying around the globe, and many companies are earning terrific profits in the process of serving those users. The long awaited phenomenon of “convergence” of entertainment, computing and communications has arrived. One of the most exciting examples of such convergence is the phenomenal success of Apple’s iTunes online music service. During 2007, iTunes captured about 70% of worldwide online digital music sales, and strengthened its hold on the music download industry thanks to Apple’s incredibly popular personal digital music player—the iPod. Thanks to the iPod and other entertainment devices, viewers are turning to the Internet for television shows and movie downloads to a growing extent.