"Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks." Warren Buffet
Online Holiday sales in 2005 exceeded 19 billion. Do you know how much money that is? That's nineteen (19) stacks of thousand dollar bills stretching into the sky twice the height of the Empire State building.
Stacks of thousand dollar bills. Over 3,000 feet high. Spent online. Just in November and December last year.
What's even more amazing than trying to visualize that much money exchanging hands in sixty days flat is that small businesses scooped almost half of it. Just over 45% of those billions in sales went to small businesses.
According to Forrester Research, small businesses are doing so well for two reasons; the ease in finding small merchants via search engines and "consumers who are fussier than ever."
In just a few weeks, it will start again. We are mere weeks away from the holiday spending frenzy.
This article is short and to the point. I ask you this? How's your boat?
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