I have never been to an online expo before yesterday, so I had no idea of what to expect when I signed up for eComXpo which runs from March 19 – March 22. When I first arrived into the “Convention Hall” I was pleasantly surprised. It was more professional than I thought it would be and it has tons of useful information. The speakers I listened to didn’t really pertain to my area of business, but it was still interesting to listen to industry experts and how they leverage their knowledge on the Internet to make money for themselves and their clients/businesses.
I am more interested in today’s presentations, especially the debate moderated by Sean Collins regarding Web 2.0 and the evolution of the Internet. Web 2.0 is distinctive from Web 1.0; Web 1.0 is comprised of applications offering products containing private data and Web 2.0 are platforms offer services whose information can be shared across different users. Data is shared freely across different sites, companies, databases, etc. The Internet is becoming a more cozy place with more people actively participating in the wide reach the Internet provides.
Blogs and social networks (My Space, Xango, etc.) are already huge and they will continue to grow in popularity. The ease of setting up a personalized website has never been easier as companies share their platforms with average people using the Internet.
Business is at an all time high on the Internet, from advertising to retail, the Internet has never had such a high level of commerce. Many companies are rethinking their antiquated marketing plans and readjusting them for the present state of the Web. It is not just big businesses on the Internet in 2007, the majority of commercial sites are smaller niche sites trying to make their way by compiling the massive amount of data shared across the Internet. The future is in companies that can develop cost-effective services and trust users to submit data to further improve their business model.
I will check back later in the day after some of these speakers and debates.