ST. PETERSBURG, FL--(Marketwire - Aug 29, 2012) - Forbes reports that, after 15 years of development, e-commerce has settled into its place in the retail industry. Moneyonthego.net agrees that e-commerce is more important to consumers than ever before, and the organization is looking forward to the ways in which this field will continue to evolve.
According to the article, e-commerce took a relatively long time to "settle from the battle for first generation e-commerce supremacy." After Amazon.com claimed its stake, and finally solidified its place as a leader in this field, new e-commerce endeavors are rising up and changing the game. The article cites the online photo market as a prime example, as it has gone through four leaders (Photobucket, Flickr, Facebook, and Instagram) and market majority is almost certain to continue to shift hands.
Several factors have played a role in the slow establishment of the e-commerce market. The article cites difficulties navigating paid and social sites, challenges of brick and mortar retailers adopting Internet operations, the revolutionary surge of business achieved by Amazon, and the consolidation of skills necessary to successfully operate in the e-commerce field as factors that have slowed the establishment of the online retail industry.
Moneyonthego.net believes that the fight to secure an online presence in the retail industry, given the challenges that brands have faced, demonstrates which organizations are built to last and which will have a difficult time functioning on the new playing field.
Greg Bielawski, spokesperson for Moneyonthego.net, asserts that the Internet is the future of retail and companies need to keep up to stay relevant: "The article's assertion that brick and mortar stores are not a dying breed is true and important to keep in mind; however, it is also true that online retail is a critical aspect of a well-rounded brand. While Internet-based stores do not have to have a brick and mortar location to be successful, brick and mortar stores increasingly rely upon their online assets to expand their brands and sustain sales."
Bielawski goes on to say that a successful online presence is more than a well-designed website. "The key is in understanding what a website provides," explains Bielawski. "There is more to it than simply purchasing options. Consumers go to company websites for customer service, support, and information."
Moneyonthego.net is an online, member-based retailer that offers over 80,000 products in its Rewards Mall catalogue. This diverse product listing, ranging from electronics to apparel, allows members to optimize their savings through the Moneyonthego.net rewards program. Each new member is extended a $2,500 shopping credit to use at its online Rewards Mall. Members also receive a Prepaid MasterCard, which accumulates one point for each dollar that is loaded onto it. Members can redeem these points in the Rewards Mall, up to 1,000 per month, by applying them to purchases of items in the catalogue.
For more information about Moneyonthego.net, and to learn more about membership options, visit www.moneyonthego.net.