Statistical Facts and Demographics about the Internet Summary:

Statistics

14 billionaires were created by the internet in 1999, in addition to countless millionaires.

750 families go online every hour.

E-commerce doubles every 200 days

In 5 years, 90% of Americans will be online.

Shoppers will spend $61.1 billion at North American internet sites this year, an 85% increase over last year. Sales are increasing as the 80 million consumers with internet access become more comfortable with shopping online and more websites figure out how to convert visitors into buyers.

Every 1.67 seconds a new user jumps on the Internet = 1.58 million new users a month! -eMarketer.com

“Soon there will be only two kinds of businesses, those online and those out of business." -Bill Gates

Before selling online, Dell Computers generated $1 million a week, now online it’s $40 million a day!

There are 200 million internet users and projections are there will be 1 billion by 2005.

Demographics

When Fortune magazine described the 40 richest people under 40 they said, “They’re young, smart and on the Net.”

The number of small businesses with websites has nearly doubled since 1998 and quadrupled since 1997.

The number of small businesses with websites is expected to increase by 2.1 million next year.

69% of small business would use the internet to promote their products or services to prospective customers.

57% would use the internet for ecommerce.

48% would improve or provide better customer service.

The number of baby boomers and seniors online grew by 18.4% last year, making them the fastest growing internet population, according to Media Metrix. This group now comprises 20% of total online users. The analysis also shows that 45-64 year olds surf the internet more frequently, stay there longer, and check out more web pages than their college age counterparts. Internet marketers with an eye on the future are discovering how focusing on this overlooked, high-spending audience can be a wise business strategy. Of all age groups, 45-64 year olds have the most credit cards, the highest usage, as well as the highest percentage of frequent flyer miles.

Currently there are more than 40 million home-based businessesin North America with a projected 60 million within the next2 to 5 years.

Merging the Internet and the $80 Billion Dollar Network Marketing Industry is the perfect hi-tech, hi-touch combination.

College of Internet and E-Commerce Test (to be used while taking the test)

College of Internet and E-Commerce Hallway