The use of personal computers Latest Mailing Database, mobile phones and the internet was still experiencing its first period of growth, so the average person sitting Latest Mailing Database in front of their behemoth CRT monitor hadn't grasped the potential of the web quite yet. It didn't take long though. companies selling anything from Latest Mailing Database sock puppets to toothbrushes at unbelievably low prices were popping up all over the place. Beady eyed investors saw the potential in dot-coms: little overhead and massive profit.
The credit industry chimed in with low interest rates and blanket Latest Mailing Database application acceptances, knowing there was money to be made. Unfortunately and predictably, the house of cards fell. Dot-coms were collapsing Latest Mailing Database by the dozens and investors saw billions of dollars seemingly evaporate into thin air within a very short period. Since that dark period in the early history of ecommerce, there have been countless research studies Latest Mailing Database conducted in an effort to answer the desperate whys and how's being screamed from bankruptcy courts around Latest Mailing Database the nation. By now we have all heard the answer explained in long winded speeches about boom and bust cycles etc.
In the end the collapse Latest Mailing Database of the bubble was the inevitable outcome of greed on a massive scale, more specifically, unchecked greed with few security protocols and no governing body. The birth of the 1990's brought a wider availability of personal computers Latest Mailing Database and the internet, but the 21st century brought mobility to the internet. According to CTIA the Wireless Association, there were just over 109 million mobile phone users in the US in 2000, that's 38% of the population. Of course at that point the smartphone Latest Mailing Database was clunky and fairly unusable so few people owned one. Eight years later the number of mobile phone users more than doubled to 262 million, 85% of the population.