To: William Vu who wrote (978 ) 3/24/1998 1:37:00 AM From: Pauly Read Replies (1) | Respond to of 4903
William, I'll concede the point that it would be meaningful for ONSL to publish statistics about how many of their customers remain active. However, you seem to be saying that many of their customers are "dead", when there is no statistical proof of this. To me, the numbers seem to imply just the opposite. To change subjects, several posters on this forum have implied that competition is going to kill ONSL, because barriers to entry are low, etc. This thinking seems to imply that eCommerce is a "winner take all" business. I don't believe so. I think there is room for 2, 3 or 4 major brands, just as there are 2 or 3 major softdrink companies, and 2 or 3 bookstore brands, etc. Why do these posters assume that ONSL will be destroyed by the other guys? I believe that ONSL has better brand recognition right now than any other cyber shopping site. And if 2 or 3 other cybershopping sites become successful, this does not mean that ONSL will not remain successful also. Ultimately, it is brands that win. The most important things ONSL can do is build their brand, build their customer base, and invest in their infrastructure to handle a greater volume of orders. It appears they are doing all these things. And they have a headstart on the other guys. When you invest in ONSL, you are stating your belief in the future of eCommerce and the internet. Buying products on the internet will be as commonplace as buying from a catalog is today, if it isn't already. By investing in ONSL, you are hoping that they will have a chunk of this pie. Will they have the whole pie? Of course not, but who cares. Also, I have gone to some of those other auction sites, and ONSL's site seems better, although I have not tried cybershop.com. And ONSL continues to remain the number one most visited shopping site, as another poster recently pointed out.