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Webonomics : Nine Essential Principles for Growing Your Business on the World Wide Web
 
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Webonomics : Nine Essential Principles for Growing Your Business on the World Wide Web [Hardcover]

Evan I. Schwartz (Author)
4.4 out of 5 stars  See all reviews (74 customer reviews)


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Book Description

April 7, 1997
The World Wide Web has become the most important new communications medium since television, with tens of millions of people now on-line and Web sites
springing up at the rate of one per minute.  It has also created a digital marketplace where consumers can search for the best deals and services in an instant.  While almost everyone agrees that the Web provides excellent marketing opportunities, many businesses don't know how to use it effectively and have been losing millions of dollars because of it.  

In Webonomics, Evan I. Schwartz shows how the new Web economy mirrors the traditional economy in some ways but also exhibits entirely unique
properties of its own.  Using numerous case studies of corporations such as IBM, Volvo, Playboy Enterprises, and Wells Fargo bank, as well as smaller companies and web-based start-ups, Schwartz documents both the tremendous failures and successes on the Web in a multitude of industries.  

Defining nine essential principles for growing your business on the Web, Schwartz challenges the conventional wisdom and shows how using traditional
business approaches on the Web can backfire.  Why are some products better suited to being sold on the Web than others?  Why are certain brand names gaining status and how do you create and then reinforce yours?  What are the new patterns of consumer behavior?  Webonomics answers these questions and shows how to capture the only scarce commodity on this information-based terrain: the attention of the busy people who are spending time there.  Putting the frenetic activity in a context, Schwartz delves into the new economic rules, new forms of currency, new ways to do business globally, and shows how to add value to existing products and build customer loyalty.  

In addition to offering practical wisdom, Webonomics tells a larger story about life in the Information Age.  It's about rising new communities, the next phase of capitalism, a shift in the role of government, and surviving amidst accelerating change, where only the most agile and adaptable businesses will thrive.

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Editorial Reviews

Amazon.com Review

Webonomics: Nine Essential Principles for Growing Your Business on the World Wide Web, by Wired contributing editor Evan I. Schwartz, is simply one of the most intelligent and informative books yet to appear on the commercial possibilities of the Net. Through an insightful examination of the various forces that are driving "the new Web economy," it defines and dissects a series of fundamental concepts that businesses can utilize to build a profitable online presence.

From Library Journal

Schwartz, a contributing editor of Wired magazine, has written the first marketing history of the World Wide Web. Though marketing successes and failures on the web have little history to offer, Schwartz has done a remarkable job of collecting the marketing experiences of companies that have entered this new medium. He introduces and supports new philosophies for web marketing in chapter titles such as "The Quantity of People Visiting Your Site Is Less Important Than the Quality of the Experience" and "Marketers Shouldn't Be on the Web for Exposure, but for Results." Readers will discover how web pioneers like Playboy and Volvo failed in their initial forays. Lucid, thoroughly researched, and packed with essential information, this work will serve as an indispensable resource for both blue-chip and mom-and-pop enterprises doing business on the Internet. Highly recommended for all academic and public library business collections.?Dennis Krieb, St. Charles Cty. Community Coll., Wood River, Ill.
Copyright 1997 Reed Business Information, Inc.

Product Details

  • Hardcover: 256 pages
  • Publisher: Broadway; 1 edition (April 7, 1997)
  • Language: English
  • ISBN-10: 0553061720
  • ISBN-13: 978-0553061727
  • Product Dimensions: 9.5 x 6.3 x 0.9 inches
  • Shipping Weight: 1.1 pounds
  • Average Customer Review: 4.4 out of 5 stars  See all reviews (74 customer reviews)
  • Amazon Best Sellers Rank: #3,717,575 in Books (See Top 100 in Books)

More About the Author

Evan I. Schwartz tells tales of invention and imagination. A former award-winning editor at BusinessWeek, he is also the author of THE LAST LONE INVENTOR, named one of the 75 best business books of all-time by Fortune. He lives with his family in New England. The idea for FINDING OZ came to him while reading L. Frank Baum's classic novel out loud to his daughter at bedtime.

 

Customer Reviews

74 Reviews
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Average Customer Review
4.4 out of 5 stars (74 customer reviews)
 
 
 
 
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Most Helpful Customer Reviews

16 of 17 people found the following review helpful:
5.0 out of 5 stars Very helpful., January 10, 2000
By 
J. Weese (Russell, KS United States) - See all my reviews
(REAL NAME)   
Amazon Verified Purchase(What's this?)
This review is from: Webonomics (Paperback)
I think Evan Schwartz has defined 9 good principles which could be really helpful to any e-commerce site owner who seeks to increase business. The 9 principles really do not change with every new computer chip or browser software created but rather hold true with most humans and what they are looking for on the Internet. Such principles like: add value to the information presented on your website, don't just make your site a virtual brochure but make it something interesting that people want to return to again and again. Give it a sense of community that makes people feel "at home" when visiting your site (like Amazon.) Other principles: traditional mass-media advertising (pushing your message on consummers) does not work on the Internet, rather advertisers need to seek information from users to customize the advertizements to Internet users' tastes and preferences (Amazon does this with its book recommendations based on which books you have ordered from the site.) Schwartz also states that even small e-commerce sites can compete with the "big boys" because the Internet provides a medium from which these sites can carve a niche market. Overall, this book is jammed with good ideas and case studies (though dated) that illustrate how each of his nine principles can be used to increase business. This book lays a good foundation for other books like Digital Darwinism or Net Success.
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11 of 11 people found the following review helpful:
5.0 out of 5 stars This chap knows what he is talking about!, January 27, 2000
By A Customer
This review is from: Webonomics (Paperback)
Reading Schwartz was a refreshing change. I came late to this area and have been playing catch up. Unfortunately I started with Blown to Bits and the Killer App type of book and discovered this by accident. I was hestitant since the book is "old" in internet terms. However, I must say that this books contain more down to earth principles that are really useful compared to the other hype out there. Value per page definitely beats the others hollow (e.g., Killer App, Blur, Blown to bits, Enterprise.com). Schwartz is very focussed, and precise in what he has to say. There is very little fluff in this book so it may take some time to read. All of it (at least most of it!) is actionable. His examples are EXCELLENT! I can't wait to get started on his next book - Digital Darwinism. You'll be making a big mistake if you pass over this book just because of its publication date.
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7 of 7 people found the following review helpful:
4.0 out of 5 stars very good introduction to e-commerce, October 27, 1999
By A Customer
This review is from: Webonomics (Paperback)
This book is a quick read and a good introduction to doing business on the web. It focuses less on dry economic aspects, and more on web marketing. Digital Darwinism picks up where this leaves off.
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