After an explosion of computer usage in the early part of this decade, the computer world stayed relatively the same. That is until the last couple years when social networking came onto the scene and names such as MySpace, Facebook, and Twitter gained tremendous popularity. Entrepreneurs, investors and many others are now realizing the incredible potential of this new frontier and are actively seeking for ways to take advantage of the incredible growth.
The investment frenzy for these new ideas began when Twitter raised its fourth funding round, a $35 million investment that valued the company at $250 million. With more and more individuals subscribing to high-speed internet services, a growing number of mobile devices capable of full Web browsing, and new Web technologies enabling instant transmission of data, there’s no way to measure the potential of this new market sector being created.
However, even with this explosion of use and seemingly limitless prospects, many of these sites are just trying to pay the bills and end up with a profit. Even though many are expecting the next Google (NASDAQ: GOOG) to arise from the excitement, the greatest challenge by far has been profitability. The company that can skillfully enter this burgeoning market with a solid business plan for continual revenues is the one that will generate enviable profits over the long-term.
One such company preparing for its official launch is eDOORWAYS Corp., whose goal is to solve lifestyle problems for consumers while driving traffic to suppliers and service providers. Harnessing web resources in a totally new way, the company aims to enhance the market’s transparencies for real solutions, pricing and quality, saving consumers precious time and money.
eDOORWAYS will draw participants as well as educate the market through advertising, PR campaigns and viral word-of-mouth. Revenues will be generated through advertising placement fees, premium services, preferential placement fees, and a percentage of sales transactions. With a well though-out business strategy in place and increasing buzz surrounding its new platform, eDOORWAYS has positioned itself for a long and successful future.
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