Tuesday, December 6, 2011

Start in the Data Mining Industry

Any one can buy a domain name for $11.99 and set up their own website for less then $200 they might not make it a success but they can do it.
“Total number of websites on the Internet has now exceeded 182 million”

And a large majority of the world currently doesn’t use the internet at all right now but they will someday. Selling a low cost service tool such as a data mining tool or marketing services in the digital age is just at its beginning. Only one that is in that business and comes up with a cheap but effective product will make a killing over the next 15 years as more and more things in the world move onto the internet. currently there is google analytics but that is very raw data that has yet to create a simple system to turn raw data into useable data. for instance my e-commerce website needs a simple tool that allows me to see which products are viewed the most and how many transactions those pageviews resulted in. If most of the people that come to your site are looking at a specific product but no one is buying it you are loosing lots of money for some reason and you have to figure out why before you miss out on even more money.

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