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

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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 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.

256 pages, Hardcover

Published January 15, 1997

15 people want to read

About the author

Evan I. Schwartz

7 books9 followers
Evan I. Schwartz writes about history, innovation, tech, music, and media.

He is the author of The Last Lone Inventor: A Tale of Genius, Deceit, and the Birth of Television (HarperCollins), named by Amazon Books as one of “100 Biographies & Memoirs to Read in a Lifetime.”

His book Finding Oz: How L. Frank Baum Discovered the Great American Story (Houghton Mifflin) is a narrative about the origins of a cultural icon, The Wizard of Oz.

His first book, Webonomics, was the #24 bestselling book on Amazon.com for the year 1997 (when only geeks bought stuff on the Internet), and his second book, Digital Darwinism, was a New York Times bestseller. Both are published by Broadway/Random House.

His 2021 book, REVOLVER: a novel, was issued as a free paperback, direct by mail, from the Concord Free Press, a 501c3 that promotes generosity through reading.

Schwartz has taught writing at Boston University and Tufts University.

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