Industries & Professions /
Internet Transaction Specialists
The future of transaction specialists will be closely tied to the future of e-commerce itself. In the beginnings of e-commerce, there was extremely rapid growth for a number of high-profile successful companies. During the early 2000s, however, many of these businesses failed or were taken over by other companies, and there was a wave of layoffs and firings. Studies have shown that these companies offered large discounts to attract customers and failed to plan for a large enough financial margin to turn a profit. Many smaller businesses pulled through the dot-com crisis because they concentrated on a niche market, provided products and services targeted to their specific demands, and paid careful attention to the bottom line.
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