My competitor is a big river in South America?

An article today in the New York Times began, “ shares surged Thursday after the company said its third-quarter profit soared 62 percent, showing that consumers are comfortable opening their wallets to the online retailer despite the still-shaky economy.”

Next time you hear a business talk about what a tough time they are having, ask them if they think this Internet thing is a passing fad. Maybe all they need to do is keep it simple and to claim their business on Google Maps to maximize visibility. Since one gets delivered to my house about once a month, someone must still use a paper phonebook these days. However, don’t most people with disposable income use their mobile phone or computer to search for what they want? With consumers increasingly buying on line, shopping on line, and finding where to have a shopping experience online, maybe it is time to change with them.

About Daryl Phillips, CEcD

I am a professional economic developer. I presently work for communities and companies in developing and implementing workforce and economic development solutions as CEO of Phillips Economic Development Solutions (Phi EDS). Prior to September 2017, I was the economic development professional who served a community team of elected officials, business people, community leaders and dedicated stakeholders for economic development in Cheatham County, Tennessee (pop. 39,880) and its four towns. During my five-year tenure, I served the team as Cheatham County grew over 1,700 jobs, turned around population declines at the start of this decade into healthy population growth, increased tourism expenditures 20.3% and local tax revenue from tourism 25.4%, grew sales tax revenue 36%, focused on developing the local workforce and was recognized by SmartAsset as having the 9th highest Incoming Investment Index of all the 95 counties in Tennessee. I am a member of International Economic Development Council, Southern Economic Development Council, Tennessee Economic Development Council and International Council of Shopping Centers. I have earned the designation of Certified Economic Developer (CEcD) from International Economic Development Council (IEDC), the Economic Development Finance Professional (EDFP) certification from National Development Council and hold a Master of Business Administration from Tennessee Technological University.
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