Here’s a post I wrote earlier today on The City Wire.
In the old days (less than 10 years ago), we called the internet the “world wide web.” Today, the online world is impacting our local economy in more ways than we realize.
One very specific example is the empty shell of a movie rental business across from the Wal-Mart Supercenter on Rogers Avenue.
Why go all the way to a store to rent a DVD when you can buy your very own copy for $20 across the street?
“Several sources this morning – including the Financial Times and the Wall Street Journal – are reporting that Apple (AAPL) and News Corp. (NWS) have struck a deal for a new video-on-demand service that could change the waydigital movies are distributed, viewed and paid for.”
It’s incumbent on the people of the Greater Fort Smith Region to establish an online presence. This is where we’ll continue to engage in more and more local commerce — globally. This is where we’ll engage in more and more global commerce — locally.
The old ways of doing business are gone. We can lament the loss of the good old days, or we can be innovative and creative, leveraging opportunities to capture local — and global — markets.It’s all about thinking — and acting — from a new place in time and space.