Economics of Selling Online

Welcome to the Economics of Selling Online blog. What will make this blog different than other e-commerce information sites? The major difference is that I am first and foremost an economics professor. I develop a few sites online because I am inquisitive and I want to understand what I teach. Thus, the profit motive is much lower for me than for a company that sells web design. Well… At least it is until I am good enough to make more money at web design than I do as a professor. (That is called “opportunity cost” - one of the first concepts economics students learn to use.) However, my few clients can rest assured that their sites will receive my full attention to help make them successful or I wouldn’t be very credible in my teaching of the subject…

At the current time, my strengths lie in teaching and writing, so I will use these strengths to develop an online presence for myself as well - whatever it may be. This site will be a process of discovery. Since it is designed to supplement a course in the economics of e-commerce, it will develop over time. I will be moving through different topics as the course continues, so the focus of the blog will change over the course of the semester. However, when I teach a course, I want my students to come away with news they can use beyond the end of the semester. My focus will be on providing applicable tips along with economics analysis.

So join the journey with us and learn a few economic principles along the way. In the process, perhaps you will take away some tips that your web developer or designer may not tell you.

Note: My students will be developing simple sites as well. So I will be tracking the use of this blog as an example to them. On Day 1 this site is not found or linked yet anywhere on the net - as expected… Google Analytics has been added on this day.