Eternal youth, anti-ageing skin creams and botox – these could be the products that scream boldly at you from hoardings. Hang on a moment though, there’s another segment in the cosmetics industry that’s doing really well, driven, not by well-heeled adults seeking eternal youth, but kids with spending power and a love of premium brands. According to a new report, the U.S. "teen" (age 15-18) and "tween" (age 8-14) grooming products market is expected to yield $8.5 billion by 2012.
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A new report shows that more than $2 billion is estimated to be spent on social network advertising in the US by 2010. Social networking and user-generated content will feature prominently among a range of new applications in the Web 2.0 world. But also flourishing are travel-related services, gambling, adult content, music and health services.
Solid new business models, backed by spectacular growth in online advertising, are quickly laying the foundations of the new internet economy.
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Are social networking websites like Facebook, which is allowing users to draw on the system to launch their own services and make money ushering in a new era of social networking? More importantly, is it going to force companies like MySpace and MSN to follow suit?
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While prices are soaring in super markets it seems as if the bill for daily shopping is not far away from eating out in a restaurant. Adding the convenience of not having to do the cooking or the cleaning afterwards, it seems to be worth those extra pounds – or is it really?
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Digital television (DTV) adoption will show strong growth over the next 2 years as consumers demand enhanced features, greater breadth of content and bundled communications offerings. According to a new report, a further key driver in the transition to DTV services is the switch-off of analog transmission in the US and Western Europe. With the US analog switch-off date mandated for February 2009, and most Western European countries terminating transmission before the 2012 deadline, the next 2 years will see a rapid increase in new digital TV households. Read more…