Internet advertising is growing at a rapid pace, and is growing faster than any of the traditional methods. Even though it has been around since 1994, and is 18 years old, Internet advertising has gained immense popularity, and today it has become a necessity for every business owner to use it as a means of advertising, promoting and selling their products and services online. Let us take a look at the history and developments in Internet advertising that took place in these 18 years.

History of Internet advertising:

• Internet advertising or online advertising started in the year 1994.

• In mid 1990s, when the Internet was new to people, there was a misconception that it is only useful to the scientists and students who are pursuing computer related academics.

• The Internet became very common and easily available to people during 1996 and 1997. Then, slowly people started understanding that, the Internet can also be used in various ways.

• In 1994, HotWired first sold spaces on its website for advertisements to many businesses. This was the start of the Internet advertising.

• Advertisers began buying spaces on the popular websites where their company’s brand would get noticed by the visitors.

• Number of websites started growing in thousands and millions, and advertisers felt that it was not good to stick to one popular website. Then the advertisers started buying spaces from many popular websites, and made their brands visible to many audiences.

Developments in Internet advertising:

• During early 2000s, Internet users started identifying the benefits of commercial services on the Internet. This lead to the craze of having a website for businesses/organization, so that the presence of their company is felt in the Internet.

• Since the start of Internet advertising, there was a constant growth till 1998 ($1.9 billion in annual revenue). But there was a huge growth in 1999 ($7.6 billion in annual revenue) and the momentum is still continuing. The revenue is increasing every year.

• But the companies were not sure whether the user would visit the company’s website directly. Then came the concept of “banners” or “banner ads”.

• A banner is a small note located at one side of the website with some information and link to the company’s website. When clicked on that link, the user goes directly to the company’s website.

• Internet advertising actually got noticed by the common people in 2007 with the help of Google. Google in 2007, brought a revolution of Internet advertising.

• As years passed on, developments in technology and animation advertisements increased, where the use of technologies like flash player, etc. came into existence.

• Animated advertisements are small videos or movies that attract the user easily.

• Animated advertisements make banner ads more lively and attractive.

• After 2010, with the introduction of smart phones and advanced mobile phones in the market, it became easier for businesses to promote their products/services to the people. These high end phones provided access to the Internet, and this is how Internet advertising market grew further.

• Social networking sites made targeted audiences closer to the companies and the interaction between them has become more simple.

Online advertising has become a global phenomenon, and in the years to come, there are a lot of surprises in store that will make online advertising platform easier to use.

The way you position things around your sitting or standing area for your home based business can spell success or failure in the total performance of your work. Your output is usually affected in small portions either for good or bad simply due to the way things are arranged around your work space. You need to create an intelligent working space around yourself when doing your home based business and it can be a breeze getting it done.Some of the strain that people experience while working at home on their business can usually be traced back to how they have decided to set everything they use on a day to day basis around their work space. Do you know that your stapling machine or simply put stapler may be a big cause of stress and pain for your home business? Even the writing pen or materials you constantly use can be a source of distress if not properly managed and planned.For example, if you are someone who always ship products and services to your customers on a specific day of the month. You may discover that you always work with a schedule that involve the use of calendars and time. Think about a situation where you have three or four calendars in your home based business dedicated working space or room and three different wall clocks plus two other table clocks and one wrist watch. Can you smell the confusion already? That is the whole point.You must be organized so much that you have only what you need around you and not more than you need. To have your brain trained in such a way that it knows where to find some specific things and how often they will probably be needed, you must have a structure that is very simple and easy for your brain to grasp to work with.Using the example above, can you imagine a situation where there is even not a single calendar in your room, and the clock that helps you to know the time for the post man showing up at your door is in the sitting room of your house. So, for you to know how many days you have to get your shipment together and get ready on the day of the shipment, you need to check your calendar each time on the calendar in your phone or from your calendar – you know how tasking that can be in itself, and for the appropriate time to expect the door bell ring, you have to always go to the sitting room to check the time. How distracting can that be in your home based business work space? Very distracting indeed. You said it!Underestimating the importance of making everything you need stand out in their own right within your work space and to make sure the space you called your work space is properly planned will be a high cost you definitely need to avoid. It conclusively mean that, to have a good home based business that you will enjoy and become effective and efficient at, you must set aside a well planned and organized work space that is created solely for the purpose of those basic and fundamental things you do within the work space.There are a whole lot more ideas that can be put to use to make creating your home based business work space a breeze and effective but we will have to save some for other time. You may however be in touch with us for many more ideas and tips before next time. Hope you make a change in your home based business work space today.Thank you for your most precious time for reading and learning through this.

Auctions are those events where properties or goods are sold to the highest bidder. Auctions are mostly public events, where bidders make a series of bids and purchase a particular item for a high price. During auctions, bidders decide the price of an item rather than the seller. It depends on bidders to decide the amount they would want to pay for a specific item. During an auction, a bid is a proof of a legal binding. Bidders agree to pay the amount that they have bid. In a high profile auction, bidders may have to pay a deposit in escrow accounts or give a proof that they can pay for those items.

Types of Auctions:

Different types of auctions take place around the world. Below mentioned are some types of auctions:

1. English auction:
This is a basic type of auction. In this type, people can see the item and then start bidding. Bidders slowly raise the value of their bid until everyone gives up. The highest bidder is the winner. An auctioneer manages an auction, keeps records of the on going bid and decides the winner. Sometimes, the seller will quote a minimum amount for an item to the auctioneer, below which the auctioneer cannot sell that item.

2. Dutch auction:
In this type, the auctioneer sets a particular price and then gradually lowers the price. People in public will start bidding and later decide which prices are suitable for the item. A seller may use this type of auction to sell large quantities of same products to the public. For instance, a seller may want to sell a large amount of hay and will thus, decide to sell this hay to people for the same amount, once a reasonable price is decided.

3. Silent auction:
In this type, the bidders in public will present their bids in a sealed format. These sealed bids open at the same time and bidder with the highest bid wins. There could be a modification in this type of auction. The bidders are allotted a specific period to bid. They can roam in a room displaying the items, and write their bids on an associated sheet of paper. The bidders are allowed to see bids of other bidders and can choose a higher price for an item. At the end of the allotted time, bidder with the highest bid is the winner.

Examples of Auctions:

Auctions can be of two types either public or private. Sellers may trade any kind of items in both types of auctions. Some areas where auctions take place are:

1. Antique auction: An antique auction consists of a trade opportunity as well as provides entertainment.

2. Collectable auction: In a collectable auction, the seller may put up collectables like coins, vintage cars, luxury, stamps, real estate, and luxury for sale.

3. Wine auction: In wine auction, bidders can bid for rare wine, which may not be available in retail wine shops.

4. Horse auction: Bidders can bid for young horses of the best breed.

5. Livestock auction: In livestock auction, bidders can buy pigs, sheep, cattle, and other livestock.

The other examples of auctions may not be public. These auctions are for bidders from corporate levels. Some examples of private auctions are:

1. Timber auction
2. Spectrum auction
3. Electricity auction
4. Debit auction
5. Environmental auction
6. Auto auction
7. Electronic market auction
8. Sales of business auction

Bidders in an auction need to examine the items displayed and decide an appropriate price for an item. Thus, auctions help buyers in getting the best deals and in gaining better profits for sellers.