(June 1, 2007) — “Success [has been] elusive for plastics portals” should read: “Good management has been elusive.”
The problem with most busted dot-coms is very simple and rarely stated accurately. They died of failure to keep costs in line with sales in a most spectacular manner.
In other words: poor management.
Many were planning for a massive onslaught of business that never came. Dot-com business doesn't come in onslaughts for most, it comes in small increments, earned daily.
There are several successful plastics portals, including Poly¼sort, Omnexus and our own Plastics.com, which has had a continuous online presence as the very first plastics portal since 1994 and has been quite successful.
Plastics.com has over the last 13 years established a member base in excess of 70,000, along with an e-mail base of 45,000 and growing.
Regarding Bill Carteaux's venture, perhaps his short tenure with Tim Stojka at PlasticsNet years ago will provide a basis for success this time around. We say welcome and best of luck.