Wix recently held its investor day where it shared its plans for the future and the competitive landscape surrounding its business.
Here are some of the highlights from its presentation.
Software as a service (SaaS) content management solutions winning market share
In the early days of the Internet, coding was the only way to set up a website. This is time-consuming and requires technical know-how.
The second phase of the Internet saw the emergence of content management solutions (CMS-es), such as wordpress.org and Magneto. If you started a blog before, you might be familiar with such tools. In fact, The Good Investors blog – what you’re reading now – is made using wordpress.org. It is an easy solution and requires minimal coding skills.
However, wordpress.org still has its limitations as users still have to source for their own website hosts and use multiple plugins for different functions. All of which are time-consuming...