Increasing Use of e-Commerce

Name: Increasing use of e-Commerce

What: Selling products or services over the Internet is adding more and more to companies’ revenues and nation’s GDP’s.

Enablers: auction sites like eBay, market sites like Betfair.com, and commercial trading sites such as Dell.com, Amazon.com or B2B sites

Inhibitors: taxes, currency exchange rates, lower consumer confidence

Paradigms: shopping without leaving your living room, lower procurement costs

Experts: Jeff Bezos, Michael Dell, Meg Whitman

Timing: the late 1990’s saw the rapid adoption of e-commerce.

Web resources: www.dell.com, www.ebay.com, www.amazon.com