Increasing Use of e-Commerce

Description

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

Enablers:

1. auction sites like eBay,
2. market sites like Betfair.com,
3. commercial trading sites such as Dell.com, Amazon.com or B2B sites
4. Cheap logistics

Inhibitors:

1. taxes
2. currency exchange rates
3. lower consumer confidence

Paradigms:

shopping without leaving your living room, lower procurement costs The world is one shopping place, the global village

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