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E- Commerce

With each generation since WWII there has been a shift in the retail focus. And now

most experts agree that we are experiencing much more than just another shift. We are on the

verge of a new revolution: an Internet revolution.

Today, the Internet appears to be everywhere. Whether it's an update on the stock

market, research on the car you want to buy, or a simple email to your mother, people of all ages

and backgrounds are definitely relying on the net more and more. Since it was launched in

1991, it has seen unbelievable growth. In 1995 only 4% of Americans used the net everyday and

today there are more than 30% . Internet usage in our schools has grown from 35% in 1994 to

over 95% today. The net is being called the greatest free marketplace of information and ideas

that has ever existed, and anyone who chooses not to get "plugged in" is going to be left in the

The segment of electronic commerce that will experience revolutionary change is

consumer shopping. For decades, consumers have wanted convenient access to a limitless

selection of products that they could conveniently research before they bought. But very few

ever dreamt that it would happen right from the comfort


had done it already. Thus, the efficiency will be greatly improved. With an e-commerce solution,

Commerce Times. 1999. . (9 August 1999).

look at the advantages for the provider. The World Wide Web allows a business is to build a name

revenue in 1998). This certainly helps to explain why consumer shopping on the net is projected

There are many reasons for an existing business to hook themselves up to the web and start

business will experience a lower operation cost while at the same time increasing its profit.

already been some spectacular success stories. Take, for example, Amazon.com, which from a

overnight. Sophisticated, user-friendly web sites can take many months to design, and at costs that



Some common words found in the essay are:
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Approximate Word count = 1174
Approximate Pages = 5 (250 words per page double spaced)


  

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