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E-Shopping : Rise and Demise
Introduction
Last year’s Super Bowl marked the peak of dot. ... Followed by that, a discussion of the opinions that are a little bit more pessimistic about e-commerce future will be presented. ... com mania
1) The explosion of electronic commerce
In 1999, global e-commerce was worth a little over $150 billion. ... The absolute level of consumer e-commerce was still small, at around 1% of American retail sales but in some areas it was far higher: 15% of retail stockbroking and 5% of book sales for instance. ... Thanks to the rise of e-commerce, such giant firms as General Electric, GM and Ford for example embraced the Internet for many of their activities. ... Nor did the explosion of e-commerce justify the high prices of many Internet-related shares. ... At the beginning of 2000, the shares of several big American e-commerce firms crashed: eToys (down 80% from its peak) and E*Trade (down 66%) for example.
Approximate Word count = 960
Approximate Pages = 3.8
(250 words per page double spaced)
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