RETAIL E-COMMERCE

RETAIL E-COMMERCE

As with retail goods, the promise of online service providers is that they can deliver superior-quality service and greater convenience to millions of consumers at a lower cost than established bricks-and-mortar service providers and still make a respectable return on invested capital.

The service sector is one of the most natural avenues for e-commerce because so much of the value in services is based on collecting, storing,and exchanging information—something for which the Web is ideally suited. And, in fact, online services have been extraordinarily successful in attracting banking, brokerage, travel, and job-hunting customers.

The quality and amount of information online to support consumer decisions in finance, travel, and career placement is extraordinary, especially when compared to what was available to consumers before e-commerce.

The online service sector—like online retail—has established a significant beachhead and now plays a large role in consumer time on the Internet. In areas such as brokerage, banking, and travel, online services are an extraordinary success story and have transformed their industries

要查看或添加评论,请登录

ISAAC MUTURI的更多文章

  • Implications of IT on Businesses (Digital Era) - Part One

    Implications of IT on Businesses (Digital Era) - Part One

    The most distinguishing feature of this Digital Era is the transition of IT from purely transaction processing and user…

  • Startup Ideas and Hustles

    Startup Ideas and Hustles

    Startup ideas can come from just about anywhere—truly. Starting a company will require long hours and seemingly endless…

  • Benchmarking Competition

    Benchmarking Competition

    To set your company on a strong, profitable growth trajectory, it won’t work to benchmark competitors and try to…

  • Shrewd competition

    Shrewd competition

    Still, while taking advantage of a competitor’s missteps seems like an obvious way to boost your revenue, tread…

  • Are analytics important in Digital Marketing?

    Are analytics important in Digital Marketing?

    Over a period of time, monitoring and measuring the success of your digital marketing efforts will enable you to build…

    2 条评论
  • Is Money Management Enough

    Is Money Management Enough

    There is a Wall Street adage that says, “Even a poor trading system could make money with good money management.” Have…

    1 条评论

社区洞察

其他会员也浏览了