by Webwiser.net

E-commerce

Mal's E-commerce

And of Interest: http://availabilityonline.com/

What is Electronic Commerce or E-commerce?

E-Commerce refers to the electronic exchange of goods, services, transactions and services over the Internet.

Internet Statistics and Facts:

  • The exponential growth rate of the Internet is absolutely unprecedented with traffic on the Internet doubling every 100 days.
  • 2 million new users join the Internet each month in North America alone
  • 3,000 businesses sign on to the Internet each week.
  • Retail sales on the net will total $7 billion by the year 2000.
  • By the year 2002, it is projected that e commerce transactions will exceed $200 billion dollars annually.
  • "Business use is growing fastest. 62 million Americans are now using the worldwide network and are even getting comfortable making credit card purchases," said Ted Bridis, Associated Press.

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