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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: Frederick Langford who wrote (8992)	6/21/1999 5:28:00 PM
From: Ga Bard	Respond to of 108040

In reference to CBQI here is a portion of a 6/7/99 InfoWorld article explaining that the biggest money to come is in the business-to-business selling: "Net Prophet - by Dylan Tweney Better claim your space: The Internet land grab will produce many minimonopolies There's a land grab happening right now in the biggest Internet markets no one has ever heard of. The fact is, the lion's share of electronic-commerce revenue won't go to high-profile retail sites such as Amazon.com and eBay. These are consumer commerce ventures, selling one product at a time to individual customers. Theirs is an admittedly huge market, but it's not the biggest. The bulk of e-commerce revenue will come from transactions between businesses, in which both purchase volumes and dollar values already dwarf the consumer commerce market. The business-to-business e-commerce market presents an opportunity so big and so appealing that venture capitalists (VCs) at last month's Net Markets conference in Berkeley, Calif., were describing it without embarrassment as a "land grab." Forrester Research estimates that $43 billion worth of hard goods were traded between companies via the Internet last year. In 2003, this online trade will swell to $1.3 trillion..." Full Article: infoworld.com GB