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To: Sam Bose who wrote (138585)8/6/1999 6:43:00 AM
From: stockman_scott  Read Replies (1) | Respond to of 176387
 
An Interesting Report on E-commerce...FYI...

msnbc.com

<<....The Giga report looks not just at the e-tailers, technically called business-to-consumer e-commerce, but at the e-commerce done between businesses as well.
“Our definition of e-commerce is the application of Internet technologies to improve all of a business' processes and activities, not just selling or buying over the Internet,” Giga analyst Andrew Bartels wrote in the report. “The business benefits from sales over the Internet are simply the visible tip of the iceberg of economic value that companies can derive from e-commerce.”

SALES UP, COSTS DOWN
Bartels estimates that total business cost savings from e-commerce will grow from $17.6 billion worldwide in 1998 to $1.25 trillion in 2002. U.S. companies will reap about half of the long-term benefits, with savings growing from $15.2 billion in 1998 to about $600 billion in 2002.

As for e-tailing itself, Bartels estimated e-commerce will only add between $14 and $45 billion in profit by 2002.
“In short, there's more pay-off from e-commerce in lowering costs than in simply selling goods and services over the Internet,” Bartels wrote...>>
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IMO, DELL is a classic example of how e-commerce lowers costs and improves efficiency.

Best Regards,

Scott