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To: Robert Douglas who wrote (1488)3/3/1999 6:32:00 PM
From: Stitch  Read Replies (1) | Respond to of 2025
 
Robert;

<<What will Amazon earn 5 to 10 years down the road? My guess is around 1 1/2 to 2% on sales.>>

I tend to agree with you but will mention what I think IS exciting about e-sales. To me the real advantage of e-sales lies in its ability to provide access to niche products, even esoteric products. E-Bay is another model I like in that it offers extremely convenient access to resale items, an infatuation American shoppers have had since the advent of garage sales and flea markets. What does all this mean? I think it is a bit more then the net as a huge and convenient yellow pages.

By way of illustration let me share a few sites that I have actually ordered from and obtained items difficult for me to find in Asia or that held a special interest to me. All of these were found via a search engine.

einsteins-emporium.com

holymtn.com

paragonbook.com

nmia.com

By the way, Christie's (the auction house) has recently announced their intention to sell on the web. What a great example of how the web is a great enabler of egalitarianism. Now even I can bid on an artistic rendering of a can of Cambell's soup. <G> That I cannot afford it is beside the point. <GG>

Best,
Stitch



To: Robert Douglas who wrote (1488)3/4/1999 1:19:00 PM
From: Jags  Respond to of 2025
 
<<My guess is around 1 1/2 to 2% on sales>>

Thats right. THe real advantage is for the consumer who will
now get more for less. The disadvantage is for existing retailers
who need to cut their margins, get online, cut their physical
presence and restructure.

Jags