How is eBusiness changing the traditional marketplace?
Solution
The virtual-reality marketplace of the Internet is booming with sales. Transactions between businesses are in the tens of billions a year. And retail revenues are also in the billions already. Economic forecasters are predicting that the first annual trillion dollars of sales will be reached in two or three years. If more and more people and businesses start buying off the Web instead of going to stores and offices, what will happen to the value of commercial real estate?
This question came to me most recently near Oakland when I saw a truck (labeled something Van.Com) drive up to a house. Two energetic young men jumped out, went to the rear of the truck and carried two crates of groceries to the front door. I found out that if you order more than $50 worth, they
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How is eBusiness changing the traditional marketplace-SolutionThe virt.docx
1. How is eBusiness changing the traditional marketplace?
Solution
The virtual-reality marketplace of the Internet is booming with sales. Transactions between
businesses are in the tens of billions a year. And retail revenues are also in the billions already.
Economic forecasters are predicting that the first annual trillion dollars of sales will be reached
in two or three years. If more and more people and businesses start buying off the Web instead of
going to stores and offices, what will happen to the value of commercial real estate?
This question came to me most recently near Oakland when I saw a truck (labeled something
Van.Com) drive up to a house. Two energetic young men jumped out, went to the rear of the
truck and carried two crates of groceries to the front door. I found out that if you order more than
$50 worth, they
