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E-commerce Internet Statistics

E-commerce Internet Statistics. Week 3. E-commerce. Is at its infancy Is often misunderstood Is showing potential for massive growth Is the latest bandwagon. Internet Statistics. Consistent statistics are hard to find We are looking at trends rather than specific data

abigail-jacobson
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E-commerce Internet Statistics

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  1. E-commerce Internet Statistics Week 3

  2. E-commerce • Is at its infancy • Is often misunderstood • Is showing potential for massive growth • Is the latest bandwagon

  3. Internet Statistics • Consistent statistics are hard to find • We are looking at trends rather than specific data • 90% of all new domain registrations over the last 2 years have been commercial • The fastest growing part of the Internet is the hypermedia-based Web

  4. Some general statistics • April 1997 1 million Web sites, 2 years later there were over 5 million, the trend continues • Intel claim 40% of revenues from on-line • Del currently earns 25% of its revenues from the Web • Web offers a cheap and easily accessible ‘classified section’

  5. Reasons for E-commerce • Improved communications • New marketing medium • Reduction in letters, phone calls, fax • Allows for on-line sales and product interrogation • Ability to develop and expand new services • Speedier services

  6. Issues • Security concerns • Lack of knowledge • Reliability of integrated applications • Lack of standards • Loss of interactivity • Cost • Potential for sabotage

  7. Who’s on the Bandwagon? • Airlines • Banks • Media & Publishing • Retail • Financial trading

  8. Summary • E-commerce has been an idealised concept for many years • Hampered by lack of integrated applications combined with bandwidth/access problems • Infrastructure of the Internet provides the potential for future growth.

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