Term Papers on E-Commerce from Term Papers Lab.
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E-commerce:
For some businesses, the only way to go
Tobias Madden
Regional Economist
________________________________________
Like many other people, Paul Buethe of St. Paul has started an electronic business. Unlike other electronic business owners, he does not have a computer. Total cost to start his business? Under $500.
According to Forrester Research Inc., U.S. on-line retail sales grew from $2.4 billion in 1997 to $7.8 billion in 1998. Start-up businesses have captured a share of these sales because electronic business technology has reduced the technical barriers to new entrants. Following are two examples of retail businesses that have benefited from lower barriers to entry due to the emergence of the Internet.
Miniature model kit industry
An example of lower barriers to entry is a relatively new entrant into the niche market of the detailed scale model kit industry-Roll Models Inc.
John and Mary Roll of Golden Valley, Minn., started Roll Models in September......
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Title: E-Commerce
Approximate Word Count: 946
Approximate Pages: 4 (250 words per double-spaced page)
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