E-Commerce I&II
Bhavin Patel ECT 250-801
E-Commerce
I
E-Commerce II
E-Commerce
I: 1995-2000
- was the most euphoric times in American
commercial histor
- thousands of dot com companies were
backed by $125 billion in financial capital
- extraordinary profits would go to
the ones that market a particular area first, known as first movers
- friction-free commerce was commerce
which was distributed equally, transaction costs are low, prices can be adjusted
to reflect demand. and unfair competitive advantages were eliminated
- many companies went bankrupt partly because
of debts incurred to build high speed networks, which was estimated to be
$250 billion
- another reason why many businesses
failed because the holiday season provided less sales growth than anticipated.
- many .com companies could not deliver
its products in a timely fashion which also hurt business to consumer creditability
- some companies had stock values
up to 400 times their earnings
E-Commerce Websites
E-commerce
Times
E-commerce
Guide