E-Commerce

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Categories of E-Commerce

Benefits of E-Commerce

v lower transaction costs

v availability

v large quantity of information

v providing "up-to-date" information

v comparison of prices and products

v quickness

Disadvantages of E-Commerce

v hard to make yourself "visible"

v hard to differ from competition

v hard to make people buy something

v money

v legality

v ownership

v privacy and security

Products People Buy via Internet Consumer Spending at European Sites 1997-2002