Answered step by step
Verified Expert Solution
Question
1 Approved Answer
1. Online retailing accounted for $143.2 b in 2005, an increase of about 20% for the year. 65% of internet users have purchased something online.
1. Online retailing accounted for $143.2 b in 2005, an increase of about 20% for the year. 65% of internet users have purchased something online. Amazon has led the march as a pure play online retailer innovating online retailing, eBay has also helped blaze the trail. More recently traditional retailers have reacted to the new medium and become major players, being able to integrate their offline stores with their online presence. Walmart.com and Target.com have higher current rates of growth than both Amazon and eBay. What benefits do retailing organizations achieve when they go online? 10
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started