publication . Article . 2001

The Emerging Landscape for Retail E-Commerce

Yannis Bakos;
Open Access
  • Published: 01 Jan 2001 Journal: Journal of Economic Perspectives, volume 15, pages 69-80 (issn: 0895-3309, Copyright policy)
  • Publisher: American Economic Association
Abstract
On-line retail sales of goods and services are projected to grow from $45 billion in 2000, or 1.5 percent of total retail sales, to $269 billion in 2005, or 7.8 percent of total retail sales projected for that year (Dykema, 2000). In addition to this substantial growth in on-line sales, consumers increasingly rely on information collected on-line to research a lot of purchases that are concluded over traditional “bricks and mortar” channels, especially for high value durable goods, such as electronics and automobiles. Such purchases influenced by the Internet are estimated to grow from $13 billion in 2000 to $378 billion in 2005 (Dykema, 2000), or 10.8 percent o...
Subjects
free text keywords: The Internet, business.industry, business, E-commerce, Retail sales, Goods and services, Durable good, Economics, Commerce, Clothing, jel:L86, jel:L81
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