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255 Million users on line
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45% of e-stores outsell their actual store within a
year.
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The operating costs of an e-store are a very small
fraction of an actual store, typically less then $1,000 per year.
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In the 3rd quarter of 1999, 8.4 billion dollars in
products and services were sold by e-commerce.
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E-commerce growth is presently 300% per year and
expected to rise while e-commerce presently only makes up 0.5% of
all retail purchases.
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E-stores are open 7 days a week, 24 hours a day and
365 days a year.
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Internet advertising costs are a fraction of radio,
television or newspaper ads.
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Offers convenient customer communication, both
domestically and internationally.
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Shoppers feel more secure purchasing from a mall web
site than from an individual web site.
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E-stores can be on line in less than 30 days.
