They can be delivered electronically over the Internet. Nearly 90 percent of Web users go online to get news and information. More than 2,700 newspapers and 800 TV stations, and all but three of the top 50 magazines have a Web presence. Airlines are able to drive down costs and generate new revenues through the Internet.
Commissions paid to online travel agents are about half the commission paid to traditional agents.
Two years after its launch, Travelocity has 2 million registered members. It costs about a penny to conduct a banking transaction using the Internet and more than one dollar if handled by a teller at a branch bank. In 1997, 4.5 million households were banking online. By the year 2000, as many as 16 million households are expected to do so.