Lower product prices Increased vendor competition Increased buyer productivity Better management information Reduced acquisition times and cost Better inventory control. Information brokerages address this advertising problem, for a fee. Electronic malls populated with virtual storefronts have appeared.
Customers can remotely demonstrate, purchase, and immediately download informational products.
Success in virtual real estate development may depend upon the retailers you can sign-up as lessors. Electronic distribution supports the transfer and delivery of informational products to paying customers. On-line customer satisfaction feedback surveys can also be provided. Networked data warehousing and mining Data warehousing Provides remote storage and low-frequency access to voluminous transaction records. Data mining Uses advanced statistical or hueristic search analyses to discover high-value information nuggets within warehoused data.