Industry research organizations are busy drawing the proverbial hockey-stick diagrams showing how ECommerce's growth will be exponential, again defying older business assumptions about diffusion of innovations and market inertia. However, not a day goes by, without ECommerce showing up and affecting the way we behave at work or at home.
Email is the first wave of Internet's benefits.
Its ubiquity simplifies access across all geographic boundaries, and time zones. But, the real power of the Internet has yet to be seen. Its promise is in its ability to transform the way a firm conducts its business with its customers, with its suppliers, and within its own organization. Internet based buying, selling and processes provide opportunities to many businesses to reinvent themselves, creating new business designs and models for evolving market spaces. To some firms the jury is still out about ECommerce's economic benefits.