Some believe that e-commerce has already grown to include a variety of levels. E-commerce is doing business in an electronic manner at a very basic level. Internet commerce is certainly conducting business over the Internet, but it has more to do with the establishment of markets and exchanges, and positions for companies to take with their customers and the rest of their supply channel. It's an electronic way of communicating, selling and fulfilling obligations. If you answered yes to any of these questions, the writing is on the wall.
Experts believe there's little to lose from a buyer's perspective, and all to gain.
Get to know which ones have the best features, which ones have the most responses, and which ones have the most people signed up with them. The Grainger unit, which carries 5 million products from more than 12,000 suppliers, was launched in November 1999. According to Paulson, orders have increased three-fold a day and the number of available products has increased by the hundreds every day. That means providing them products from a single source with one billing from one service database. Pricing is based on freight, cost of product and the company's margin to cover the cost of doing business.