The Benefits of Global Electronic Commerce

As innovative companies and technology-savvy consumers increasingly use information networks and technologies for business and commerce, the traditional marketplace will increasingly give way to a 24-hour-a-day, borderless "marketspace" -- the virtual market of the 21st century. This shift to Global Electronic Commerce will deliver important benefits to companies and consumers that fully utilize its potential.

Extends Market Reach Around the Globe

Increases Consumer Convenience and Choice

Generates New Business Opportunities

Enhances Competition and Reduces Prices

Creates New Market Efficiencies

Streamlines Operations and Reduces Costs

Small U.S. businesses using the Internet and similar technologies have grown 46% faster than small businesses who do not.
[American City Business Journals]
A recent study of 41 companies with internal networks determined that the typical internal network gives a company an average annual return on investment of 38%. It also found that the more interactive the network, the greater the return on investment, up to 68% for "collaboration-rich" networks.
[META Group]