Reasons for Buying on the Internet

Lower Cost

  • Software.Net offers electronic distribution of software at reduced prices. 35,000 pages of on-line news and reviews, and 9000 products. Weekly sales of over 5,000 pieces of software

Convenience

  • Discount Hotels provides hotel availability information and reservations 

Uniqueness

  • MUSIC : CD LINK sells music CD's on the WWW. Privides 20 second snippets of each song

Reasons for Not Buying on the Internet

  • Never Bought Before 
  • Nothing Unique 
  • Unknown Vendor 
  • Unknown Quality 
  • Cannot See Product Before Buying 
  • Insecure Payment Method 

Issues 

  • Which types of products are most likely to succeed? 
  • How can companies overcome the barriers to adoption?