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Chapter 13 · The Nature of Online CompetitionReviewFirms can target virtual segments.The Net disintermediates transactions. The Net creates information intermediaries. Automation will impact costs and prices . Networked computers allow efficient consumer search (see Chapter 11). Hypertext has more flexibility than paper. For example, you can display complementary merchandise . The weaknesses of computer screens create a need for creative page design. Online stores can "carry" unique merchandise. Online retailers should provide an incentive to buy now . There are bottlenecks in human information processing (see Chapter 7). ActivitiesCD Now AssignmentAdditional InformationSarkar, Mira, Brian Butler, and Charles Steinfield (1996), "Intermediaries and Cyberintermediaries: A Continuing Role for Mediating Players in the Electronic Marketplace," Journal of Copmuter-Mediated Communications, 1 (3), http://jcmc.huji.ac.il/vol1/issue3/sarkar.html Copyright 1998 by Digital Springs, Inc. All Rights Reserved. | |