FACT: The US Department of Commerce reports retail e-commerce sales in the first quarter of 2002 were $14.4 BILLION, UP 28.2 PERCENT from the 4th quarter of 2001.
FACT: The number of internet users will climb to 80% of the United States population, or roughly 240 million individuals in less than three years (by 2005).
FACT: Pocketsize personal digital assistants with wireless internet access are becoming as common as cell phones (they are cell phones).
1990: The first web server in the world is launched.
1995: Compuserver and AOL develop private directory resource.
1996: Microsoft and Netscape start browser war when Microsoft wants to include Internet explorer on the Windows desktop.
1999: Business.com sold for $7.5 million and Loans.com sold for $3 million.
2005: Sex.com sold for $12 million dollars.
2007: Porn.com sold for $9.5 million, Seniors.com sold for $1.8 million dollars and Chinese.com sold for $1.2 million dollars.
Online shopping has become widely avalible as broadband connections to the internet increase exponentially. Anything you can buy at a store can now be bought online and usually at a better price.
Cars, computers, coffee, clothing, airline tickets, jewelery, televisions, homes, appliances, books, music, antiques, pharmaceuticals, hotel accomidations... you can add to the list.
By 2004, more than 50 million U.S. households will buy on-line, and online website revenues will soar to $188 billion.
It is estimated that 13. 40% of all purchasing will be done on the Internet, during the next 3 years, as more homes get "connected" to the net.
On-line retailing is no longer a question mark. Our interviews with 100 on-line merchants reveal that sales are at least double what merchants projected a year ago.
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