David Streitfeld reports in the following viewpoint that it is as difficult to sell products on the Internet as it is in traditional stores. When e-commerce first began, he explains, Internet companies thought they could grow quickly by spending vast amounts of money on marketing and by underselling the competition, which resulted in most online retailers going bankrupt. Streitfeld asserts that in the future, Internet companies will be successful only if they maintain a strong off-line presence and sell goods in a more traditional manner. David Streitfeld is a Washington Post...
Source: The Internet, ©2002 Gale Cengage. All Rights Reserved. Full copyright.
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