Teens and on-line shopping don't click

Article Abstract:

Online retailing seems to fail in attracting teenagers to shop as only 4% of US teens plan to buy items online, according to the American Express Retail Index. Internet retailers would still need further improvements in their Web offerings to lure teens, who are estimated to spend around $140 billion annually for retail products. Most teens are disappointed by the incomplete product lines offered and the time needed to purchase and receive items, in contrast to the mall experience.

Market information - general

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Amazon.com turns page to turn a profit

Article Abstract:

Amazon.com Inc, the world's largest Internet retailer and the company that legitimized e-commerce, is infusing Old Economy methods to its New Economy operations to reach pro forma profitability by the end of 2001. Company executives are confident that with this strategy the company will be able to eliminate the mistakes that drive up costs and shrink revenues. The firm expects that it will top the $3 billion revenue in 2001.

Strategy & planning, Amazon.com Inc.

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E-tailers dash to wild, wild Web

Article Abstract:

An increasing number of retailers are bound to enter the Internet scene as more consumers prefer to shop online. This should result in tighter competition, price wars and sales gimmicks from retailers wanting to attract Internet shoppers. The projected influx of more online shops should be encouraged by the estimated sales improvement to $108 bil by 2003 from around $7.8 bil in 1998, according to Forrester Research.

Marketing procedures

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