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Niche products also can compete well in e-business (vegetarian, organic and fair trade goods). A report from Forrester Research finds that e-businesses will account for 10% of total U.S. retail sales by 2008. (Rush, 1)
E-business will affect entertainment by offering all kinds of entertainment choices over the Internet. Broadband and cable Internet will be able to offer TV programs, movies, games and other entertainment options, competing with usual entertainment sources. "A survey of broadband consumers found 47% of the respondents willing to pay an additional monthly fee for bundles of entertainment or security services" (Gonsalves, p. 1). Market research shows that consumers are willing to watch about five minutes of video on cellular phones, which is just enough time for a music video, during the day when they have free time or during a subway ride. Sports highlights or mini-series would take just about this amount of time. People with advanced handsets, such as iPods would be attracted to premium content, even if it costs more than the basic service, on wireless technology.
E-business will affect manufacturing by streamlining and strengthening their enterprises, gaining speed and flexibility in operations through e-business expertise. Manufacturing will find that information for industries,...
New procurement processes and their implementation, evaluation of sales and information needed in manufacturing are greatly enhanced through the use of e-businesses. Trade fairs, such as the ARC Advisory Group's Eighth Annual E-Business Manufacturing Forum, bring together top executives and decisions-maker from leading manufacturers with e-business solution providers to find portals and outlets, as well as information with which to enhance manufacturing processes (ARC's p. 1).
References
ARC's E-Business Manufacturing Forum, (April, 2000). Enterprise Systems Journal. Retrieved December 29, 2006 at http://findarticles.com/p/articles/mi_hb4302/is_200004/ai_n15012779
Gonsalves A. (Feb 01, 2005). Verizon Wireless launches video entertainment service. TechWeb Technology News. Retrieved Dec29, 2006 at http://www.techweb.com/wire/ebiz/59300224.
Rush,
L. (August 6, 2003). U.S. E-commerce to see significant growth by 2008. E-commerce Guide. Retrieved December 29, 2006 at http://www.ecommerce-guide.com/news/research/article.php/10371_2245631.
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