Questions and answers question 1 will the internet

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Questions and Answers Question #1 Will the Internet continue to grow as fast as it has in the past? That depends on one's metrics to define growth. This chart predicts the future success of the Internet. Before After In 1999, 54.5 million users were ages 19-49 By 2005, users between the ages of 19-49 are expected to number 84.0 million. Users over the age of 50 numbered 17.3 million in 1996. Jupiter Research estimates 49.6 million Internet users will be over the age of 50 in 2005. By the end of 1999, 45.4 million households were online. More than 80.2 million households will be online by 2005. In 1999, teenagers spent $129 million online. By 2002, research estimated that teenagers spent approximately $1.2 billion online. Question #2 How Big Is E-Commerce? The sector represents a growing piece of the overall commerce pie, and its share is expected to increase steadily -- though gradually -- over the next five years. For example, Forrester Research found that online sales accounted for US$51.3 billion in revenue during 2001. Revenue for 2002 is expected to total $72.1 billion, a 41 percent increase over the last year. Indeed, online commerce has continued to gain momentum this year despite an overall weak economy, coming off a woeful year for retailers in general. The resilience of the e-commerce sector in tough times supports the argument that it could become a larger force in the future, even though it currently represents just a small percentage of overall retail revenue. According to Forrester figures, overall retail sales -- online and offline -- totaled $2.16 trillion in 2001, meaning that e-commerce captured 2.4 percent of the total take. In 2002, e-commerce's share is expected to come in at 3.2 percent of a $2.25 trillion total. Question #3 How do you select the appropriate e-Business model?
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