Europe Will Weather US TECH STORM.WESTERN EUROPE'S experiment in B2C e-commerce B2C e-commerce The conducting of commerce by companies, government agencies, and institutions with consumers over the Internet. Amazon.com is typical of a company engaged in B2C e-commerce. is not dead, reports the Yankee Group (the Yankee Group, Boston, MA, www.yankeegroup.com) A major market research, analysis and consulting firm founded in 1970 by Howard Anderson. It provides general consulting and strategic planning in the computer and communications field. , a Boston, MA-based consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a . Despite the dot-com doldrums doldrums (dŏl`drəmz) or equatorial belt of calms, area around the earth centered slightly north of the equator between the two belts of trade winds. spreading westward from the U.S., the underlying marketplace model is sound and conducive to recessionary efficiencies, the report notes. The shakeout has jettisoned opportunistic businesses and poor managers, yet demand for online shopping remains undiminished and Internet penetration and logged-on rates continue to increase. In addition, barge offline retailers with well-known brands are finally joining the party.
Western European B2C
E-Commerce Revenues
In Millions of Dollars
2000 8,139
2001E 12,415
2002E 20,103
2003E 30,305
2004E 49,447
2005E 73,017
2006E 92,062
Source: The Yankee Group, 2001
Note: Table made From bar graph
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