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Business-to-Business Internet Marketing, Fourth Edition - Lifecycle ...

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230 BUSINESS-TO-BUSINESS INTERNET MARKETING<br />

decide <strong>to</strong> eventually build one of your own, if not for the outside world,<br />

then for your employees. In a February 8, 1999, cover s<strong>to</strong>ry, the publication<br />

InformationWeek suggested, “A growing number of businesses<br />

are adapting the portal’s gateway-<strong>to</strong>-the-world model as an efficient<br />

way for their employees <strong>to</strong> access critical information online.” The article<br />

went on <strong>to</strong> report that enterprise portals will make it possible for<br />

companies <strong>to</strong> not only share internal information, but for employees <strong>to</strong><br />

use the portal as a “starting point…<strong>to</strong> access real-time and his<strong>to</strong>rical<br />

information…all from their browsers.”<br />

Forrester Research (www.forrester.com) confirms that business portals<br />

will be an <strong>Internet</strong> force in the coming years, suggesting they will<br />

drive a Web business information market that will reach $11 billion<br />

worldwide by 2004.<br />

Auctions<br />

Auction sites can be considered <strong>Internet</strong> communities in the sense that<br />

they bring buyers and sellers <strong>to</strong>gether with the common goal of conducting<br />

commerce. For the b-<strong>to</strong>-b marketer, auction sites may provide<br />

useful opportunities <strong>to</strong> more widely promote products and services beyond<br />

traditional audiences.<br />

The business-oriented virtual mall offers merchants an opportunity<br />

<strong>to</strong> associate as part of a group of merchants who take advantage of the<br />

publicity and e-commerce engine of a larger site. Although virtual malls<br />

may lack daily excitement, auction sites have brought a fast and furious<br />

brand of electronically enabled old-time commerce <strong>to</strong> the <strong>Internet</strong>. As<br />

such, auction sites have become a hot commodity on the <strong>Internet</strong>, even in<br />

the b-<strong>to</strong>-b space. Here are some auction sites and providers that b-<strong>to</strong>-b<br />

marketers should know about.<br />

eBay (www.ebay.com)<br />

eBay, founded in 1995, is the auction site that started it all. It considers<br />

itself very much a community. As of Q1 2001, the eBay community<br />

served 18.9 million registered users representing over 150 different countries.<br />

eBay operates sites in the United States, Canada, the United Kingdom,<br />

France, Germany, Japan, and Australia. In 2000, the eBay<br />

community transacted over $5 billion in annualized gross merchandise<br />

sales, according <strong>to</strong> the company.

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