E-Commerce Commission Press Kit

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55. Number of Online Newspapers on the World Wide Web as of March 17, 1998.http://www.mediainfo.com/ephome/npaper/nphtm/stats.htm56. “Top magazines by paid circulation: six month averages ended June 30, 1997.”Advertising Age. Figures compiled by the Audit Bureau of Circulations and BPAInternational figures. http://www.adage.com/dataplace/archivers/dp169.html The threemagazines that could not be located on the Web were: the Cable Guide, Home & Awayand American Rifleman (although they may exist under a different name).57. Zollman, Peter M.. “First Profitable TV Web site WCCO of Minneapolis.” E&PInteractive. October 17, 1997.http://www.mediainfo.com/ephome/news/newshtm/stories/101797n1.html58. http://www.UltimateTV.com/tv/us/cable.html59. Maddox, Kate. “Information still killer app on the Internet.” Advertising Age. October 6,1997. http://adage.com/interactive/articles/19971006/article7.html60. Hu, Jim. “Study: Net use eclipsing TV.” news.com. March 30, 1998.http://www.news.com/News/Item/0%2C4%2C20597%2c00.html?dd.ne.tx.wr61. “Classified in Crisis.” Newspaper Association of America. Newspaper Association ofAmerica Market & Business Analysis estimates; Presentation to NAA’s ClassifiedAdvertising Project Team. “The Classified Imperative.” Booz-Allen & Hamilton. January19, 1996.62. Noack, David. “The City Guide Wars: Free For-All Over Local Advertising.”mediainfo.com. September 1997.http://www.mediainfo.com/ephome/news/newshtm/minfocom/0997c.htm63. Charron, Chris et al. “Valuing On-line Audiences.” Forrester Research. November 1997;Doyle, Bill et al. “Branding on the Web.” Forrester Research. August 1997. ForresterResearch predicts that by 2002, the revenue potential for Internet-based content sites willexceed $8.4 billion. $158 million will be spent on subscriptions, $8.1 billion on advertising,and $227 million on content transactions.64. Total advertising spending figures from McCann-Erickson.65. Jupiter Communications <strong>Press</strong> Release. “Top End of Online Travel Market Closing asBottom Tier Opens to New Players - - Online Travel Sites Must Differentiate or Die.”April 16, 1997.66. According to the Air Transport Association of America, domestic and internationalpassenger revenues for U.S. Scheduled airlines in 1996 was $75 billion.58
67. DOT Form 41 data, “Total Operating Revenues and Total Operating Expenses byObjective and Functional Groupings for U.S. Airlines with Annual Operating Revenuesover $100 Million.” U.S. Department of Transportation.68. Phone conversation with Dave Swierenga, Air Transport Association of America.November 20, 1997.69. Airlines pay commissions of 8 percent to traditional travel agents for each domestic ticket,with a cap of $25 for one-way travel and $50 for round-trip travel. Though there is noindustry standard for commissions or fees paid to online travel agents, the major airlinespay significantly less for travel booked this way: American Airlines pays $15/ticket,United pays $10/ticket, Continental and Northwest pay 5 percent with a maximum of $25for domestic trips.70. “True Internet Banks.” Online Banking Report. Last update April 7, 1998. See:http://www.onlinebankingreport.com/top100banks2.shtml andhttp://www.onlinebankingreport.com/fullserv2.shtml71. “Internet Banking: A Survey of Current and Future Development.” Booz-Allen &Hamilton, Inc. February 1996. Survey was limited to North American banks whocurrently had a Web site, among which were 34 commercial banks, 19 credit unions and 3thrifts/FSBs.72. Ibid.73. “Lessons from the Payments War: The Battle Banks Must Win.” Booz-Allen & Hamilton.November 1997. The check is the preferred method of payment 70 percent of the time forpaying monthly bills in the U.S.74. IBM Analysis75. Jupiter Communications estimates that 4.5 million households were banking online in1997, growing to 13.1 million by the year 2000. See: “1997 Home Banking Report.”Jupiter Communications. Faulkner & Gray expects that 10 million households will bebanking online by 2000. Source: Faulkner & Gray’s 1998 Directory of Home Banking &Online Financial Services. Booz-Allen & Hamilton projects that by 2000, more than 16million households will do their banking using the Internet. See: “Internet Banking:Letting Customers Have It Their Way.” Financial Services ONLINE. November 1997.pp. S3-S8. Find/SVP projects that upwards of 16 million households will bank online bythe year 2001, “provided banks do a better job of marketing.” See: “Online Banking: UserProfiles, Market Segments and Forecasts.” Find/SVP. March 1997.76. Forrester Research77. “The Long Uphill Climb.” Insurance Executive. Winter 96/97. Ernst & Young.59
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Frequently Asked QuestionsHow was t
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Commissioner BiographiesDean Andal,
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Paul Harris, Sr., Delegate, Virgini
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Robert Novick, General Counsel,Offi
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Stanley Sokul, Independent Consulta
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(d) Definition of Generally Imposed
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(D) Internet access service.--The t
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(b) Membership.--(1) In general.--T
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(B) an examination of the collectio
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(iii) imposes an obligation to coll
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(B) Exception.--Such term does not
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(2) to accelerate the growth of ele
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Traditional business and sales tax
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THE EMERGING DIGITAL ECONOMYIntrodu
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INTRODUCTIONDuring the past few yea
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CHAPTER ONE:THE DIGITAL REVOLUTIONT
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What makes this rise in IT’s nomi
Page 39 and 40: Despite these impressive trends, th
Page 41 and 42: Hundreds of new firms are starting
Page 43 and 44: Table 3. The Race to Build Out the
Page 46 and 47: usiness electronically with new sup
Page 48 and 49: increased 40 percent over the previ
Page 50 and 51: from one supplier to another. It co
Page 52 and 53: and maintaining customer relationsh
Page 54 and 55: For a business to feel comfortable
Page 56 and 57: CHAPTER FOUR:DIGITAL DELIVERY OF GO
Page 58 and 59: and marketing costs may become too
Page 60 and 61: Lower sales and marketing costsIt i
Page 62 and 63: large bank, the initial investment
Page 64 and 65: Table 4. Internet Sales of Personal
Page 66 and 67: For the multimedia industry, the qu
Page 68 and 69: ook according to topic. The topic c
Page 70 and 71: THE FUTUREAnalysts believe that Int
Page 72 and 73: Often today, consumers are not give
Page 74 and 75: CONVENIENCEConsumers cite convenien
Page 76 and 77: This pattern of lower prices is not
Page 78 and 79: CHAPTER SEVEN:WORKERS IN THE DIGITA
Page 80 and 81: WORKFORCE FLEXIBILITYWorkforce flex
Page 82 and 83: CHAPTER EIGHT:CHALLENGES AHEADThis
Page 84 and 85: ENDNOTES1. “Monetary Policy Testi
Page 86 and 87: (CERN) in Switzerland. In 1991, the
Page 88 and 89: 34. Shankar, Bhawani. “Digital TV
Page 92 and 93: 78. “Internet Insurance: A Study
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