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By Ed Cone
IT in the Great Depression
The industry as we know it didn't exist then, but early leaders made decisions that were quite pertinent to today's environment.
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The Web Is the Most Common Way to Sell
By Allan Alter
2006-10-31
Article Views: 1246
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The Web Is the Most Common Way to Sell (
Page 1 of 3 ) November 2006 Customer Strategies Survey: Businesses are looking for growth, and nearly all use the Internet as a sales channel. But company Web sites still have a ways to go before they reach the profitability of other channels. The "e" in "e-commerce" now stands for "everyday." The Internet, once a novelty, then an important customer service and sales tool, has now emerged as the most popular sales channel. But are companies getting all the benefits they could? That's the question we are asking in our new Customer Strategies survey, on which we will be reporting throughout November. This week's report has two parts: In our first finding, we report that companies are still focused on growth, and are making customer acquisition their first priority. In finding 2, we examine how the Internet compares with other sales channels. It turns out that at least four other channels are more profitable than company Web sites, B2B exchanges, online auction sites and retailers. We also found that few companies are getting the bulk of their new customers from the Web. Can companies do a much better job of selling on the Web? In the following weeks, we'll be broadening our inquiry, looking at IT strategies for marketing, sales and customer service.
For more data and analysis, see CIO Insight's Research Center blog at go.cioinsight.com/researchcentral
Next page: The hunt is on for new customers; most companies continue to favor growth over cost-cutting.
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