Word: marketing
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Dates: during 1990-1999
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...sometimes numbers alone can paint a pretty clear picture. Take Chemdex.com a vertical e-market based in Palo Alto, Calif., developed for the pharmaceutical and biotech industry in 1997. Chemdex is reducing sales and distribution costs industrywide by 20%--more than $4 billion of the total $20 billion global life-sciences research-products market, according to Volpe Brown analyst Finnie. "In effect," he says, "Chemdex is turning around to the chemical producers, and it is saying, 'Congratulations! This is your lucky day. You just won the lottery. Here's a check for $4 billion.' These guys have not seen their...
...human, in the view of Stanford University professor Hau Lee, who has spent his career studying supply-chain management. "Large corporations," he says, "are slower to let go of old business practices. They believe maintaining the status quo will help them preserve their commanding position as a market leader...
...climate. The Federal Government has created a simple retirement plan designed for small businesses, the financial industry has begun to use the Internet to help companies administer their plans, and there is a growing recognition by managers that offering retirement benefits is key to recruiting in a tight labor market...
Andre Agassi isn't the only thing in tennis that's on the upswing. So is the game, and that's good news for racquet makers such as Wilson, Prince and Head, the company that makes Agassi's. With golf muscling in on the leisure market, racquet sales have been in a decade-long decline. This year sales could climb 5%, which is in some measure attributable to the ability of a Swedish turnaround artist to persuade the Austrian government's tobacco monopoly to sell him a sporting-goods company created by an American entrepreneur...
...rates usually requires long drives to far-off malls and outlets or sorting through messy racks and bins at department stores. Now there's Bluefly. Not even a year old, Bluefly.com is already a leading Internet retailer, and it specializes in the $27 billion-a-year discounted-designer-clothing market. In the past three months, more than 5 million bargain hunters looking for easier ways to shop 24/7 have visited the site, many attracted by the company's ads in magazines like Vogue and GQ or prompted by links from Women.com AOL and other popular Net portals. Bluefly...