Word: webbing
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Dates: during 1990-1999
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...work trying to break off some of the market for themselves. Amazon.com added an auction site last spring. (It appears to be starting slowly; as of October, eBay had more than five times as many visitors as Amazon.com's auction site). Yahoo, the most visited site on the Web, introduced its own auctions last year. (Yahoo's big selling point: listing items is free.) And in September, Microsoft, Dell Computer and more than 100 other companies announced that they're linking their websites--and their 46 million users--in a new auction consortium run by FairMarket, a company that creates...
...that eBay was first on the block, locking in buyers and sellers early. The more people flocked to eBay, the more it became the place to be. But the real genius of eBay is its success in building a community--"maybe the most real community on the entire Web," says Whitman. There's no question people like hanging out in eBayland. The site gets more than 1.5 billion page visits a month. And at a time when the Internet mantra is "stickiness"--how long users stay on a website--eBay is cyberspace superglue. Each visitor to Amazon.com spends an average...
Attacking from the Internet is Amazon.com the Web superstore that began selling toys this summer and plans to do to eToys what it did to CDnow in the online music business--knock it out of the top spot. Attacking from the street as well as from cyberspace are the classic "bricks-and-mortar" retailers Toys "R" Us and KB Toys, which were written off as Net players after the last holiday season but this year have developed online offshoots...
...parlance of the Web, Toys "R" Us and KB Toys are "clicks-and-mortar" businesses, combining their retail stores with online versions. Retail observers and investors are watching this holiday season closely for clues as to which type of operation is better positioned to serve customers and make a profit in the 21st century--the eToys model, which operates online only, or the Toys "R" Us version, with which old-fashioned chains are finally forging a Web presence...
Economists get dizzy thinking about this. It is all so scalable. Add a few servers, a dozen more Web pages, a couple more customer-service reps, run your traffic up another digit, expand into new product lines and sell a hundred thousand more books or CDs or power tools. This kind of growth--Internet gurus like David Wetherell, enthralled by the mathematics of community, call it viral growth--defies conventional valuation and makes the usual measure of retailing--same-store sales, sales per square foot--seem like roman numerals or the abacus, relics of another...