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Table of Contents
Chapter 1
Chapter 2
Chapter 3
Chapter 4
Chapter 5
Chapter 6
Chapter 7
Chapter 8
Chapter 9
Chapter 10
Chapter 11
Chapter 12
Chapter 13
Chapter 14
Chapter 15
Chapter 16
Chapter 17
Chapter 18
Chapter 19

Chapter 13: Costs and Prices
Forces for Price Reduction

Consumer Power

Marketers should not cry over the power that the Internet gives consumers. Instead, online retailers who surrender to this power, and even facilitate it, will be those who prosper.

Consumers can search (see Chapter 11) the Internet for the cheapest price.

Consumers can organize into virtual buying pools, a process facilitated in the auto market by firms such as Auto By Tel.


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