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A friend wanted to start a click-only business in a highly competitive market sector.

What would you say to a friend who wanted to start a click-only business in the highly competitive sector of the market, such as resale of used text books?

Please include references.

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What would you say to a friend who wanted to start a click-only business in the highly competitive sector of the market, such as resale of used text books?

Click only business refers to the business in which organization is using internet and other ecommerce technologies to conduct the business.

As per Gary Sanders, "The Internet has achieved faster acceptance by Americans than any other previous technologies and businesses are already discovering that the Web is having a profound impact on how they conduct business. Conservative estimates are for Internet retail sales to reach $7 billion by the year 2000, and some respected analysts predict it to grow to $100 billion over the next five to eight years. As with any new initiative, there are costs, benefits, and risks associated with the undertaking. Anyone who wishes to maintain a Web site on the Internet can do so at a modest cost, or in some ...

Solution Summary

Solution helps in discussing click-only businesses in approximately 550 words.

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