By: Mariel Leynes

Samuel Morse sent a telegraph message in 1944.

Sears began telephone permitted electronic voice transactions

The type of business model or segment of a larger business model, that enables a firm or individual to conduct business over an electronic network, typically the internet.

• B2B (Business to Business)• B2C (Business to Consumer)• C2B (Consumer to Business)• C2C (Consumer to Consumer)

Lower transaction costs Larger purchases per transaction Integration into the business cycle People can shop in different ways Larger catalogs Improved customer interactions

Lack of a business model. Lack of trust and key public

infrastructure. Slow navigation in the Internet. High risk of buying unsatisfactory

products. Lack of security.