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Dot-coms: What have we learned?. Power of “clicks-and-mortar†approach (integrating website with existing fulfillment, logistics, marketing) looks real Most B2B efforts clueless about industrial buying Cos have been establishing deep relationships with suppliers
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Dot-coms: What have we learned? • Power of “clicks-and-mortar” approach (integrating website with existing fulfillment, logistics, marketing) looks real • Most B2B efforts clueless about industrial buying • Cos have been establishing deep relationships with suppliers • Mfgers have responded by automating relationships with suppliers • “First mover” or “first succeeder”? • Reduction of transaction costs • Eases outsourcing of functions once performed internally • Source: Fortune, 10/30/00 • But see Wall Street Journal report on Technology, “Information Security: Where the Danger Are,” 7/18/05, “Targeted Attacks”