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People are now educated prior to making their purchasing decision

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13y ago

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Does the internet hurt the economy?

The internet has changed the economy because it opened up a new place to sell goods and services. You no longer have to go to a store to buy certain things, which could translate to more sales.


Workers who provide goods?

They would be called sales people.


What is Internet purchasing?

Internet purchasing is the buying of goods and services from the internet for example the sale of items by persons on ebay and Amazon.com. In order for the sales to be confirmed there must be an offer to the offeree.


How do you calculate sales revenue knowing margin and cost of goods?

IF cost of goods is available and margin is also provided then sales can be calculated as follows: Sales = Cost of goods / margin of sales


Should Internet shoppers be required to pay federal taxes like people in malls and stores?

There are no federal sales taxes, so internet shoppers are no different from the shoppers in stores. There are also states where there is no sales tax in the malls and stores, such as New Hampshire, so those residents would not pay sales tax in any case. Similarly, if you buy via phone or mail-order catalog from an out-of-state supplier, you don't pay sales taxes if you're from a state that doesn't have a sales tax and you pay an equivalent "use" tax if your state has a sales tax on the type of goods you bought, whether it's internet, phone or mail. Bottom line, your state tax law determines whether you pay sales tax, and it has nothing to do with the Internet.


What kind of impact does online promotion have on sales?

Online promotion is great for sales in this day and age. So many people use the internet for everything. Ithas become especially important in the retail market and internet sales are skyrocketing.


What is the difference between retail and trading?

Trading is used to acquire goods from the people who produce them, and the retail sales business is how these goods are then sold to the general public.


What tools are used to track sales leads?

To track sales leads, people use things like their phones as a sales tool. Another tool people use is social media on the internet and monitoring activity.


What is better internet sales or CD sales?

Assuming you mean CD albums for artists. It's best to go with both! Internet sales through iTunes are probably better than CD. But people as myself LOVE to have a physical CD of the music.


What is the sales tax rate on used goods in this state?

The sales tax rate on used goods in this state is X.


What are the uses of Internet in marketing and sales?

The Internet can be used to sell things directly online via a website on the world wide web. It can also be used as a research tool or a communications tool for sales people. Now with the development of the social web, sales people can use the Internet to more easily connect with their potential customers using social networks such as linkedin.com. As a marketing tool, the Internet can be used to generate sales leads via Internet marketing and online advertising.


What were sales of frozen baked goods in 2002?

As a market segment, frozen baked goods realized sales of $1.5 billion in 2002