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Thinking In The Box

E-commerce kits make selling online a snap.

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This story appears in the November 1998 issue of Entrepreneur. Subscribe »

At a recent conference on e-commerce held in Monte Carlo, Monaco, IT research firm International Data Corp. (IDC) announced that more than $8 billion was spent on online e-commerce transactions last year. Framingham, Massachusetts-based IDC estimates this number will grow to an astounding $333 billion by 2002, when, it predicts, sales from Web-based transactions will account for nearly 1 percent of the world's economy.

With so much potential revenue waiting to be generated, more small businesses are looking for a quick, easy way to sell their products and services on the Web. This stampede toward e-commerce has spurred some of the larger technology companies, such as IBM and Compaq, to begin offering integrated e-commerce solution packages that consist of nationwide Internet access and e-commerce services (including e-commerce site-building tools) geared to small businesses.

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