See Also: uContent Ecommerce

The growth, integration, and diffusion of information technology and communications is rapidly changing our society, economy, and the way we do business.  Consumers and businesses have been particularly quick to recognize the potential and realize the benefits of adopting new computer-enabled networks. Many consumers
now routinely use computer networks to identify sellers, evaluate products and services, compare prices, and exert market leverage. This electronic revolution is spurring additional investments in facilities, hardware, software, services, and human capital. Ultimately, it may change the structure and performance of the
American economy as much as the introduction of the computer a generation ago.

     E-commerce is any transaction completed over a computer-mediated network that involves the transfer of ownership or rights to use goods or services. Transactions occur within selected e-business processes (e.g., selling process) and are completed when the agreement between buyer and seller to transfer the ownership
of, or rights to use, goods or services occurs over computer-mediated networks. Electronic agreement, not payment, is the key determinant of an e-commerce transaction.   Examples of e-commerce transactions
include sales of books or CD-ROMs over the Internet, an electronic marketplace selling parts to another business, a manufacturing plant selling components to another plant within the company using the firm's
Intranet, and a manufacturer selling to a retailer over an EDI network.

     The electronic economy is here to stay. What is uncertain is the extent of the changes it will bring about. 
With sales in e-commerce steadily increasing, and showing no signs of decline, businesses have a strong
need for an e-commerce presence.  Utopia Net can implement and design an effective and custom e-commerce web site that can meet any need.  We can create a site that will visually display pictures of your products, along with detailed descriptions and payment methods.  Through our partnership with Miva Merchant we have been able to successfully meet our customers needs.

Estimated Quarterly U.S. Retail E-commerce Sales:

4th Quarter 1999 – 3rd Quarter 2002

(Data in billions of dollars, not adjusted for seasonal, holiday and trading-day differences)

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