Whos making money on the Web?
J.G.: On the Web, there are just a couple of retailers you can find like Amazon. The biggest people we find that are making money are those that are building extranets to connect to the suppliers. Making money means they’re selling goods over the Internet. It’s a lower-cost channel; for example Dell Online is doing about $2,000,000 a day. Cisco also places orders over the Web. It kind of depends on what you mean by “making money.” The ones we find justifying the investment in the site tend to be those that are making money by offsetting costs. I know our company has lots of Web sites and is trying every form of compensation from ads, banners, descriptions and it’s still in the experimental stage. I don’t think anyone is making significant revenues that lead to profits on the Web, unless they’re selling goods and services at lower costs. Microsoft’s Expedia travel service is almost certainly making profit. WWWiz: So are people overcoming their fear of using credit cards on the Web? J.G.
