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The second of the 3 C's is commerce.
Read how Mr. Dell defined it in Detroit, "The next stage is
commerce, which should be thought of as all transactions, not
just buying things over
the web. In fact, our first activity in this area had nothing to
do with purchasing. It was simply order status."
A few months later at the conference in the Southwest he
reiterated , "The second stage is commerce. You should think of
this as any kind of transactions. Our first
experiment with transactions really had nothing to do with
"commerce." It was an online order status tool. We knew we were
on to something when, in the first week, five thousand customers
used this tool -- and we didn’t even advertise that it was out
there. This formed the foundation of our online sales effort."
He continued, "Our ultimate goal is to deepen relationships
with customers by providing added convenience, efficiency, and
cost savings, and a wider array of services. The Internet
creates an opportunity to move these key transactions online and
drive transaction cost to almost zero."
If you want to be an entrepreneur,
think about all of the transactions that need to take place in
your choice of business.
Do they resonate with Michael Dell's suggestion? Think about
the last quote. "The ultimate goal is to deepen
relationships." Commerce aspects may reduce costs and increase efficiency, but with a purpose. The
ultimate goal is C # 3 which is community.
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