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Article: Dynamic Pricing Plays Critical Role in the Growth of B2B eCommerce, According to IDC.
- Article from:
- PR Newswire
- Article date:
- December 12, 2000
CopyrightCOPYRIGHT 2000 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Regions and Countries That Insist on Personal Business Relationships Will Lag
in the Adoption of Dynamic Pricing
FRAMINGHAM, Mass., Dec. 12 /PRNewswire/ --
As business-to-business (B2B) ecommerce grows, the value of goods and services sold through dynamic pricing sites will increase more rapidly than overall B2B sales. According to IDC, the percentage of worldwide B2B ecommerce that is "dynamic" will jump from 5% in 2000 to 13% in 2004. In the United States, dynamic pricing will represent 20% of B2B ecommerce in 2004.
"Although dynamic pricing is on the rise worldwide, geographic and cultural factors play crucial roles in determining ...