New Marketing Channel: The Internet provides an important new channel to sell to consumers. As a
marketing channel, the Internet has the following characteristics:
■The ability to inexpensively store vast amounts of information at dierent virtual locations.
■The availability of powerful and inexpensive means of searching, organizing and disseminating
such information.
■Interactivity and the ability to provide information on demand.
■The ability to provide perceptual experi-
ences that are far superior to a printed
catalogue, although not as rich as personal
inspection.
■The capability to serve as a transaction
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