and
, consumers are swarming Cyber Boulevard, concerns over transaction security notwithstanding.
Orchard Road, ChampsElysees, RodeoDrive and Oxford Street are the places to live out your wildest shopping fantasies.
But a fifth shopper's paradise has emerged, with more choices and customers than ever before. On "Cyber Boulevard", e-tailors and e-shoppers avoid the crush by haggling over the internet.
But, while you can buy just anything, reaching into the screen and grabbing the goods out into your 3-D world is just not possible.
With the exception of products like MP3 files, e-books and gaming software, what you buy will arrive a day, or several days, later.
Enter the courier.
Survey Research estimates that business-to-consumer volume in Singapore will grow from S$30 million in 1999 to S$108 million by 2001.
Bolstered by the strength of brands like
and
, consumers are swarming Cyber Boulevard, concerns over transaction security notwithstanding.
Over the same period, it is the staggering growth predicted in business-tobusiness e-commerce that really excites the couriers; from S$69 billion to S$1.5 trillion. The internet has not only created a global village, but also a global market place.
Transportation companies are poised to play even bigger roles in delivering the e-commerce solution. And we believes the demand for time-definite, reliable movement of goods will increased.
The downside for us, as Internet Techonology impacts the delivery industry in other ways too. We are seeing a gradual reduction of documents being moved physically as more information is transmitted electronically via e-mail. On the other hand, we are seeing a rapid increase in packages being air-expressed as more companies are competing on service and time-to-market.
E-commerce will open up new markets for integrators such as Zodex. The evolving nature of the supply chain is something we will embrace.
To what we see, Internet Trading is lack of after-sales service. To this end, Zodex has its headquaters in London, is working on a strategic alliance with a third party to set up call centres.