Ganging Up On The Web
About 2.3 million small businesses are now buying online, says a new study from research firm AMI Partners, but that's just the beginning. Some 670,000 small businesses already shop at online auctions. Group purchases could be next--1.3 million small businesses say they're interested in banding together to bargain.
What about selling? AMI says only 40% of small businesses think online sales matter. Most figure what they offer "can't be easily sold on the Web," says AMI's Andy Bose.