scroll to top
Stuck on your essay?
Get ideas from this essay and see how your work stacks up
Word Count: 501
THE ECONOMY IS a buyers world The three great trends of our time -- globalization deregulation and digitization -- have given the consumer more choices and more information than ever before And choices and information mean market power Twentieth-century economists have long taught the notion of consumer sovereignty but only in recent years have consumers experienced its full force And then there is the Internet which has expanded the consumers horizons from his or her Much has been made in recent years of the benefits of e-commerce But actual buying over the Internet is still only a fraction of the nations 58 trillion in For now the real value to the consumer of the Internet is not e-commerce but information By providing consumers with easy access to information the Internet has already dramatically changed the relationship between consumers and sellers Think about buying a car If you have ever gone to a car dealership without doing research you know what an unpleasant experience that can be A salesman will fill your ears with talk of rustproofing financing plans and options Hell talk about how he is offering you a price so low that theres barely any money left in this for the dealer And you squirm in your chair Why Because the salesman has all the information and you know only what he chooses to tell you Spend an hour on the Internet first however and the experience is completely different You know in advance not just the sticker price but the dealers invoice You know which options are worth
@Kibin is a lifesaver for my essay right now!!
- Sandra Slivka, student @ UC Berkeley
Wow, this is the best essay help I've ever received!
- Camvu Pham, student @ U of M
If I'd known about @Kibin in college, I would have gotten much more sleep
- Jen Soust, alumni @ UCLA