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European Retail Research, Paperback / softback Book

European Retail Research Paperback / softback

Edited by Bernhard Swoboda, Dirk Morschett, Thomas E. Rudolph, Peter Schnedlitz, Hanna Schramm-Klein

Part of the European Retail Research series

Paperback / softback

Description

Fifteen years after its commercial launching, the Internet has become the second most imp- tant distribution channel (after high street retailing) and a major source of customer infor- tion and empowerment (Urban 2003, 2005; Constantinides/Fountain 2008).

A number of - cent developments in this field threaten to further weaken the role of traditional retailing in a number of sectors where retailers and intermediaries have always played an important role.

Music, entertainment, press, printing/publishing and traditional travel agents are some of the branches that have already felt the negative effects of Internet-enabled disintermediation.

The web has made possible the direct contact between producers and consumers, making the physical retailer of information-based products or intangibles redundant.

These developments are widely seen as effects of the Internet evolution and have been ext- sively discussed and debated.

However, over the last three years, a new generation of online tools, applications and approaches such as blogs, wikis, online communities and virtual worlds, commonly referred to as Web 2. 0 or Social Media, are increasingly attracting the - tention of practitioners and, recently, of academics.

As often happens when revolutionary - novations become booming business, research and theoretical underpinning on the Web 2. 0 issue is still very limited and there is not even a generally accepted definition.

What most people would agree though is that a fundamental element of Web 2.

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