Myth: The popularity and economic trends of e-commerce fell with the dot-com bust of a couple of years ago.
Fact: The amount of goods sold online is increasing at double-digit rates, with estimates that it will end this year at about $95 billion, up from $76 billion in 2002.
The reality is that more and more consumers — and businesses — are using online transactions for ease, security and increased productivity. A recent Business Week article estimated that businesses will save $450 billion by 2005 by capitalizing on the Internet's ability to improve productivity, lower inventory levels and communicate more quickly and easily.
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