I am doing a piece for my web site
http://www.landisnetusa.com called the "Ethnology of the Internet Culture & Consumerism" and I am looking for some data about retail consumer volume vs Electronic Consumer volume. I am comparing both sides against a balanced scale, and I need to factually determine at which side is heavier and how close:
Here is an excerpt from my rough draft to give you an example of where I am going:
Ethnology of the Internet Culture & Consumerism:
Russell Smith:
"Virtual Experience and “cyber-culture” are shaping modern; sociological behaviors, consumerism, communication, and economics of commerce. Consumption patterns are rarely the consequences of just one micro culture, rather, shaped by affiliation with multiple and intersecting micro cultures. Micro cultures include gender groups, racial groups, ethnic groups, and age groups. Consumption patterns comprise of what we purchase, how much we purchase, and where (from whom) we purchase products and services. Traditional marketing strategies were thought to be less expensive with a higher ROI by targeting micro-cultures. For example, toys are advertised during time/slots that children are most likely the audience. The opposite applies to beer manufactures. Would it be considered inappropriate or a bad investment to run their advertising campaigns during early morning television slots?"
Therefore, in the communications era, civilization is entering into a new mode of production through technology and a new macro culture is emerging as a result of electronic commerce. Traditional marketing strategies limit their targeting to certain micro cultural groups such as age, sex, race, and ethnic groups, now are broadening the targeted groups merging the micro cultures into one large macro-cyber culture. This trend poses new opportunities for business to compete evenly or the necessity of current businesses to evolve.
If anyone can offer some information to the economics to substantiate this theory, I will cite the source and link to you via web site and or email.
Thanks again,
RS