E-commerce without a doubt is booming!
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"There is no doubt that while brick and mortar businesses feel outdated, brick and mortar sales continue to massively trump online sales. But e-commerce sales are growing at a very strong rate. In 2009, U.S. online sales amounted to $155.2 billion, only 6% of total retail sales (via Forrester Research). A new report from comScore released "its Q2 2010 U.S. retail e-commerce sales estimates, which showed that online retail spending reached $32.9 billion for the quarter, up 9 percent versus year ago." According to the numbers in the study, U.S. e-commerce sales have a 7% Compound Annual Growth Rate (CAGR) since 2007. E-commerce, without a doubt, is booming!" "Forrester predicts that online sales will reach $250 billion in 2014, capturing 8% of the total U.S. retail sales" I wanted to share this article with you called the Long Tail of Retail: A new report from comScore released "its Q2 2010 U.S. retail e-commerce sales estimates, which showed that online retail spending reached $32.9 billion for the quarter, up 9 percent versus year ago." According to the numbers in the study, U.S. e-commerce sales have a 7% Compound Annual Growth Rate (CAGR) since 2007.
A new report from comScore released "its Q2 2010 U.S. retail e-commerce sales estimates, which showed that online retail spending reached $32.9 billion for the quarter, up 9 percent versus year ago." According to the numbers in the study, U.S. e-commerce sales have a 7% Compound Annual Growth Rate (CAGR) since 2007.




