Online Retail Sales to Top $200 Billion in 2006
According to the National Retail Federation's Shop.org, online sales will top $200 billion, up from $176.4 billion in 2005. This information coincides with a new Harris Interactive poll that finds 77% of U.S. adults now online. Travel is far and away the top seller, followed by computer hardware and software, then autos and auto parts. Even if your business doesn't sell these items, it's good news for anyone selling anything online.
It appears that Internet users are becoming more and more comfortable making purchases online, and bypassing brick-and-mortar retail locations. However, retail spending at brick-and-mortar locations gets a big boost from Web surfers as well. Check out Website Services Magazine's latest issue for more about retail spending augmented by the Web.