Consumers flock to FreeShipping.com to snap up deals for no-cost shipping this week. Meanwhile, Amazon is running out of some of its goodies and ...
Online retail sales will nearly double by end of 2005, eMarketer projects
Online retail sales will reach $88.1 billion in 2005, nearly double 2002’s $45.5 billion, and 50% higher than this year’s sales, research company eMarketer Inc. projects.
Online retail sales will reach $88.1 billion in 2005, nearly double 2002’s $45.5 billion, research company eMarketer Inc. projects. E-retail sales this year will total $58.2 billion, eMarketer says, for growth of 28% over last year. 2002’s sales were 27% over 2001, according to eMarketer’s figures.
Travel-related online sales will total $45.2 billion in 2005, almost double 2002’s $24.8 billion. Those sales will reach $31.9 billion this year, up 28% vs. last year.
EMarketer’s “North America E-Commerce: B2B & B2C” report, which come out this week, also reports that 9.4% of b2b purchasing was conducted over the Internet, according to a study by Forrester Research Inc. and the Institute for Supply Chain Management, 45% greater than the proportion done over the Internet in Q2 and Q3 and 65% greater than Q1’s proportion.