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Ecommerce is developing at a fast rate and is currently being mentioned all over the world as a Billion Dollar Industry. this Ecommerce blog is available to provide the reports and information on ecommerce on how it's quickly becoming a alternative shopping solution with leading retailers leading the way and small retailers getting apart of the action. Come and visit this blog daily to get the most recent information.

Monday, February 21, 2005

Ecommerce and the concept of New Technology

Ecommerce and the concept of New Technology


As you can see in this Graph retailers who use new technology and services and ways to bring the products and services to customers may get a handful of there regular customers to return every month. Almost 50% to be exact. In this graph if you look at the direct request % of 47% and look at the unique’s which in this example would go off the graph to 40,000 customers a month for those merchants who use new technology that is being developed may see a return amount of just under 20,000 customers. What if this concept could be applied to sales?

As an example lets say a retail store had over $10,000 in sales for one month, and they had a direct request % of 47% that would mean you would continue getting at least $5,000 in sales every month just by providing your customer with new technology to feed the products.

New Technology as explained in the other posting at the blog would be RSS and new internet enabled gadgets and video streaming. Just something to think about Retailers and internet businesses.

5 Comments:

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1:22 AM  
Blogger Natwho said...

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9:08 AM  
Blogger Natwho said...

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9:27 AM  
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1:49 PM  

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