Ecommerce blog

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.

Online consumer spending may reach $100 billion by 2007!

Online consumer spending may reach $100 billion by 2007!

Online shopping's popularity among consumers are growing and there is a great chance that it may reach a possible $100 billion or more in consumer spending by 2007.

As online consumers are now getting more comfortable with the internet and shopping online. There’s a possible chance that consumer spending may double by the end of 2007.

With Internet retailers finally understanding that internet promotion among there brands is important and new technology developing the ecommerce channel will be a big part of the economy by 2007. The internet has increased jobs by millions and will continue doing so with new retailers coming online every month.

Ecommerce what is coming next?
with the technology of RSS and interactive video and audio streaming may be soon to be available on cell phones and palm pilots and internet enabled gadgets such as watches, apparel and so on. We really need to understand what this could mean to a lot of consumers and retailers. Easier shopping and more convenient for consumers, that is the most important for ecommerce.

View Article

E-retailer catches on with 1-item per day strategy

Market research firm comScore Networks estimated recently that online consumer spending in 2004 would total around $66 billion, up from $53 billion in 2003.

View Article