Online Shopping taking off.
Online Shopping taking off.
Added by Duncan Costley. August 04, 2005
Online Sales to Surpass Catalog Sales by 2007
Online sales from consumers purchasing off the internet is estimated to overtake catalog sales within 18 months.
The 2005 Abacus Multi-Channel Retail Annual Trend Report, which came out at the beginning of August found that:
Online sales from consumers purchasing off the internet is estimated to overtake catalog sales within 18 months.
The 2005 Abacus Multi-Channel Retail Annual Trend Report, which came out at the beginning of August found that:
Direct sales totaled $23.4 billion in 2004, up 10 percent from 2003, with web-based sales accounting for 38 percent of those sales. That compares with 32 percent in 2003 and 28 percent in 2002, leading Abacus to estimate that online sales would overtake catalog sales within 18 months.
Category(s): Nextday News
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