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Jan 23 2011 23:52
9 BILLION DOLLARS was spent online between November 1st thru 21st hitting a record high for.November 29th 2010 cyber Monday online sales climbed to a one day high of over 1 BILLION DOLLARS. Online holiday sales were up 12% from the previous year as of Dec. 17, at $27.46 billion since Nov. 1, reported web measurement firm comScore Inc. That represents a significant improvement from a 4% increase in e-retail sales during the 2009 holiday season. And the week ended Dec. 17 was the strongest ever for U.S. web retailers, comScore says.Carl Steidtmann, chief economist at Deloitte Research, says the surge reflected consumers? pent-up demand and renewed confidence. E-commerce stocks were up 35% last year, well ahead of the market. Acquisition activity was intense, and venture capital companies are trolling e-commerce waters in search of deals. Giants of the Internet industry are spending heavily on new e-commerce initiatives. Forrester Research put out a new five-year forecast predicting that e-commerce sales in the U.S. will keep growing at a 10 percent compound annual growth rate through 2014. It forecasts online retail sales in the U.S. will be nearly $250 billion, up from $155 billion in 2009. Last year, online retail sales were up 11 percent, compared to 2.5 percent for all retail sales.I am fortunate enough to now be a part of the ONLINE SHOPPING BOOM!I would like to show you how easy you can get involved with this Multi Billion Dollar Industry. DO SOMETHING FOR YOUR SELF. START SAVING & EARNING TODAY!
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