01 Apr '13, 12pm

GrowSmartBusiness: The Future of Online Retailing #li

GrowSmartBusiness: The Future of Online Retailing #li

Surprisingly, new shoppers coming online for the first time are not a major factor in the growth of ecommerce. Just 4 million people are projected to buy online for the first time this year. Instead, growth is coming because people who are already comfortable with online shopping are now spending more money online, ordering more often, and buying a wider range of products from a variety of sites. Forrester says online shoppers typically become comfortable with ecommerce by purchasing low-risk items such as downloadable music or movies. Only then do they move up to more expensive purchases such as appliances or home furnishings.

Full article: http://www.networksolutions.com/smallbusiness/2013/04/the...

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