(Web Biz Help Editor's Note: This article further reinforces the importance of having a optimized website and solid online marketing plan in place!)
Web merchants posted strong e-commerce sales in 2008, an early analysis of data for Internet Retailer’s forthcoming 2009 Top 500 Guide shows.
For the 75 Top 500 web merchants that so far have provided Internet Retailer with actual year-end numbers, combined e-commerce sales rose by 19% to $8.33 billion in 2008 from $7 billion in 2007. In contrast, total retail sales last year grew by 1.4% to an estimated $2.40 trillion, according to the National Retail Federation.
The preliminary analysis of Top 500 retailers, which includes 51 web-only merchants, 14 catalog companies, eight chain retailers and two consumer brand manufacturers, reveals that chain retailers grew the fastest with combined e-commerce sales of $2.5 billion in 2008, up 31.9% from $1.91 billion in 2007. The next fastest growing category among this early 75 was web-only merchants, which grew combined sales by 19.3% to $3.65 billion last year from $3.06 billion in the previous year, followed by catalog companies with combined 2008 e-commerce sales of $2.01 billion, an increase of 7.5% from sales of $1.87 billion in 2007.
Read on about these promising results at Internet Retailer!
No comments:
Post a Comment