$204 Billion of Online Sales and Growing
Posted on 09 April 2008 in Affiliate Marketing
by David Tan, Affiliate
Let's see.
Online sales continue to be dominated by 3 industries. Apparel which accounts for $26.6 billion, computers at $23.9 billion and autos which accounts for $19.3 billion of online retail sales.
Online retailers generally allocate 50+% of their marketing budget to attract potential customers. Utilizing 21% of the budget in keeping the customers they get. Search engine AND affiliate marketing help keep existing and bring in new customers.
The convenience of shopping online is driving more people to purchase online. That and also the easy to find coupons, discounts and lower price research that can be found online is also a big factor in the growth of online retail sales.
The report from Shop.org has some of the above info and you might want to check it out, just to help forecast what's gonna happen in 2008.
How much of the pie is your business getting from online sales? Start an online store & sign-up for an affiliate program.
Online sales continue to be dominated by 3 industries. Apparel which accounts for $26.6 billion, computers at $23.9 billion and autos which accounts for $19.3 billion of online retail sales.
Online retailers generally allocate 50+% of their marketing budget to attract potential customers. Utilizing 21% of the budget in keeping the customers they get. Search engine AND affiliate marketing help keep existing and bring in new customers.
The convenience of shopping online is driving more people to purchase online. That and also the easy to find coupons, discounts and lower price research that can be found online is also a big factor in the growth of online retail sales.
The report from Shop.org has some of the above info and you might want to check it out, just to help forecast what's gonna happen in 2008.
How much of the pie is your business getting from online sales? Start an online store & sign-up for an affiliate program.
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