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Media: Internet Week on Online Sales Trends


Source: Internet Week, 11 October 2005
Submitted by Ann Light

"Report Sends Encouraging Signals For Online Sales Growth" examines the latest Forrester Research report in the context of a softness in consumer spending in the USA.

Forrester predicts that annual online sales will reach $329 billion by 2010, up from $172 billion this year and account for 13 percent of all US retail sales by the end of the decade.

The Forrester report: "US eCommerce: 2005 To 2010" has lowered its 2004 prediction of $331 for 2010, but predicts an average growth rate of 14% a year. 'Online sales of clothing, consumer electronics, health and beauty, home products, food and beverages and sporting goods are forecast to grow even more.'

 


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Internet Week: Report Sends Encouraging Signals For Online Sales Growth


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