Online Retail Spending Continue To Rise In 2010

In time when unemployment on the rise, prices on the rise and salary remains, people say that the economy is tough. But now you can look at the bright side with this piece of news because it means more opportunity for you.

EcommerceJunkie mentioned that in overall, online retail sales have totaled $66.9 billion through the first half of 2010, which is also a 9 percent increase over the $61 billion that was reported during the first six months of 2009.

e-commerce sales hit $32.9 billion in the second quarter this year, excluding online travel, auctions, automobiles and large corporate purchases. Stats from comScore.

Driving the strong growth of e-commerce sales thus far in 2010 has largely been upper income households, those with annual incomes of over $100,000. That demographic is spending about 17 percent more online than they did last year.

Well, i guess this is what they say “to try to see something good in a bad situation”. Why don’t you be part of the good news instead of the bad?

If you haven’t got my brand new book “How to Sell Online – With Your Own Website”, check it out now. Over there, i shared with you how i created my ecommerce blog and sell the stuff i used to sell on eBay there. I haven’t been really successful with the new Ebay policy, but having my own site really give me better sales.







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