According to U.S. Government reports ecommerce continues to improve dramatically, Total e-commerce sales for 2006 were estimated at $108.7 billion, an increase of 23.5 percent (3.3%) from 2005.
This is not surprising when you consider that 60% of all new small businesses have an online presence. This is further enhanced when you take into account the meteoric rise of online users. In 2001 there were approximately 142 million online users. By 2006 there were approximately 211 million online users (many of whom enjoy not fighting traffic to find the products they want).
Online spending increased among all user groups from 2001-2005. It is anticipated that an online consumer will spend in excess of $800 with an ecommerce business this year.
What makes this statistic all the more remarkable is that if you have an online business presence you gain access to a marketplace with 211 million potential customers who may be willing to spend money with your online business.
It may be that you are looking at $800 per online consumer and thinking, Thats not nearly as much as I thought. It is true that at the present time individuals will spend more in traditional...