Traditionally, the December holiday season is the most important part of the year for many businesses, especially those in retail. But so far, predictions aren’t that rosy for this year’s profits. High gas prices, high cost of living, and low consumer confidence are expected to put a damper on the holiday shopping plans for many.
But that’s not entirely true for everyone. You can expect online shopping to be bigger than ever. Why? Let me outline a few reasons why online retail sites like Amazon, to small home-based operations will be raking in the cash in the weeks ahead.
1. Very few are going to blow off the holidays, even if funds are low. And most people will buy cheaper gifts rather than cross some loved ones off their shopping list. When people don’t have a lot of disposable cash, they look for low prices. Suddenly bargain hunting becomes the order of the day.
Expect masses of North Americans to flock to online retail sites in ever greater numbers. The super-low overhead of online retail allows sites to offer wide selection at the lowest prices on Earth. After a decade of Internet shopping, millions of people are now fully aware...
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