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U.S Online Retail Spending Is Up
August 10th, 2011 TrajanIn the midst of all the bad news about the economy both in the U.S. and Europe, there is some good news for online retailers: U.S. e-commerce spending is up 14% due to a larger number of online buyers. The online space continues to grow and is projected to continue this growth, which is good news for businesses selling online.
A recent Techcrunch article says “the 14 percent bump compared to last year represented the seventh consecutive quarter of positive year-over-year growth and the third consecutive quarter of double-digit growth rates.”
You can read the entire article here:
http://techcrunch.com/2011/08/08/comscore-u-s-retail-e-commerce-spending-up-14-percent-thanks-to-an-increase-in-buyers/
Read More »Increase conversions by offering free shipping
May 18th, 2011 TrajanData released today from comScore (via Techcrunch) shows that online retailers are increasingly offering free shipping to buyers. Free shipping is becoming the norm. The study shows that 61% of online buyers are “at least somewhat likely” to cancel an order during checkout if there is no free shipping. Another interesting point is that offer free shipping are 30% higher in value. You can easily offer free shipping to your online buyers. It’s worth testing to see if your conversions increase.
Read the full article at Techcrunch.
Read More »May 10th, 2011 Trajan
Good news for online sellers: online retail grew 12% the past year. That’s the highest growth rate in nearly 3 years.
For more details, check out the article at Techcrunch.
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