Love Your Site Or Get Your Money Back-30-Day Guarantee included

 
 

 

Got Questions?

I Have Answers!

 

 

Website Marketing Consultant

Business - (888) 558.2446 Ext. 1

Shane.merem@websiteforge.com

Web retail up 15.6% in April: MasterCard
May 6th, 2010 at 1:03 pm   starstarstarstarstar      

April e-commerce sales increased 15.6% year-over-year, according to MasterCard Advisors' SpendingPulse report, which also found the average price of an online transaction was up 0.2% compared to April 2009.

 

During last month, the luxury category posted a 15.5% year-over-year increase, paralleling its 15.2% jump in February. Electronics sales increased 8.5% year-over-year in April 2010, while women's apparel saw a 4.1% decline and men's apparel dropped 0.5% during the same period.

 

“The recession has been e-commerce's best friend,” said Fiona Dias, EVP of strategy and marketing at e-commerce firm GSI Commerce. “If you look at [fourth quarter] 2009 for retail stores, retail started to cut costs. They took associates out of their store; they took inventory out.”

She added that retail will eventually recover, “but not at the same pace as e-commerce.”

 

Mike Berry, director of industry research at MasterCard SpendingPulse, noted that “in many sectors of the retail marketplace, e-commerce is the only major growth sector.”

 

“The retailers who are growing are the ones who are growing e-commerce traffic,” he said. “Many of the drivers of the e-commerce space are pure e-commerce players. They don't even have a bricks-and-mortar presence.”

Jim Fisher says:
May 21st, 2010 at 1:21 pm   starstarstarstarstar      

I don't think ecommerce sites have been immune from the recession but they sure seem to be weathering the storm better than many other sectors.

 

Jim Fisher

Name * 
Email * 
Rate This Post  
Spam Protection 

Call Today!  We can answer all of your questions and get you a price over the phone just by answering a few questions!

1476738831_logo_social_media_phone 231-266-0606