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The Shocking Truth About Internet Sales

Internet Sales

Internet Sales

Go ahead; take a guess as to how much business is done via the Internet. If you’re like most Americans you’ll probably guess a pretty high number. After all, since the Internet went live more and

more of us are purchasing products with our hard-earned cash online, right?

News flash, according to Forrester Research, e-commerce sales between 2012 and 2017 will only account to about 10% of retail purchases. Of course this means that 90% of retail sales come from traditional brick-and-mortar providers.

Think about that for a moment. While we’d like to believe Internet giants like Amazon.com are destroying traditional businesses, the truth is they account for a very small total of the aggregate. Don’t get me wrong, Amazon still accounts for a good share of the $3.6 trillion dollar retail market but in the big scheme of things this internet juggernaut is small potatoes.

What IS happening now and projected to happen in the future is the continued growth of sales, but more importantly, the amount of research consumers’ conduct online before making purchases.

As most of you are well aware, shoppers are using the internet to research future purchases and are becoming more comfortable with the information they find online.

Social media, retail websites, and online forums are just a few of the examples consumers use to help make buying decisions.

What does this mean to you as a business owner? Read the rest of this entry

Keith is the resident writer and troublemaker at Empowered Pros.
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