E-Commerce Times Talkback

Re: Report: North American E-Commerce To Grow 46 Percent in 2001
Posted by: ECT News 2001-05-02 19:47:03

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North American e-commerce revenue is expected to grow 46 percent by the end of 2001
compared to a year earlier, to just over US$65 billion, according to a retailer survey
released Wednesday by the Boston Consulting Group and Shop.org.

In addition, the report predicted that online retailing will show significant growth as a
percentage of overall retailing, increasing its piece of the pie from 1.7 percent last
year to 2.5 percent by the end of 2001.

Re: Report: North American E-Commerce To Grow 46 Percent in 2001
Posted by: Elaine Furniss 2001-05-03 08:39:45 In reply to: ECT News

While the projected increase in online shopping shows promise ....Online retailers really need a boost in consumer confidence. We need to market directly to consumers the advantages of shopping online, instead of constantly raising fears of credit card fraud. The are so many businesses online now who have invested a great deal of resources in getting there, and providing a good shopping experience. The problem is - so much attention is focused on negative stories rather than success stories. Consumers and retailers both benefit from choice and comparison shopping online. I am now personally shopping online for pretty much all of my gift purchasing, and the convenience factor is SO GREAT that it needs to be emphasized and promoted. E-commerce service providers, credit card companies, shipping services and more groups need to help retailers promote online shopping also - they all stand to benefit BIG TIME!