With
online retail sales growing at about 25 percent per year, it's no surprise that more and more businesses are focusing in on their audience of online shoppers.
Social media may still only drive a small share of
total online retail sales, but its impact is becoming impossible to ignore.
Analysts are already predicting a rosy future for
online retail sales in India, a segment that could be worth $ 76 billion US by 2021, a substantial improvement from the just $ 600 million US it was worth by end of 2012.
From the rise of eBooks to the impact
of online retail sales through companies like Amazon to the wide acceptance of self - publishing as a natural path — countless authors are writing books and then wondering what to do with them.
In a recent post on IBM's Commerce Blog, the company says artificial intelligence can boost
online retail sales by analysing customer data, identifying purchasing trends and behaviors, and informing decisions about when to put items on sale and when to order new ones.
But with U.S.
online retail sales expected to grow to $ 262 billion this year from $ 231 billion in 2012, it's worth doing what it takes to claim a bigger slice of the ecommerce pie.
The U.S. Supreme Court agreed Friday to decide whether states will be allowed to collect what could amount to billions of dollars in taxes
from online retail sales.
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Lenders are grappling with a multimillion - dollar question: How are worries regarding
rising online retail sales affecting real estate underwriting criteria...
By 2019, more than 60 percent
of online retail sales will be made via mobile devices, which offer great convenience for buyers, according to Riskified, an e-commerce fraud - prevention company.
On the contrary,
online retail sales in India are predicted to grow to $ 76B in 2021 yet they will still trail behind the expected growth rate of China to reach $ 650B in 2020.
With mobile use soaring,
online retail sales will jump by 20 percent this holiday season, retail expert Jan Kniffen told CNBC.
The demise of the mall «brick and mortar» retail store is popularly attributed to the growth in
online retail sales.
Online retail sales are approaching $ 150 billion a year in the United States alone.
Online retail sales totaled $ 75 billion in the second quarter of 2014, according to data from the U.S. Census Bureau.
The online consumers seem to have won out, with
the online retail sales for that one shopping day topping $ 1 billion for the first time ever.
Electronics and e-books were major contributors to
the online retail sales surge.
In the US, Amazon has a huge share of
online retail sales.
Despite the fact that most Indian customers do not have a credit card to shop online and the country's infrastructure is somewhat developing,
online retail sales are expected to grow to $ 76B in in the next 8 years.
Even so, Black Friday's store - shopping event is losing its luster to Cyber Monday, when a lot of holiday shoppers take advantage of
online retail sales.
Online retail sales were threatening traditional department stores.
In a recent report by Forrester Research, U.S.
online retail sales are projected to reach $ 262 billion this year.
Online retail sales are predicted to reach $ 354 billion by the end of this year and $ 485 billion by 2021.
Online retail sales grew 15 percent last year to $ 341.7 billion, according to the U.S. Commerce Department.