All
Day Long ... All You Hear In The News, On TV, The Radio and Obviously
On The Internet Is "E-Commerce"!
Group
Professionals believes that this is one of the most important and fundamental
aspects of having a successful business - ESPECIALLY on the Internet.
Online shopping has become an increasingly important part of consumer buying behavior, but what do we really know about these internet shoppers and what motivates them to buy online?
Who?
114.1 million adults searched for product information online last year, and 98.9 million of this group went on to make purchases. For all of 2004, online purchasing was split 60 percent women and 40 percent men. In total, members of Generation Y, people born since 1977, have annual income of $211 billion, and they spend a larger portion of this income online (14.5 percent in 2004) than adult consumers.
What?
In 2004 online shoppers spent $3.7 billion on apparel, $2.2 billion on toys/video games, and $2 billion on consumer electronics. Consumer hardware and peripherals also attracted attention from online buyers generating revenue of $1.7 billion. Videos/DVDs also had a strong season last year with online shoppers spending $1.6 billion.
Why?
The vast majority of internet shoppers claim the fact that online retail stores never close is the main reason for shopping on the world wide web. Most users also sight the ability to comparison shop with the click of a button as another reason. With bigger bargains, expanding choices, fewer hassles and lessening fears over credit card fraud, the number of shoppers who plan to shop online this year is expected to reach record numbers.
You may have the greatest web site, the most spectacular
products and services, but if you lack a good e-commerce presence, then
you WILL NEVER make any real money - EVER!
If you do not have e-commerce at your site and have
not established your presence in the search engines, you are out of
business before you've even started!
Let Group Professionals help.
©Copyright 2008 Group Professionals All Rights Reserved
For more information Please Contact Us
|