Home » Internet » E-Commerce

Online Shopping Is Exploding!

Aug 19, 2008
Business owners everywhere, in virtually every single industry, are joining the massive e-commerce revolution; indeed, providing an online shopping options can do much to enhance a business customer base and your bottom line.

When a corporate owner opts to offer products or services online, he/she is going global in the truest sense of the word, using the easiest most inexpensive method possible. Even the smallest business with a limited budget can market their products to those far away, providing they have e-commerce abilities.

Online shopping is growing quickly each and every day, which is not a surprise considering the millions upon millions of people who use the internet on a regular basis.

Due to recent advances in online security, consumers can now feel more comfortable shopping online than ever before.

Even people normally uncomfortable revealing their credit card information now shop from home because they feel safe doing it. After all, its convenient, it saves gas, its less stressful, and exposes the shopper to a far greater selection of merchandise than they can find at the neighborhood store and find some of the best discounts and special offers never found in the brick and mortar world.

Some consumers remain determined never to make an online purchase. However, neighborhood businesses can benefit from providing e-commerce options, as those same consumers use the Internet for extensive price comparisons before making a final purchase in person.

In addition, as more payment options become available to the consumer, even people who regard e-commerce as unsafe just might end up joining the crowd online and take advantage of some of the aggressively priced special offers.

These options include Bill Me Later (this payment provider sends out a paper bill, and consumers can send payment through check or money order), PayPal, Google Checkout, Verified By Visa, and MasterCard Secure Code options.

Cyber Source Corporation, which is among the leading electronic payment providers, reported that its 2007 fourth-quarter revenue totaled $45.4 million dollars. That reflects an increase of 117 percent compared to the same period of the year before.

Forrester Research predicts that annual e-commerce sales this year alone will be calculated above $258 billion dollars. They estimate the figures for 2010 will exceed $316 billion dollars in online sales.

Travel-related vendors will note that travel-related products rank among the largest online sales drivers. A sizable portion of travel products and services are purchased by those who pull in big incomes.

Again, there is no better time than the present for business owners to set up shop in cyberspace. With continual enhancements, online sales will continue to increase. Millions of shoppers agree that e-commerce is the most convenient, hassle free, affordable and enjoyable way to shop.
About the Author
Garey Simmons writes about NY Seach Engine Optimization Service Companies from experience using SEO Services for his Search Engine Optimization for Ecommerce needs. Much of his online success can be credited to using the SEO Services of http://SEOCoach.Net
Please Rate:
(Average: Not rated)
Views: 145
Print Email Share
Article Categories