Report: Consumers to Increase On-Line Purchases
New York City, Anew report by eMarketer entitled “U.S. Retail E-Commerce” revealed that U.S. consumers would increase their spending at on-line retail stores from $877 per consumer in 2005 to $1,512 per consumer by 2009, an increase of more than 50%. The report also revealed that even though the average annual growth rate of retail e-commerce sales will slow from the 26% seen between 2001 and 2005, it would remain strong at 18.6% from 2006 to 2009. “On-line shoppers, who have faster on-line connections and more Internet experience, are venturing beyond the safe-purchase categories of books, videos and toys that marked the first e-commerce success stories,” said eMarketer senior analyst Jeffrey Grau, in a statement.