European Online Shoppers expected to spend over 100 billion in 2006

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European Online Shoppers expected to spend over 100 billion in 2006

07-04-2006, 12:37 PM,

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mandy Offline

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European Online Shoppers expected to spend over 100 billion in 2006

Quote:2006 shows some remarkable eCommerce stats: 100 million European online shoppers will spend an average of 1000 each, and drive online retail past the 100 billion mark. Online retail sales in Europe will more than double in the next five years, to 263 billion in 2011, according to Forrester Research, as the number of online shoppers grows to 174 million.

Fueled by improved supply and aided by comparison shopping sites, a more confident online shopper will increase his average yearly Net retail spending to 1,500. In the UK, Net consumers will outspend even their US counterparts online. The winning Net purchase categories are travel, clothes, groceries, and consumer electronics, all above the 10 billion per year mark...

full article: http://www.crm2day.com/news/crm/119235.php

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