Final 2006 E-tail Online Sales Tally: $102 Billion, up 24% from 2005

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Final 2006 E-tail Online Sales Tally: $102 Billion, up 24% from 2005

01-05-2007, 11:00 AM,

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mandy Offline

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Final 2006 E-tail Online Sales Tally: $102 Billion, up 24% from 2005

Quote:E-tailers rode a strong holiday season to record-smashing sales for 2006, with revenue topping US$100 billion for the first time...

The report said retail spending reached $102.1 billion for all of 2006, a 24 percent increase over 2005 Web spending levels. Sales during the end-of-year holiday season were up 26 percent to $24.6 billion, the company said...

Looking forward, e-commerce companies and boosters may need to remove some roadblocks to allow more growth, however.

Gartner recently reported that as much as $2 billion in additional sales was likely lost during 2006 because of security concerns among consumers...

full article: http://ecommercetimes.com/story/hEHHspjq...lion.xhtml

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