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TulipTools Internet Business Owners and Online Sellers Community › Ecommerce › Ecommerce › General Ecommerce Discussion v
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Weak dollar helping some US Web Retailers

  
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Weak dollar helping some US Web Retailers
10-31-2007, 10:36 AM,
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mandy Offline
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Weak dollar helping some US Web Retailers
Quote:Lavanga, of Holland, Penn., said sales to buyers outside the United States have increased this year by 65 percent compared to 2006 and have doubled as a percentage of total sales on his website, www.mikescoins.com. Lavanga’s wife Karen Vincent, an attorney by trade who sells shoes and purses on eBay Inc., has also attracted more bids from places like England, France and Italy.

The economy has slowed and the dollar is weakening — not usually a winning combination for small U.S. retailers. But many of those who sell their goods online are finding that buyers from other countries are gradually making up a larger portion of sales. Exchange rates may not be a deciding factor when one buys boots, bangles or home-run baseballs, but they are certainly working to foreigners’ advantage these days...

full article: http://www.msnbc.msn.com/id/21548226/
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