InvestorsHub Logo
Followers 45
Posts 4056
Boards Moderated 1
Alias Born 06/09/2009

Re: Dennisb68 post# 208006

Tuesday, 08/09/2016 11:02:38 AM

Tuesday, August 09, 2016 11:02:38 AM

Post# of 241019

"It's a shame that people have to go on-line to buy an all purpose cleaner."


I guess Walmart didn't get the memo. They seem to think it is a good idea to sell on-line as well as many other big box stores.

http://wwwmetrics.com/shopping.htm

Considering that the country is in a major recession, the increase in online buying is a good sign. A survey of U.S. online customers found that 82% are satisfied with buying experiences that began and ended with the online store. Satisfaction dropped to 61% when they researched online and then bought in a store.

Online sales continue to be mostly small-ticket items. The high-ticket products lag far behind by comparison. On average, retailers that have both a physical (store) and online presence have reported an average of 23% growth. Online only retailers (including catalogue sales) however have seen only 9% yearly growth. Online shoppers are beginning to think that the best deals are available online (71%) and that they get better prices there (66%).

The internet is only going to become more popular as time goes by and purchasers worldwide become more comfortable about the security and on-time delivery of their purchases.
This is the one area of merchandising that continues to have a positive outlook far into the future.