Online Retail Sales, Profitability Continue Climb, According To
Shop.org/Forrester Research
US Online Sales Expected To Hit $172 Billion In 2005
Cambridge, Mass., May 24, 2005 . . . Ten years after its inception,
online retailing is growing up fast. According to The State of
Retailing Online 8.0, an annual Shop.org study conducted by
Forrester Research (Nasdaq: FORR) of 137 retailers, 2004 online
sales rose 23.8 percent to $141.4 billion. Excluding travel, online
retail sales also rose 23.8 percent to $89.0 billion, representing
4.6 percent of total retail sales.*
The report predicts that online sales (including travel) will rise
22.0 percent to $172.4 billion this year. Sales excluding travel
are expected to reach $109.6 billion.
Online Stock Market Trading Women's Retail Categories Poised For Growth
Forrester Research is THE place to look for research on the Web. + US online retail sales, $172.4 billion + Predicted US online retail sales, $328.6 billion + 55 million + 88%.
Stock Investing Course Several retail categories will experience steep growth this
year, largely due to the growing acceptance of
online
shopping by women. In fact, categories with products
purchased largely by women will see the most growth this year.
Online sales of cosmetics and fragrances are expected to grow 33
percent while sales of over-the-counter medications and personal
care will rise 32 percent. Additionally, sales of
jewelry and luxury goods (31
percent) and flowers, cards, and
gifts (30 percent) are expected to
rise dramatically.
According to GfK, Europe s first market research institute in retail sales, DVD recording in Europe s top countries Germany, France and UK, outselling any competitor.
Stock Market Game "Though initially adopted by men as a shopping tool, women are
flocking to the Internet in droves to comparison-shop, research,
and buy," said Scott Silverman, Executive Director of Shop.org.
"Online retailers who sell products that are purchased by women are
in a favorable position this year, as we expect those categories to
grow substantially."
Taken together the retail web sites ranked in the Top 500 Guide accounted for 63% of all online retail sales in the U.S.
Stock Investing Game In addition, several categories are expected to receive at least
10 percent of their sector's sales from the Internet this year,
including: computer
hardware and software (48
percent); tickets (28 percent); travel (26 percent); books (20
percent); consumer electronics (13 percent); cosmetics and
fragrances (12 percent); toys and video games (12 percent); and
flowers, cards, and gifts (10 percent). This year, a
total of 13 categories will reach the 5-percent penetration
point.
The Debises are part of a trend that' online exchanges that let ticket hunters find out the going rate and make a buy without the anxiety of an auction. According to Jupiter Research's Retail Forecast Summary, the online channel will account for 18.5 percent of all event ticket sales this year. By 2009, online sales will take a 22.7 percent share. (Jupiter Research and internetnews.com are owned by JupiterMedia.)
Journal Prime Rate Street Wall Profitability Continues To Climb
Londoners headed to the shops in a mood to spend in April, as retail sales saw a significant increase, according to figures from the London Retail Consortium (LRC).
Stock Market News Multichannel retailers again posted record profitability in
2004. Last year, online retailers improved overall operating
margins to 28 percent from 21 percent in 2003. Catalog-based
retailers continue to boast the best operating margins, which rose
to 32 percent last year from 28 percent in 2003.
Stock Investing Basics "With profitability behind them, retailers can now focus on
innovation and growth through things like increased integration of
their online and offline businesses and internationalization of
their sites," said Carrie A. Johnson, lead author of the report and
principal analyst at Forrester Research. "One way retailers will
grow sales over the next several years will be by launching
country-specific sites and operations to accommodate a growing
number of international customers."
Stock Investing Software Online Retailers Find Search Engine Marketing Pays
Off
Stock Market Trading One of the most compelling findings of the study addressed
retailers' marketing budgets and the effectiveness in marketing
through certain channels. This year, search engine marketing
appeared as the clear leader as a source of new customers, with
retailers reporting that search engine marketing delivered 43
percent of overall customers to their sites. In 2004, 87 percent of
retailers who participated in the study used pay-for-performance
search placement and spent more than twice as much from their
marketing budgets on this category than they did in 2003 ($877,630
in 2004 versus $399,923 in 2003).
Stock Investing For Dummy Multichannel Retailing Advances
Stock Market Crash According to the study, retailers are keenly aware of the
importance that their Web site plays into their overall sales
goals. In fact, retailers reported that the Web influenced 20
percent of in-store sales. As a result, retailers are striving to
integrate their stores and Web sites, which signals cooperation
among channels.
Stock Investing Tip Last year, almost all (92%) multichannel retailers included URLs
on in-store materials, up from just 77 percent in 2003. The
majority of retailers (81%) also used Web sites to tout their
stores. Additionally, 45 percent allowed consumers to purchase and
redeem gift cards online and in stores, up from 30 percent in 2003.
And nearly one-fourth (24%) of retailers offered in-store product
availability on their Web sites last year.
Stock Market Chart About The State Of Retailing Online 8.0
Online Stock Investing The State of Retailing Online 8.0 is a detailed survey that is
based on information from 137 retailers that shared their
confidential data. It explores the opportunities and challenges
facing retailers selling and marketing on the Web, including
store-based, catalog-based, and Web-only retailers.
Stock Market Crash Of * "Retail Sales" exclude travel and include the following
categories: sporting goods and equipment; flowers, cards, and
gifts; health and beauty; consumer
electronics; other (subscriptions, art, and collectibles); apparel;
jewelry and luxury goods; home;
food and beverage; books; tickets; computer hardware and software;
music and video; toys and video
games; auctions; and auto and auto parts. These are not the same
categories that the National Retail Federation tracks; therefore,
the numbers are not comparable.
Stock Investing For Beginner Forrester is an independent technology research company that
provides pragmatic and forward-thinking advice about technology's
impact on business. Business, marketing, and IT professionals
worldwide collaborate with Forrester to align their technology
investments with their business goals. Forrester offers products
and services in four major areas: Research, Data, Consulting, and
Community. Established in 1983, Forrester is headquartered in
Cambridge, Mass. For additional information, visit
www.forrester.com.
Finance Journal Personal Shop.org is the association for retailers online. It's where the
best retail minds come together to gain the insight, knowledge, and
intelligence to make smarter, more informed decisions in the
evolving world of the Internet and multichannel retailing. Founded
in 1996, Shop.org became a division of the National Retail
Federation in January 2001. The association's membership includes
interactive executives from store-based retailers, catalog-based
retailers, Web-based retailers, and retail solution providers.
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