Online Sales Slowing
Shan Sadiq | Monday November 3, 2008 | 287 views
According to Comscore, online sales have started to slow. Second quarter growth for online sales was 13%. Third quarter growth fell to 6%. Total online spending minus travel sites was $30 billion in the third quarter.
The slow growth will most certainly affect online holiday shopping revenue. A majority of online retailers make a large amount of their annual income during the holiday season.
Source: Biz Journal
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Categorized under comScore
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