Sunday, June 17, 2007

online sales growth slowing

The growth in online retail seems to be slowing, according to the NYT:

Perhaps a reminder that a place-based experience remains quite important.

Somewhere in the article it says that online makes up a total of 5% of all retail. Seems like such a tiny portion, but I supposed that when you consider that there are lots of large ticket purchases (refridgerators, TVs, plants) that most folks are not likely to make online.

Personally, I dislike shopping in person (except in rare cases where there's some kind of interesting gadget involved) so I'm doing everything I can to push those numbers up. My wife on the other hand...

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