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E-Commerce Spending Is Booming

AppScout reports that research company ComScore released its Q1 retail e-commerce sales estimates and found that online retail spending neared $34 billion for the quarter, up 10 percent versus a year ago.

That strong acceleration represented the first time growth rates reached double-digits since the second quarter of 2008.

The report found that growth was predominately driven by upper-income consumers, with spending among the $100,000+ household income segment up 14 percent. Also, larger online retailers generated higher growth rates than smaller retailers.

Photo by shiyali.

Effective Ecommerce Solutions for your businesses online will definitely boost your ROI and expand your reach.

   

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