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October 25, 2007

E-Commerce Sales Up 23 Percent in Third Quarter

Erick Schonfeld

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comscore-3q-ecommerce.pngWe tend to focus so much on online advertising that it is easy to forget there are other ways to make money online. Like good old-fashioned sales. Online sales in the third quarter across all categories (excluding travel) rise 23 percent to $28.4 billion, according to comScore. (Including travel, e-commerce sales are up 18 percent to $48.6 billion). Total e-commerce sales for the year are on track to hit $200 billion. No wonder Amazon’s stock is hitting new highs.

  • Sphere It

This entry was posted on Thursday, October 25th, 2007 at 1:39 pm and is filed under Web 2.0 News & Ideas. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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  1. share.websitemagazine.com

    October 26th, 2007 at 6:58 am

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  1. jbwebs

    October 25th, 2007 at 1:45 pm

    There is a rumor that Microsoft bought part of facebook. Can we get a few posts about the details?

  2. Mike P.

    October 25th, 2007 at 1:51 pm

    haha, very nice jbwebs

  3. Richard Corsale

    October 25th, 2007 at 2:04 pm

    How can you separate online advertising from e-commerce :)

  4. Steve Ballmer

    October 25th, 2007 at 2:35 pm

    You guys aint seen’d nutin yet!
    Wait until we finish with our FaceBook makeover!

    http://fakesteveballmer.blogspot.com

  5. pchen

    October 25th, 2007 at 3:46 pm

    how is it possible for non-travel to reach $200B, when non-tavel for the Q is $28B?

    Shouldn’t it be that inclusive of travel it will reach $200b?

  6. Anders

    October 25th, 2007 at 6:03 pm

    Is there a breakdown of what that Retail sales means? I am specifically looking for home business facts. Any help greatly appreciated.

    Thank you,

    Anders

  7. Erick Schonfeld

    October 25th, 2007 at 8:48 pm

    @5, you are correct, the $200b does include travel. Fixed in post.

  8. Dan Ackerman Greenberg

    October 26th, 2007 at 12:41 am

    Anyone want to speculate on how large a market there is or will be for e-commerce in applications inside of social networks - FB/MySpace/Friendster/(Orkut)/etc? There is clearly value to having a shared shopping experience with friends, even if the experience is passive (i.e. my purchases get pushed to my news feed).

    There are already a number of social shopping sites out there (kaboodle, stylehive, stylefeeder), and I wonder who is putting serious thought into taking the social shopping experience and placing it on top of a user’s existing social graph.

    Dan
    http://www.ackermangreenberg.com

  9. micfo.com

    October 26th, 2007 at 3:33 am

    Not sure but I think there would be 25 to 30% contribution should be from Amazon itself.

  10. john matthews

    October 26th, 2007 at 6:46 am

    Other than big purchases for the most part, i.e. cars, etc…aren’t online ads directly linked to good old fashioned sales?

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