E-Commerce Sales Up 23 Percent in Third Quarter
Erick Schonfeld
11 comments »
We 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.
There is a rumor that Microsoft bought part of facebook. Can we get a few posts about the details?
haha, very nice jbwebs
How can you separate online advertising from e-commerce
You guys aint seen’d nutin yet!
Wait until we finish with our FaceBook makeover!
http://fakesteveballmer.blogspot.com
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?
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
@5, you are correct, the $200b does include travel. Fixed in post.
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
Not sure but I think there would be 25 to 30% contribution should be from Amazon itself.
Other than big purchases for the most part, i.e. cars, etc…aren’t online ads directly linked to good old fashioned sales?