online sales

PricewaterhouseCoopers made a forecast that Australian offshore online shopping will increase by $AU1.2 billion to $AU6 billion this year.

The forecast predicts that online shopping will move up 13% to $AU13.6 billion. The report says that about 44% of those online sales will be gained by offshore e-tailers.

PwC forecasts that over the following 5 years online spending will increase by 12.6% annually to achieve $AU21.7 billion by 2015.
 

The latest report of eMarketer revealed a number of interesting facts. So, according to the study the number of online shoppers is constantly growing in the UK. It was stated that 68% of Internet users older than 14 years (27 million people) will purchase goods on the Internet at least once per in 2011. 

According to a new forecast made by research agency eMarketer companies selling online will see a significant growth of their profits within the following several years. The researcher believes that US retail ecommerce sales will be growing steadily through at least 2015.

The graphs made by eMarketer show that within a period from 2011 through 2015 the industry will see a 43.4% growth with a 13.7% rise expected only this year.

Blocking online sales of products are breaching European Union laws, according to the opinion written by Ján Mazák, Advocate General at the European Court of Justice (ECJ).

Mazák gave his opinion on a case involving cosmetic products, saying that Pierre-Fabre's absolute refusal to allow its French distributors to sell its products on the Internet is "disproportionate."

According to the stats online retailers probably had the best Thanksgiving this weekend because those discounts reserved by Cyber Monday were widely offered through the weekend. Cyber Monday is the day when many people returning to work after Thanksgiving make gift purchases online.

"We've actually never seen a Thanksgiving Day this robust before online," said Fiona Dias, EVP of strategy and marketing for GSI Commerce, which operates more than 100 online stores for retailers including Toys R Us, Aeropostale Inc and Polo Ralph Lauren Corp.

Online retailers in North Carolina can be freed from taxes and penalties in case they sign an agreement by August 31 to start collecting sales tax. The North Carolina Department of Revenue said it is working with ecommerce retailers who operate affiliate programs in the state to resolve issues of tax liability.

Any retailer that did not register for sales and use tax as a result of an affiliate program in North Carolina at any time is eligible to participate in the program, called the Internet Transactions Resolution Program (ITRP).

Businesses or individuals who want to launch a promotion company on Facebook may face significant costs. Facebook's policy dictates that one must get written approval from a Facebook account representative. In order to get one of those, you have to spend about ten grand advertising with the company.

"You may not administer any promotion through Facebook, except that you may administer a promotion through the Facebook Platform with our prior written approval," that particular section of the guidelines states.

On Tuesday the ecommerce giant eBay announced that it stops charging upfront fees for some people who sell low-priced items and changes other parts of its fee system in the United States in a move to boost transactions on its website.

The company said that starting March 30 it eliminates fees on items with an auction start price of 99 cents or less, allowing sellers to list 100 items a month. The online auction company will be charging 9% of the final price or $50, whichever is less.

Starting from January Florida's Miami-Dade County will use the Web in a move to help auction off tens of thousands of delinquent properties that have put it on the frontlines of the U.S. foreclosure crisis.

www.miamidade.realforeclose.com, that will become the first auction on the website, is scheduled for January 11 and will make Miami-Dade the largest of 12 Florida counties in the process of replacing courthouse auctions with online sales.

Online retail sales will return to growth in 2010 and to double-digit growth by 2011, eMarketer Inc. predicts. The eMarketer forecast calls for an increase in e-retail sales to over $189 billion by 2013, which would represent a 9.56% compound annual growth rate from 2009 to 2013.
The firm forecasts U.S. e-retail sales this year will total $131.4 billion, down about 0.7% from $132.3 billion last year, but will grow 7.5% next year to $141.3 billion. The firm projects growth rates of 11.5% in 2011 and 10.0% in 2012, before slipping back to 9.2% in 2013 as e-commerce matures.

GSI Commerce Inc., a provider of -commerce and interactive marketing solutions, have entered into an agreement with Tumi, international brand of travel, business and lifestyle accessories, to provide it with comprehensive operational and strategic services, including e-commerce technology, customer care and marketing services.

 Forrester Research Inc. predicts this holiday season to be successful for U.S. online sales with its expected 8 percent growth, with mass market retailers who can offer discounts performing best. It is estimated that online retail sales in November and December are expected to reach $44.7 billion this year, compared with $41.4 billion a year ago. Forrester stated in its report that despite the lingering effects of the global financial crisis, the online space remains the retail industry's growth engine.

 A provider of e-commerce and interactive marketing services GSI Commerce Inc. has entered into a definitive agreement to purchase Retail Convergence Inc. (“RCI”), a Boston, Mass.-based company that operates RueLaLa.com, a leader in the private sale space and SmartBargains.com, an off-price e-commerce marketplace. With the acquisition of Rue La La and SmartBargains.com, GSI expects to innovate its global e-commerce platform.

 According to the 2009 Internet Retailer Survey, conducted by BigCommerce, a great number of online retailers are new to selling online. The survey shows that most popular products include apparel, software and computers/accessories with major part of sales coming from online stores.

 Perfect Money payment system announced last week the availability of its website in one more language. Now the system supports Turkish interface, the 17th in a row allowing both Turkish population to use the service and businesses to attract Turkish partners even they don’t know the language itself.

As the company notes, with the introduction of another language business projects using Perfect Money will get an additional audience that will allow the business owners to increase sales and cover more audience.