Market Share
E-commerce B2C product sales totaled $142.5 billion, representing about 8% of retail product sales in the United States. The $26 billion worth of clothes sold online represented about 13% of the domestic market, and with 72% of women looking online for apparel, it has become one of the most popular cross-shopping categories. Forrester Research estimates that the United States online retail industry will be worth $279 billion in 2015.
For developing countries and low-income households in developed countries, adoption of e-commerce in place of or in addition to conventional methods is limited by a lack of affordable Internet access.
Read more about this topic: Online Shopping
Famous quotes containing the words market and/or share:
“A sentimentalist, my dear Darlington, is a man who sees an absurd value in everything, and doesnt know the market price of any single thing.”
—Oscar Wilde (18541900)
“Friendship is but another name for an alliance with the follies and the misfortunes of others. Our own share of miseries is sufficient: why enter then as volunteers into those of another?”
—Thomas Jefferson (17431826)