Industry Analysis & Industry Trends
Every year, more time-strapped consumers are being lured by offers of free shipping to purchase goods from online retail marketplaces, one of the fastest-growing industries in the United States. In 2013, the National Retail Federation estimated 140 million shoppers have fled from brick-and-mortar malls to shop from the comfort of their own living rooms. Despite the brief recession-induced slowdown in 2009, industry revenue is expected to rise in the five years to 2014. In the next five years, continued economic recovery is expected to drive industry's strong growth, but as the industry becomes more established over the next five years, revenue growth is anticipated to temper... purchase to read more
Industry Report - Industry Products Chapter
Computers and TVs
Computer hardware, software and supplies, along with TVs, DVD players and related items, comprise the largest product group sold online. With the number of computers, laptops, TVs and similar electronic goods increasing in America, demand for these products has been strong. Most households now own multiple TVs and computers, and new models of these products (especially tablets and flatscreen TVs) tend to be released rapidly, leading to repeat purchases as older models become obsolete. Though consumers are more likely to purchase TVs or computers at brick-and-mortar stores, a growing number of consumers are buying them online because of the positive reputation most large sites have for providing warranties and quality guarantees... purchase to read more