Industry Analysis & Industry Trends
On sturdy footing
Business has been good for online furniture sales. Although the recession slowed revenue growth, online retailers were less affected than traditional brick-and-mortar retailers. Competition is set to increase in coming years as new participants enter the industry to take advantage of the cost savings of operating online. Nevertheless, revenue will continue growing as the economy improves over the next five years.... purchase to read more
Industry Report - Industry Investment Chapter
The Online Household Furniture Sales industry has a high level of capital intensity, with most investment requirements in the form of warehouse space, computer equipment and warehouse staff. The costs associated with developing and maintaining an e-tail web site, including servers, site design and maintenance, and security and payment processing systems, can be significant. Operators may also incur capital expenditure though the purchase and maintenance of vehicles for the delivery of goods. For 2012, IBISWorld estimates that the average industry operator spends about $0.48 on capital expenditures for every dollar spent on wages. Most Labor costs are incurred through the need to hire staff to fulfill orders placed by consumers online. Usu... purchase to read more