Online sales lose steam as buyers grow Web-weary

[haui]

Since the inception of the Web, online commerce has enjoyed hypergrowth, with annual sales increasing more than 25 percent overall, and far more rapidly in many categories. But in the last year, growth has slowed sharply in major sectors like books, tickets and office supplies.

Growth in online sales has also dropped dramatically in diverse categories like health and beauty products, computer peripherals and pet supplies. Analysts say it is a turning point and growth will continue to slow through the decade.

see article here:
http://news.com.com/Online+sales+los...l?tag=nefd.top

do you see a slowdown in growth numbers?

[Hammer]

It is logical that the high growth rates couldn't be maintained forever, but 'web weary'? The web will continue to grow and people will continue to shop online for a very long time. Growth will certainly slow from it's current incredible rate, but as usual, a reporter is trying to sensationalize a story.

[freechess]

i personally still prefer face to face contact when buying something

myself

[Beejeebers]

I love idiot reporters like this:

Sales on the Internet are expected to reach $116 billion this year, or 5 percent of all retail sales

Analysts project that by 2011, online sales will account for nearly 7 percent of overall retail sales

Hmmm, unless I failed math class that look likes a 2% INCREASE.

Fucking stupid reporters will put anything in the headline to get their article printed somewhere.

[Quagmire]

I'm going to have to agree with Hammer on this one. They're taking something that is new and comparing it to old standards. They are also trying to sensationalize the fact that there is a drop in growth of web sales.

I wonder which retail giant paid the author off to do that...