Forum Moderators: buckworks
[nytimes.com...]
It shows the battle going on between Walmart and Amazon.
What I can't believe is their figures that on-line retailing is now 4% of all retail sales !
That to me is either a mistake or it is surely a very poor figure, after 15 years of online sales we have only managed to gain a 4% share of the retail market ! ?
That to me is either a mistake or it is surely a very poor figure, after 15 years of online sales we have only managed to gain a 4% share of the retail market ! ?
What I have noticed is with the loss of specialist book, music and video stores the only place in the UK where you can get a decent choice is on Amazon.
i work from home and can receive shipments any time, so it suits me, but most people would need to receive packages in the evening or first thing in the morning before work ... when shipping/mail companies resolve this then internet sales will leap ahead.
The big problem, is that shopping is a impulse and tactile decision. They need to touch and feel the product or the box that the product is in.
Even if I know I can save a few bucks, I tend to buy retail, because I want it now, and I want to be able to touch and feel the product.
It's only for the small minority, that price outweights the impulse or tactile mindset.
We have probably reach a plateau for ecommerce sales (as percentage of retail B&M).
but most people would need to receive packages in the evening or first thing in the morning before work ... when shipping/mail companies resolve this then internet sales will leap ahead.
I don't see what shipping/mail companies have to do with 'resolving'. They ship where they are told to ship, and keep the best schedules that they can. They already ship coast to coast in 3 - 5 days, depending upon service selection. We ship a very high percentage of shipments to work addresses. People feel safer having deliveries made at work and it is extremely common in US. A business that didn't allow employees to receive shipments would have issues wit irritated employees.
(I won't shop Amazon because I don't trust Amazon. Good luck getting off all of their email lists. You can opt-out forever and still get spammed with pitches.)
pay attention to what 4% is...They estimate this holiday season sales at $437.6 billion.
Wal-Mart, with $405 billion in sales
Leaving $32.6 billion for everyone else, online or offline
Those are annual sales for Walmart versus a several week holiday season for the total. The annual market for sales in the US is approximately 3 trillion. Walmart has an estimated 11.3% of that markets. That leaves about $2.6 trillion for the rest of us.
Those are annual sales for Walmart versus a several week holiday season for the total. The annual market for sales in the US is approximately 3 trillion. Walmart has an estimated 11.3% of that markets. That leaves about $2.6 trillion for the rest of us.
True - I reread it and they mixed and matched holiday vs. annual stats in the same paragraph.
Hard to get your facts straight when the source is blending things that don't match. ;)
For me the internet is still a research tool for wants and needs... But I do use the Sam's Club Click n' Pull feature quite often - its very useful in long road trips or vacations when its cheaper to buy almost everything you need rather than ship or drag it with you. My dream is when Costco does it too.
Haven't bought anything from Amazon in years, I get lost or distracted on their site to fast and forget why I was there. I have used the Wal-Mart site-to-store for some gift items that I needed to hide creatively.