Economy Looking OK For E-Commerce Startups?
April 15, 2009
Got an interesting email in from August, an online creative / web dev company that works with quite a few e-commerce startups. Seems that online sales are growing, which might be an indicator of a wider increase in spending across the rest of the economy.
To quote them
From ergonomic chairs to hiking boots, online sales are going strong. March online sales increased by an average of 60% on the previous month, and a massive 163% increase was reported on the previous 12 month average
You’d expect there to be some natural growth in e-commerce numbers over 12 months as more and more people start to shop online, but the month by month numbers are quite impressive.
Here’s hoping the rebooting of the economy gets people thinking about e-commerce as a more efficient way of spending money.




