Surprise: E-Biz is Doing Fine

Published: 18 October 2001 y., Thursday
On Wednesday morning, the mass media abounded with pseudo-apocalyptic horrors. Dozens are "exposed" to anthrax. The U.S. has bombed a Red Cross building in Afghanistan. Israel has suspended relations with the Palestinians. But there is one bright spot in the world, if anyone cares any longer to take a look: E-commerce is doing fine. This was revealed in a report by Nielsen//Netratings. In a study joined by Harris Interactive, the Internet research firm found that people spent $4.7 billion online in September, a 54 percent increase over last year. Also, there were almost 39 million buyers last month, a record number. Online spending did fall 15 percent from August to September, the company said; in August, $5.6 billion was spent online, a record for non-holiday spending. But there were fewer purchasers that month -- 37.1 million buyers. As expected, online spending on travel was the hardest hit by jitters following the Sept. 11 attacks. There was a 24 percent drop in sales at travel sites. But Sean Kaldor, Netratings' vice president for analytical services, said the sites fared better than many people had expected, and there were already signs of a rebound. He said that traffic at most travel sites had returned to normal levels. Kaldor suggested that this was a sign that online selling was a fundamentally strong business.
Šaltinis: wired.com
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

PC/E Retail Banking Solution Suite with new services

Wincor Nixdorf supports banks in networking their delivery channels and enables new customer services by continuously developing its ProClassic/Enterprise Retail Banking Solution Suite. more »

Wincor Nixdorf accompanies a branch’s entire lifecycle

From the opening of new branches to their operation and modernization – Wincor Nixdorf presents its end-to-end offer for a branch’s entire lifecycle and shows what state-of-the-art branch design can look like. more »

Visa to hold training series on PIN security, key management at ATMIA

Visa will hold its first one-day Key Management Training series in conjunction with ATMIA. more »

WINCOR: Economy, U.S. politics, state of banking are focal points of annual trade fair

The United States is at the center of many conversations in Europe these days. more »

Wincor Nixdorf presents the world’s first SEPA-compliant checkout

Wincor Nixdorf is moving toward the new European standard EPAS (Electronic Protocols Application Software), which is now available as part of the introduction of SEPA for integrating cashless payment solutions in checkouts. more »

Designing and implementing customer-specific solutions

Wincor Nixdorf expands Professional Services portfolio. more »

Wincor World 2009: Strengthening competiveness through innovation

Over the years, Wincor World has developed into a premier branch event. It is an important communications forum for the 40 partner companies participating in the event and provides an ideal platform for exhibiting more than 600 IT solutions and services. more »

Wincor Nixdorf offers banks and retailers complete transaction processing

The transfer and processing of transactions with debit and credit cards generates a high administration overhead for financial institutes and retail companies alike, and also requires a suitable IT infrastructure. more »

Cisco, Intel and Microsoft Lead Collaborative Effort

International Education Assessment Leaders PISA and TIMSS Endorse Project, Plan to Incorporate Key Findings into Next Versions of International Benchmarks more »