According to a report earlier this week in the San Jose mercury news — “Internet commerce continues its robust growth, defying a sluggish economy that’s teetering on recession…”
Citing data from Forrester Research, he said 53 percent of all computer hardware and software sales take place online, along with 30 percent of all toys, video products and auto parts. One survey showed that two-thirds of all Internet users have bought products online.
Read San Jose Mercury News article titled: “No Economic Slowdown On The Internet”
Article includes quotes from:
Ed Garrubbo, chairman of the Electronic Retailing Association – “online sales jumped 17 percent in the first quarter of this year”
Hal Varian, economist – Electronic commerce has grown about 22 percent in the past two years
Robert Atkinson, president of the Information Technology and Innovation Foundation, a non-partisan tech think tank – “The Internet economy is almost counter-recessional…comparisons with past slowdowns are difficult because this is the first downturn in which online commerce has played such a big role.”
Forrester Research – “53 percent of all computer hardware and software sales take place online, along with 30 percent of all toys, video products and auto parts”
Filed under: recession marketing | Tagged: economy teetering on recession, Forrester Research, good recession news, San Jose mercury news, sluggish economy, slump marketiing, slump marketing, slumpmarketing
