E-Commerce Up

**Chris** · 09-12-2003, 11:27 AM

Meanwhile, it appeared that EBay (EBAY)continues to hold what looks like a stranglehold on the hearts, minds, and credit cards of Internet shoppers.

Research from ComScore showed the online seller (EBAY) had 63.6 million visitors in August, up from 54.8 million in March. By comparison, the second most popular retail site, Amazon.com (AMZN), welcomed 35.5 million people.

ComScore also reported a sharp rise in the growth of online spending over the past six months. Researchers calculate the value of consumer purchases as $57.4 million, a 26 percent rise from a year ago. Data also shows the pace of spending growth, year over year, doubled during the summer months compared to the growth rate in the spring.

**chromate** · 09-14-2003, 03:09 PM

People are getting more and more comfortable with using their credit cards online. It can only continue to get better. Especially with relatively new laws to protect "long distance" buyers.

**iKwak** · 10-19-2003, 01:39 PM

More confidence for online shoppers, the higher the sales for e-commerce.

**chromate** · 10-19-2003, 01:46 PM

Isn't the average conversion rate of an ecommerce site still only something like 1.3% ?

**Chris** · 10-19-2003, 01:55 PM

something like that -- mine is much lower to tell you the truth.

**Shawn** · 10-19-2003, 03:08 PM

More confidence does mean more sales, but seriously, as more people get more out of shape, and lazier, people will find it easier to simply purchase online - especially clothes.

**Chris** · 10-19-2003, 06:03 PM

Clothes are already bigger online than most people think. For instance Gap.com and OldNavy.com do big business, as does victoriassecret.com, delias.com, etc.