The Only Place People Shop Online Is Amazon.com
J Thoendell stashed this in Tech
Source: http://www.theatlanticwire.com/business/...
The Internet retailer sells more stuff online than its 12 biggest competitors combined
Online shopping still only makes up a minority of total retails sales — well over 90 percent of them happen in stores, a Forrester analyst told The New York Times last December. But, the trend is growing rapidly — total E-commerce spending increased 15 percent in 2012, according to ComScore data from February 2013 — and the majority of that growth comes from Amazon. "Its 30% increase in North American sales in the second quarter outstripped the overall e-commerce market and some competitors as well," notes the Journal.
Stashed in: Business Facts, Amazon, Commerce, internet, Jeff Bezos, Retail
Jeff Bezos considered the company name Relentless:
http://pandawhale.com/post/24973/expecting-the-unexpected-from-jeff-bezos-nytimescom
11:05 AM Aug 30 2013