So much for the web | Arkansas Blog

Sunday, June 17, 2007

So much for the web

Posted By on Sun, Jun 17, 2007 at 6:25 AM

NY Times trend story of the day says the growth of on-line retailing  is slowing.

Since the inception of the Web, online commerce has enjoyed hypergrowth, with annual sales increasing more than 25 percent over all, and far more rapidly in many categories. But in the last year, growth has slowed sharply in major sectors like books, tickets and office supplies.

Growth in online sales has also dropped dramatically in diverse categories like health and beauty products, computer peripherals and pet supplies. Analysts say it is a turning point and growth will continue to slow through the decade.

Slower growth is not the same as no growth, of course. And if you're already doing nearly all your shopping on-line, it's hard to do any more there.

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