Internet Business and Marketing Trends

Archive for June, 2009


Friday, June 26th, 2009

Online Retail Set For Rebound

Online retail sales in the U.S. (excluding travel) will reach nearly $132 billion in 2009, down 0.4 percent from 2008, according to a new forecast from eMarketer.

The forecast says that if the recession ends this year, as many economists expect, online sales will begin to rebound in 2010 and hit double digit growth by 2011.

“Everyone focuses on the downturn in the overall economy, but the recession has only accentuated the gradual decline in online sales growth over the past few years-the decline would likely have occurred even in normal economic times,” says Jeffrey Grau, eMarketer senior analyst and author of the new report, Retail E-Commerce Forecast: Cautious Optimism.

“It’s just simple math: The bigger online sales become, the harder it is to maintain high levels of growth.”

Increased spending by existing online buyers is the key to continued ecommerce growth. About 152 million individuals ages 14 and above will shop online in 2009.

“That means almost nine out of 10 Internet users will browse, research or compare products online this year,” says Mr. Grau. “This rate will grow slightly by 2013, since most Internet users predisposed to online shopping will already be doing it.”

Forrester Research estimated that store sales influenced by online research are higher than retail ecommerce sales. For 2009, projected cross-channel sales are $758.8 billion, while online sales will reach $235.4 billion.


Tuesday, June 2nd, 2009

Facebook Won’t Give You Bad Grades

In April, Ohio State University rode the publicity wave provided by news outlets everywhere reporting the school’s finding that Facebook users had lower grades than non-Facebook users. A new study contradicts the first and the authors declare the opposite correlation while ripping on the first author’s methods.

An academic catfight ensued, and those are guaranteed as interesting as a solid round of knitting.

Un-academically,  here’s the thesis and conclusion together:

Facebook can’t give you bad grades. It can’t give you good grades, either. Video games, shopping malls, bars and clubs, keggers, iPods, the Internet, YouTube, Hulu, television telephones, texting, church, sports, sex, boyfriends, girlfriends, and porn can’t give you bad grades either, just like cookies can’t make you fat but eating cookies can, just like books can’t make you smart but reading them can.

Professors and teachers can give you bad grades but more often people give themselves bad grades because they spent too much time on Facebook/MySpace/YouTube/WOW, at the shopping mall/parties/boyfriend’s place, on and on and on.

People choose their behaviors, their addictions, their obsessions, not the other way around, and students choose whether to study or screw around on Facebook. End of story, no need for research. Something else we don’t really need a study to know: Social students don’t do as well in school as non-social students.

Personally, I did well in school despite blowing off studies to go to movies or whatever, but my engineering major roommate who hardly left the dorm room except to go to class, did even better. Go figure, huh?

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