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Online Retail Thriving: 8% Growth Expected This Holiday Season but are Philippine merchants taking note?



From the NY Times In its State Of Retailing Online 2009 report, Forrester Research reported that the vast majority of Web retailers were not only profitable in 2008 - in a recession - but also that their overall level of profitability grew.
 
My commment;  But has Philippine merchants noticed the trend and are they adapting to sell worldwide?  Here is a area for growth and expansion and Filipino merchants need to take note. 

The e-commerce market is expanding, due to a combination of factors.

Also brick-and-mortar businesses are migrating more of their operations online. We also have technology advances to thank: better recommendations technology, social media, the emergence of mobile commerce.

E-commerce Continues to Grow, Despite Economy

In the State Of Retailing Online 2009 report, Forrester Research reported that retailers saw their Web divisions grow by 18% in 2008. Given that Forrester described 2008 as "one of the worst years ever" in retail, that's significant growth in online retail activity. 
 
Continue reading here http://www.nytimes.com/external/readwriteweb/2009/11/23/23readwriteweb-online-retail-thriving-8-growth-expected-th-45446.html

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