Online Consumers Actually Have More Money Than Conventional Shoppers
With Cyber Monday rapidly approaching are you poised to take advantage of the big bucks that will be spent online? I mean you do want to make money on the Internet right? You do have a bunch of niche sites up ready to rake in some bucks over the next month or so don’t you?
Well if you don’t then you may want to get ready for the next wave of online shopping. Why? Because someone has finally found out what many of us already know. Online shoppers have more money than their offline counterparts.
In a recent study by Compete, it has been concluded that over 90% of consumers will spend at least some of their shopping budget online. That’s up nearly 6% from last year. But that’s only part of the good news. Compete found out that those who will be spending a good portion of their holiday budget online will be spending nearly DOUBLE what they will be spending offline.
“Many retailers are bracing for lower online sales, but our research shows that not all shoppers are created equal,” said Debra Miller, Associate, Retail and Consumers Products at Compete. “While most consumers say they’ll spend less this year, online shoppers seem to have deeper pockets and they’ll be looking for deals starting on Black Friday. Smart retailers should take a much closer look at online shopping segments relevant to them to capture a larger share of wallet among online consumers.”
Wow…I hope you are going to be in a position to enjoy this fantastic consumer spending. Our sites, even our newest ones are enjoying record breaking traffic and conversions and we still have nearly a month before Christmas.
So if you’re in the market for that great Traxxas Slash RC car, or if you’re looking for that new Panasonic DMP-BD60 Blu-Ray Disc Player Black then we hope you come clicking our way!
But don’t worry if you don’t have some sites in place. There’s always the New Year’s Resolution crowd. You know how they always want to know the quickest way to lose weight, or how they can make money on the Internet … get ready, we’ll have something for them as well. Will you?
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