Make Money On-Line
If you are looking for ways to make money these days, your best bet might be to set up a little website and sell products on-line. According to the latest article on All Things Digital, e-commerce “could emerge as a winner” in this period of economic recession:
A new report by Forrester Research (FORR), e-commerce sales (beyond travel) are likely to grow 11 percent to $156 billion in 2009. That marks a slowdown from 13 percent growth last year and 18 percent in 2007. The major factor contributing to the pace shift is, of course, declining consumer confidence.
But e-commerce’s slowed pace is still far better than the National Retail Federation’s forecast .5 percent drop in overall retail sales this year.
That means e-commerce is stealing market share from traditional retail–and fast. By Forrester’s estimates, in 2008 e-commerce accounted for five percent of all retail sales (excluding cars, travel and prescription drugs). In 2012, Forrester thinks e-commerce could have an eight percent share.
