It’s been reported that online sales for Black Friday 2011 rose 26% from last year, an increase larger than those of in-store purchases.
These numbers are likely to increase next year and for years to come, as more and more people regularly access and use the internet for shopping and price comparison.
Now is a great time to start an online e-commerce business or focus on enhancing your current e-commerce store. With the growing popularity of internet enabled cell phones and broadband access, countless businesses make a majority of (if not all of) their sales via online stores.
As of 2012, the overall cost and cost to develop a full custom e-commerce store has also dropped substantially. The combination of more people online and lower cost to start a business or enhance your e-commerce presence provides a large opportunity.
