Thanksgiving e-commerce projection by Milota Sidorova

Consumer be at peace, holidays are coming, you can buy... Well this is the core message of upcoming Thanksgiving that has changed into the business term. And in this term, business reports are expecting increasing volume of sales up to 11 percent. The projection has increased from initial 7 percent then to 9 percent and for now it stopped around 11 percent. The major part of sales should be done via internet or on-line. This way of shopping is getting more and more influence not only in the U.S. but also in Europe and developed Asian countries. The biggest retailer is Amazon.com that generates about 43 percent of its sales incomes from foreign countries. Consumers are expec! ted to buy 11 percent of more goods (mostly toys, electronics, furniture, etc) and this projection is excluding food and gas or petrol products. According to comScore analyst company total weekend e-commerce spending should reach $32.4 billion that is quite a significant amout in one counts the National Retail Federation projection for annual 2010 holiday retail sales to $447.1 billion. The quote is 2.3 percent up comparing to 2009. 11 percent outlook is based on the first 21 days of November and December season. 21 days have generated income of $9.01 billion, said comScore. But the question arises whether it is a sustainable trend, since social conditions in the U.S. have not improoved. Unemployment, rising taxes and political gridlocks are not reasons for optimism – according to recent ABC and Yahoo! News poll about about 60 percents of respondents thought that things were not changing for better after November elections.

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by Milota Sidorova for Cantell TV (http://cantell.tv)

Cantell TV is the fastest growing provider of digital broadcasting coupled with telecommunications, allowing people to easily control, view, upload and share digital content through proprietary interface coupled with free phone calls. Cantell TV is committed to delivering infinite choices to your world of entertainment at the tip of your fingers.