Down but not out

Work Study

ISSN: 0043-8022

Article publication date: 1 June 2000

Citation

(2000), "Down but not out", Work Study, Vol. 49 No. 3. https://doi.org/10.1108/ws.2000.07949cab.008

Publisher

:

Emerald Group Publishing Limited

Copyright © 2000, MCB UP Limited


Down but not out

Down but not out

Late last year, Ernst & Young suggested that Internet retailing for the period mid-October through the end of December 1999, would amount to between US$12 billion and $15 billion. In fact, results were somewhat less than expected and revised figures are between $10 billion and $13 billion. Accurate figures for the whole of 1999 should emerge about now - Ernst & Young is maintaining its full year online retail sales estimates of $25 billion to $30 billion (after its survey of 1,283 Internet users). This is big business! (Amazon.com was the most-visited shopping site for the Xmas season, the survey found. In a separate survey by Media Metrix, Amazon.com averaged 5,693 daily unique visitors from 22 November to 26 December, followed by auction site eBay, with 4,073 average daily visitors, and eToys with 1,662 average daily visitors.)