A boom in online sales

Published on: Thu, Feb 05, 2009 , Updated on Fri, Feb 06, 2009 Courtesy: The Economic Times 2nd February


Many of the top rated companies are experiencing an immense increase in online sales, as the cost – conscious shoppers have started thinking more about the conservation of gasoline, these days. The CEO of Nike, Mark Parker, addressing an annual meeting in World Economic Forum, has said that they have seen "a fairly dramatic increase in online sales” these days.  Industry analysts foresee a steady and safe growth in online sales as more shoppers opt for an online shopping at the coziness of home.  Companies including Nike has found a notable margin of increase in profit through online sales and hence plans to expand the arena so that more users are benefited.

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