Retail Ecommerce Spending to Grow 13.7% in Q4 2010!

Ecommerce spending is expected to grow 13.7% to $51.4 billion in the fourth quarter of 2010, topping last year’s Q4 sales of $45.2 billion, according to a new forecast published by eMarketer.

Strong online holiday sales will push annual ecommerce sales to $162.4 billion for full-year 2010, up 12.7% over 2009. Online holiday sales will represent an estimated 23.7% of online retail sales in 2010, underlining the importance that November and December have on retailers’ annual ecommerce sales.

via Retail Ecommerce Spending to Grow 13.7% in Q4 2010 – The eMarketer Blog.

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