Ecommerce In An Economic Downturn

E-Commerce In An Economic Downturn !!!!

Welcome back!

As we face these uncertain times in the worldwide financial markets, it seems that Ecommerce Sales may be resilient, even if we face a economic downturn and potentiel recession in the United States. According to a recent article in Barron’s, Jeff Lindsey reports that dispite a slowing economy, he forecasts Ecommerce Transactions to grow 14.3% in the US in 2008.

Online merchants should also benefit from the rising cost of fuel, as many customers would prefer saving the time & gasoline expense of traveling to make a purchase. Ecommerce merchants offering Free Shipping will really make it a “No Brainer” for the consumer looking to save money.

Lastly, online merchants selling products abroad, will benefit from the “Lower Dollar”, as foreign consumers can purchase products & services at a discount.

If you are looking to save money on your credit card processing fees and merchant account rates, please feel free to give me a call on getting your overall cost a an affordable level.