E-Commerce In An Economic Downturn !!!!
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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.
MARK SANDS
1st National Processing
http://www.usa-merchantaccount.com
1-866 828-8683
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Tags: Credit Card Processing, E-Commerce, Economic Downturn, Merchant Account, Recession
