8M Households Spent At Least $500 Purchasing Online in Last 3 Months
- 19% spent $500 during the past three months
- 16% spent between $250 and $499
- 26% spent between $100 and $249
- 39% spent between $1 and $99
Those who spent at least $500 during the past three months account for about 10% of the U.S. online population (8 million households). Online commerce, excluding travel and auctions, is expected to exceed $270 billion by 2011, estimates Forrester.
Online retail sales totaled $44 billion in Q3 2006, a 12% jump compared with Q3 2005, according to Forrester and it expects Q4 to finish strong, with holiday sales reaching $27 billion.
