Skip to main content

Sweet Spot for Online Retail Sales

Forbes reports that by 2010, annual online retail will grow to more than $300 billion, with the Web affecting half of all retail sales, according to Jupiter Research.

For companies that build and maintain retail web sites, the ideal client racks up between $10 million and $200 million in sales, says Jupiter analyst Patti Freeman Evans -- clients that are smaller aren't worth the effort and clients that are bigger are more apt to handle Web architecture in-house.

Many industry watchers have their eye on eFashion Solutions, a New Jersey-based "front-to-back" online-store builder that slid into the urban-fashion niche. The company has doubled sales every year since its inception in 2000 -- it expects to surpass $100 million this year -- by running the Web businesses of hip urban-apparel lines, like Russell Simmons' Baby Phat and Eminem's Shady Ltd.

Popular posts from this blog

Product Design AI to Reach $4.3 Billion by 2035

Artificial intelligence tools for product design have largely been sold to engineering leaders as a productivity story: faster renders, quicker iterations, fewer manual CAD operations. According to the latest market study by ABI Research, the market for artificial intelligence in product design is set to grow from $628 million in 2025 to $4.3 billion by 2035; that's a 21.3 percent compound annual growth rate. The trajectory reflects a market moving past assistive tools and into a phase where AI becomes structurally embedded in how products get engineered, simulated, and validated. For executives overseeing engineering, product development, and R&D organizations, this is no longer a tooling decision. It is a competitive positioning decision, and the window to shape it is narrower than most roadmaps assume. The Ten-Year Growth Outlook Mechanical product design and simulation is the AI beachhead within manufacturing. A full 62 percent of manufacturers are already running AI projec...