TechCrunch reports that Forrester research put out their 5 year forecast of sales and is predicting that there will be over $250 Billion in online sales by 2014. There are some interesting numbers in the report.
Here’s an excerpt:
While $155 billion worth of consumer goods were bought online last year, a far larger portion of offline sales were influenced by online research. Forrester estimates that $917 billion worth of retail sales last year were Web-influenced. It also estimates that online and Web-influenced offline sales combined accounted for 42 percent of total retail sales and that percentage will grow to 53 percent by 2014, when the Web will be influencing $1.4 billion worth of in-store sales.
Read more: at TechCrunch