E-commerce grew 25% in 2005, repeating 2004 sales growth performance

E-commerce may be a Web 1.0 term, but it is thriving in Web 2.0, according to Internet Retailer. The magazine’s “2006 Top 500 Guide to Retail Web Sites” (June 2006 issue) reports that Internet retailers matched sales growth in 2005 with that of 2004. According to Internet Retailer, in 2005, “total business-to-consumer e-commerce sales reached $109.4 billion, 25% higher than 2004’s $87.5 billion, which was 25% more than 2003’s $70 billion.”

Additional statistics on the top 500 online retailers in 2005, as reported by Internet Retailer:

• Recorded sales of $68.9 billion, 63% of all U.S. Internet-based sales
• Transacted 523.9 million separate sales at an average ticket of $118
• Received 1.42 billion average monthly visits
• The top 100 control 54.5% of retail Web sales
• U.S. Internet users visited an average of four retail sites in 2005

Amazon.com ranked number 1 in 2005 e-commerce sales, followed by Office Depot, Staples and Dell.

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