The October issue of Internet Retailer includes some great predictions about the growth of e-commerce. In particular, Forrester Research predicts that online sales of Health and Beauty products will grow by 22% in the next five years, hitting $7.8 billion by 2010 (up from $2.9 billion this year).
That's great news for Quixtar, which already is the online sales leader for Health and Beauty products, led by NUTRILITE vitamins, ARTISTRY skin care and cosmetics, XS Sports Nutrition, and the introduction of NAO never accept ordinary cosmetics last month. Internet Retailer ranked Quixtar #1 in Health & Beauty online sales earlier this year, and #14 among all e-commerce companies.
Forrester says growth has slowed in the number of homes shopping online, with nearly two-thirds of all households already making purchases. That means that 2 out of 3 households are Web-ready and, quite possibly, ready for a business of their own.