Holiday Shipping Cost for Online Stores Gravely Eating Into Profit Margins: Augusto Beato

November 27, 2018
Download as PDF Single Release RSS Feed
Facebook Twitter Google Digg Reddit LinkedIn Email

It remains to be seen how the e-commerce industry will be able to balance door-buster deals with profitability, according to Portland SEO's Augusto Beato.

Americans are spending at unprecedented levels this holiday, with an overwhelming majority on online purchases. However, online stores ended spending more on already-elevated shipping costs, as many retailers now offer free or reduced rates for mailing packages during November and December.

“The cost for shipping is eating into the profit margins, and it's questionable whether the online retail industry can sustain operations with reduced profitability into the new year and beyond," quipped Beato, who is the CEO of Portland SEO.

Engage the services of Portland SEO through this link. Those interested in more information may also contact Augusto Beato by clicking here.

Americans spent $50.6 billion online this month through Sunday, a 20 percent increase from a year ago and spearheaded by a 24 percent surge to $6.2 billion on Black Friday, according to Adobe Analytics.

Cyber Monday is expected to add another $7.8 billion — an 18 percent year-over-year gain for that day.

Overall, physical stores had a disappointing four-day period with visits down 6.6 percent, according to retail analytics firm RetailNext. That is a big downside for brick-and-mortar chains, who claim their stores help boost web sales by giving shoppers a chance to see products in person.

However, physical stores selling electronics and appliances saw their sales rise 6.4 percent over the weekend, according to Customer Growth Partners. The researcher reiterated its forecast for holiday sales overall to grow 5.1 percent to $701 billion.



SOURCE: Press Advantage [Link]

Download as PDF Single Release RSS Feed
Facebook Twitter Google Digg Reddit LinkedIn Email

About Portland SEO :

Here at Portland SEO we earned the reputation as the best Internet Marketing Service in all of Portland for a reason. We offer unparalleled search engine optimization marketing plans Reputation Management and Portland web design Services.

Contact Portland SEO :

Augusto Beato
616 SE 68TH AVE #101
Portland OR 97215
(503)278-5599

Social Media:

Additional News Releases From Portland SEO :

June 20, 2019Portland SEO's Augusto Beato Unveils Retargeting Strategies

June 17, 2019Creativity is Essential in Retargeting Efforts, Avers Portland SEO's Augusto Beato

June 10, 2019Importance of SEO for Portland Businesses in Retargeting Efforts Emphasized by Marketing Guru

June 10, 2019Marketing Guru Promotes Personalization in Staying Relevant to the Target Market

May 29, 2019Intensive Removal of Fake Accounts A Step in Right Direction for Facebook, Notes Social Media Expert

May 24, 2019Social Media Expert: It's Ridiculous for Police to Agree to Suspect's Demand for Facebook 'Likes'

April 16, 2019Facebook Should Reveal Reasons Behind Outages, Insists Social Media Analyst

April 12, 2019Trump Looking Good For Not Letting WikiLeaks Admiration Get in the Way: Social Media Analyst

April 11, 2019It's About Time Airlines be More Proactive Against Intoxicated Passengers, Asserts News Analyst

March 29, 2019Facebook Deals Big Blow on Data Privacy with Password Scandal: Digital Marketing Exec