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This figure has been consistent for the last few years (ranging between 58% and 69%). Moreover, US respondents asked in the survey listed free shipping (54% mentions) as a most important factor for online shipping. Next in line were exclusive online deals (23%), no sales tax (10%), fast shipping (9%) and in store pickup (5%).
Discounts and allowances are reductions to a basic price of goods or services. They can occur anywhere in the distribution channel, modifying either the manufacturer's list price (determined by the manufacturer and often printed on the package), the retail price (set by the retailer and often attached to the product with a sticker), or the list ...
FOB ( free on board) is a term in international commercial law specifying at what point respective obligations, costs, and risk involved in the delivery of goods shift from the seller to the buyer under the Incoterms standard published by the International Chamber of Commerce. FOB is only used in non-containerized sea freight or inland waterway ...
N. nadir. narrows. Also narrow. A land or water passage that is confined or restricted by its narrow breadth, often a strait or a water gap. nation. A stable community of people formed on the basis of a common geographic territory, language, economy, ethnicity, or psychological make-up as manifested in a common culture. national mapping agency.
Online shoppers spent $942 million to make Free Shipping Day the third highest spending day of the 2010 holiday season, ultimately boosting online sales 61 percent from 2009. In 2011, Free Shipping Day became a billion-dollar shopping holiday with $1.072 billion in sales, followed by $1.01 billion during Free Shipping Day 2012.
Online retail spending reached $38 billion this quarter, up 12 percent from a $33.8 billion a year ago according to Comscore. This growth is due to an increase in the number of buyers (7% ...