« Rocket Man | Main | Telecom and the Internet: Why? » Why ecommerce is slowing downThe New York Times says that consumers are "internet fatigued," and as a result, ecommerce sales are slowing down. I'm betting the paper's headline interpretation ("some buyers grow web-weary") is only a small part of the story, and the Times mentions opinions more diverse than the headline suggests. I'd be interested in hearing whether credit card sales are down overall as consumers react to the unethical practices of credit card companies, who are finding any excuse to boost rates and lock consumers into spiraling debt. Online purchases are usually if not always by credit card; sane consumers have torn up their cards and are doing whatever they can to extricate themselves from the clutches of usurious corporations. [Link] jon posted this at 6:41 PM |
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