Mar 09
25
The Crash had a soft landing on the Internet
A few weeks ago, I wrote about the benefits of Peer to Peer Ecommerce using Ebay as my model. It appears that the numbers are proving me correct.
I said…..
1. Consumers don’t trust big business.
2. Consumers trust other consumers.
2. Social Networking (P2P) sells more products faster.
The economic Downturn doesn’t appear to be affecting online commerce numbers.
A look at Global visitors per minute to E-Commerce sites shows that approximately 3,168,000,000 requests were made for e-commerce web pages in the last 24 hours.
That’s 2.1 requests per day from every DSL user on the planet.
Global 24 hour Snapshot – 24th March 2009
Source Akemai
And this trend appears to have increased slightly during Oct/Nov to its current leveled off position showing that even if traditional bricks and mortar establishments are feeling the pinch – on the Internet – people are still interested in at least Window Shopping.
Global Five Month Snapshot – 24th October 2008 – 24th March 2009
Source Akemai
Comparing the peak visitors over the last 24 hours amongst the five continents shows Europeans are the most avid online shoppers followed by North Americans and then Asians.
|
Europe |
3,288,141 |
|
North America |
2,323,876 |
|
Asia (Pacific) |
323,296 |
|
Australia |
221,054 |
|
South America |
90,964 |
|
Africa |
17,147 |
If more Internet users are spending Euros than US Dollars, I’m afraid the US balance of Payments might be out of whack for a little longer. But for the rest of the world – the news is extremely good.
Is this the beginning of the Worlds Consumers talking the needed recovery action into their own hands ?