Press Release: Consumer Electronics Products are Fueling the Growth as Online Sales are Expected to Reach $1 trillion by 2012


September 27, 2005 -- Sales of consumer electronics are growing at a record pace this year as online sales revenue is expected to reach the trillion dollar threshold by 2012. Online retailers like www.WholesaleCentralUSA.com are seeing the largest percentage of growth as Internet shoppers are looking for ways to save money as well as time. More and more buyers are looking to Internet malls for their everyday shopping needs. Online merchants who provide a variety of products, reasonable prices as well as fast & reliable delivery options are best positioned to lead the way now and for years to come.

Leadpile.com says online commerce to pass $1 trillion potential and make up 25% of all sales in the United States by 2012. Leadpile.com predicts that new “Younger Super Internet Consumer” will lead the way. 

“Consumer electronics products will contribute a large part to the overall growth estimates,” says Glen Douglas, President of www.WholesaleCentralUSA.com which is why we have added many new products to our Web Store like digital cameras, plasma and HDTV units, computers, home theater systems, car navigation & entertainment and much more.”

Growth will not be limited to Internet retailers. The National Retail Federation is forecasting that holiday retail sales will rise 5 percent over last year. That means that registers will ring up more that $435 billion in transactions. Sales last year were up 6.7 percent from 2003 levels. If recent trends continue, it is very likely that shopping centers and stores will be looking a lot like Christmas long before Thanksgiving.

"Consumers won't have to wait until the last minute to get the best deals this year because retailers are expected to be aggressive in their pricing strategies throughout the entire holiday season," said Tracy Mullin, NRF president. "Stores are planning for holiday sales and promotions, so discounted prices won't have a negative effect on profits."

For additional information on the products offered by Wholesale Central USA, inquire at http://www.WholesaleCentralUSA.com.

www.WholesaleCentralUSA.com carries a variety of electronics products including cameras, camcorders, computers, laptops/notebooks, computer accessories, housewares, kitchen products, As Seen on TV products, plasma TVs, GPS / navigation, cell phones, cordless phones, and much more. Privately owned and operated, located in Yorba Linda, Ca.

Posted: Tue - September 27, 2005 at 09:05 AM          

©