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Think Big. Move Fast.

Internet Retailer shares a bunch of interesting ecommerce stats from the E-tailing group. Notable for me is the conversion rate for retailers in 2009:

Conversion Rate: % of retailers
<1%: 4%

1-3%: 44%

3-5%: 21%

5-8%: 17%

8-20%:

9% >20%: 1%

Don’t know: 6%