Is ebay on Santa’s list?
Is online shopping ready to boom this Christmas season? Buisness Week ventures question and talks to ice.com about it.
That bodes well for other big e-commerce companies, such as Amazon. Some observers think high gas prices actually could spur shoppers to click instead of drive, potentially offsetting the slowing economy. The online jewelry store Ice.com, for instance, is offering free shipping on all orders, as well as free returns, in a bid to lure new online shoppers. “It’s really going to attract the fence-sitters,” says CEO Shmuel Gniwisch.
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