CNBC has conducted all American Economic Survey which has revealed some interesting results. There is a lot of hype about e-commerce and it was thought that majority of American shop on Amazon.com, Inc. (NASDAQ:AMZN) or eBay Inc (NASDAQ:EBAY). But the survey from CNBC show that 90% of the American prefer in-store shopping. This result depicts a lot of future trends. Many experts are of the view that store shopping is here to stay and no matter how many ventures, innovation and investments are done by Amazon or eBay Inc (NASDAQ:EBAY), physical stores are the top priority for the users. They can actually touch the things they want to buy, try them and exchange. Shopping has to do with feeling the actual buying process instead of just some clicks. Amazon.com, Inc. (NASDAQ:AMZN) had eBay Inc (NASDAQ:EBAY) are expanding their business around the country and beyond.
There is no doubt that the recent past has seen a massive surge in online sales but the overall trend remains in the favor of physical stores. Perhaps this is the reason why Amazon.com, Inc. (NASDAQ:AMZN) and eBay Inc (NASDAQ:EBAY) are moving towards physical stores.
The survey has shown some really positive marks for the American economy. An average American is planning to spend around $765 this year this holiday season. This is up by 12% as compared to the last year. Amazon.com, Inc. (NASDAQ:AMZN) and eBay Inc (NASDAQ:EBAY) must open new physical stores. The online business will grow in the future but a major market area which is the physical store business must not be left over. Amazon.com, Inc. (NASDAQ:AMZN) and eBay Inc (NASDAQ:EBAY) can compete and beat Alibaba in the US in the future because the Chinese giant has no infrastructure and plans to open physical stores in the US.