The last couple of years people have been wondering (including myself) if the internet is getting saturated. Sure people in 3rd world countries are getting on the internet and that is where a lot of the growth is coming from, but if your in the U.S and catering to those customers then that really doesn’t mean much for your website or business.

If you’re in the entrepreneurial spirit and want to start your own website or blog, but feel the internet may be too “established” to get off the ground with traffic to your website or business

Think again.

This news article just came out.

Online sales spike 19 percent

New industry report says clothing overtook electronics as No. 1 most-purchased item online in '06; total online sales forecast to grow to $174.5B in 2007.

May 14 2007: 12:29 PM EDT

NEW YORK (CNNMoney.com) -- As more American consumers forego crowded malls for the convenience of online shopping, total Internet-related sales are forecast to jump 19.1 percent to $174.5 billion in 2007, excluding travel, according to a new industry report Monday.

The "State of Retailing Online 2007" report from the National Retail Federation (NRF) and Shop.org said total online sales this year,including travel, are expected to increase 18 percent to $259.1 billion.

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Online sales last year rose 29 percent to about $146.4 billion, excluding travel, representing 6 percent of overall retail sales in 2006.

Moreover, the report said for the first time Americans spent more online for clothes than on computers last year.

The report said total clothing, accessories and footwear sales reached $18.3 billion in 2006. This year, category sales are expected to hit $22.1 billion as 10 percent of all clothing sales are expected to occur online.

According to the study, many e-tailers have made it easier for consumers to buy clothes online by adding extra incentives such as free shipping on returns and exchanges

Additionally, etailers are integrating new technologies onto their Web sites where customers can zoom and rotate merchandise or see the item in different colors before buying, the report said.

Computer hardware and software, long the frontrunner for online sales, moved into second place in 2006 at $17.2 billion, followed by sales of autos and auto parts at $16.7 billion and home furnishings at $10 billion, the report said.

Source: CNNmoney.com

This means that people are expected this year to be buying more then ever. This is great news for those who want to build a website especially based on affiliate sales. It means the internet is still a growing economy which means its not “too late” to get into being a webmaster. Hell it’s growing faster annually then the U.S GDP.