What is the Online Household Furniture Sales industry?
The Online Household Furniture Sales industry exhibits a moderate level of capital intensity. IBISWorld estimates that for every dollar spent on capital costs, $5.60 is spent on wages. Compared with bricks-and-mortar retailers, the industry is less heavily reliant on labour as staff are not required on a retail floor to sell goods and provide face-to-face customer service. Despite this, the industry still requires employees for the set-up and maintenance of websites, sourcing and warehouse functions, sales and marketing activities, administrative tasks, online queries and transaction processing. Industry employees receive a slightly higher average wage than traditional retail staff, due to the certain level of expertise required, particularly for web programmers and designers... purchase to read more