Saturday, October 14, 2006

Online sales up 60% last year

The ONS e-commerce survey, based on results from businesses with 10 or more employees, shows rapid growth both in the use of Information and Communications Technologies, and the value of trade over the internet.

The total value of internet sales by businesses reached £103.3 billion in 2005, a rise of 56% from the 2004 figure of £66.2 billion. The survey showed that businesses are making more and more use of ICT.

Read more at e-consultancy.

And also read Richard Maven who says that Europe’s high streets could eventually be devoid of banks, travel agents and mobile phone shops as consumers turn to the web for research, according to ACNielsen.

He reports the study found consumers used window-shopping less than the net when choosing their purchases, except when it came to clothing and accessories.