£50 billion spent online in the UK in 2011
January 25, 2012 7:38 pm
Consumers in Britain are now spending more online than any other European country. In fact, in 2011 the UK online spending hit the £50bn mark, according to the Centre for Retail Research (CRR).
That’s £50bn worth of spending that your business is missing out on if you are not ecommerce ready.
Despite the difficult economic situation and the continuing eurozone debt crisis, December 2011 saw online sales up 16.5% year-on-year, totalling £7.9bn.
In one year the average online shopper is buying 39 items online. This equates to £1,435. Many retailers are already reporting big sales increases through their online channels. For example, online retailer ASOS have announced that they have seen a 46% rise in their global sales.
In the fast paced world of the web, your business should very firmly be online. There are a wealth of online shoppers out there who, if given the chance, would purchase from your site, you just need to tell them where to find you.
Ecommerce is the way forward. Make 2012 the year that you get your business online.
Categorised in: Blog