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Internet sales rise 29% to £130bn in 2006

By: Neil Thurlwell - SEO for BT (CustomerStreet)
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Dec
21

Customer Street monitor trends and patterns in the UK E-Commerce market so that they can advise their clients on selling online.

In the 2006 e-commerce Survey of Business the Office of National Statistics (ONS) found that the value of Internet sales by UK businesses rose to £130.4bn in 2006, an increase of 29.1% on the 2005 figure of £101bn, according to estimates from the latest annual e-commerce survey published today.

Other key findings of the survey include:

  • Internet sales represented 6.5 per cent of the total value of all sales by non-financial sector businesses in 2006.
  • Internet sales accounted for 36.8 per cent of the value of sales over all kinds of ICTs in 2006, up from 33.1 per cent in 2005.
  • 27.1 per cent of the value of all purchases made by non-financial sector businesses were made over the Internet or other ICTs in 2006.
  • Just over 52 per cent of businesses used the Internet to interact with public authorities, such as government departments and local and regional authorities in 2006.
  • Almost one in five businesses employed ICT specialists in 2006.

If you are a retail outlet or would like to capitalize on this huge increase in spending, contact Customer Street today about an eCommerce Website.

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