A recent study by Verdict Research has shown that the growth of online retailing is at an all time high. Figures show that online spending has increased 33.4% in the last year totaling £10.9bn.

It seems the growing proliferation of home broadband has been a driving factor in this growth. Indeed, of 3,000 customers surveyed, two thirds have admitted they shop online more because of the presence of broadband in their home.

Furthermore, Verdict are forecasting these trends will continue over the next few years with predictions that 2011 will see online retailing accounting for a staggering 8.9% of the UK’s total retail sales, with clothing, footwear, DIY, gardening and food achieving the fastest growth.

There has never been a better time to take advantage of these trends. HeadRed are experts in designing and developing effective e-commerce solutions, a statement our portfolio can justify.

So if you need help bringing your business online, we can help. Contact us to arrange an initial consultation.

Source, BBC Online 25/05/2007, “Online retailing surging ahead”

Tags: Design

This entry was posted on Friday, May 25th, 2007 at 10:17 am and is filed under Ecommerce. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.