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3rd Aug 2007
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Online Retail Spending in UK Set to Double in the Next 5 Years
A recent study by the Office of Fair Trading predicts that online retail spend will increase from £14 billion to £29 billion over the next 5 years; this equates to a shift from 5% to almost 10% of all retail transactions.
This increase is largely due to technological improvements & greater broadband take-up, a wider range of devices with internet access (such as TVs, media centres and mobile phones) and improved consumer awareness and social acceptance of internet transactions.
Also, convenience, variety and ease of price comparisons are making internet shopping more attractive to consumers than traditional shopping mediums. In addition, internet shopping is not restricted to a small number of transactions. The influential IMRG (Interactive Media in Retail Group) predicts that the average web shopper will spend £1,615.00 during 2007, generating 860 million deliveries in the UK. This illustrates the increasing frequency and value of internet purchases.
The strong evidence is that if customers are not able to buy from your website you are losing the opportunity to capitalise on this trend and, worse still, consumers could be buying from an alternative supplier.
Learn Essential Tips for Trading Online
If you are planning to start selling online, or you already do, then a seminar being held in Taunton in October will help you to maximize your success. Retail on the Web – Essential Tips for Trading Online brings together an expert panel of industry professionals each offering practical tips that you can put to use immediately within your business. A series of energy-packed briefings will cover key aspects of making the internet a successful trading place for your business – helping you to gain a real advantage over your competitors.
Free from jargon and hype, this practical seminar delivers the facts to business owners, and provides the knowledge that will enable you to make your own informed decisions about trading online. The panel of experts will help you to discover the benefits and avoid the pitfalls of developing an online business.
There will be an opportunity to win some excellent prizes in a charity raffle, all the proceeds
of which will be donated to BIBIC, the South West based Brain Injured Children’s charity. Details of the Charity’s work can be found at www.bibic.org.uk
The Event was held at The Tacchi Morris Centre in Taunton from 6pm – 9pm on Tuesday 30th October. For more information on future events please go to www.retailontheweb.co.uk or telephone Sitemakers on 01458 253290.
Contact us now about how you can make the most from the internet for your business.
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Sitemakers firmly believe that offering website design solutions for businesses includes seeing that they realise their true potential on the internet. This includes offering comprehensive ongoing management, marketing and search engine optimisation services.
E-commerce websites are the most popular destination for internet users and growth in online sales increases at a rapid pace month on month. An effective e-commerce website combined with targeted internet marketing can bring great benefits to your business.
At Sitemakers we know that design is not all about pretty pictures and fancy graphics.
Functionality, ease of use and integrated search engine optimisation
will help to convert visitors into customers and get your website
seen by the masses, not just by those you tell about it!
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