According to Internet Retailing the internet will account for a full 25% of ALL retail sales by 2009. this is attributed to consumers growing faith in established selling sites such as ebay and the security of the internet in general.
“In 2006 sales made online, together with those made on the high street or through a contact centre after products had been researched online, amounted to £80 billion”, and online figures are only expected to grow, with a 40% increase predicted in 2007. As more and more people become computer literate previously inaccessible markets will be available through internet trading, where once the internet was the preserve of the youth now the internet, and selling and buying over it, is truly a global phenomenon.
“E-commerce is no longer a part-time or experimental activity in the Marketing Department, nor is it a matter of just showing the best products on a website” says Internet Retailing. More and more people are coming round to this way of thinking and are finally beginning to view the internet as a primary retail outlet for everything from t-shirts and polo shirts to socks and Underwear. As one of the first UK-based retail companies to deal exclusively online, we don’t like to brag, but we told you so.