Monday, December 10, 2007

Internet Sales to Cross £7-Billion Mark

Christmas is set to bring in windfalls for web businesses world over. Since November end, online shoppers have been logging on to the Internet in unprecedented numbers and e-sales are touted to touch the magic figures of £7.4 billion by Christmas. This figure is a whopping 106 percent up from the sales figures of December 2006.

According to online statistics, the total amount of online sales is expected to touch £53 billion. About 62 percent people in the UK are using the web to shop for Christmas. With broadband making its way to more than 15.5 million households in the country, evening time is the highly profitable for businesses. This is because most shoppers prefer to use the web after office hours, in the comfort of their homes.

The decrease in security fears related to e-shopping has also contributed to this upsurge in sales. People are not very wary of trading online and are increasingly becoming familiar with using their credit cards without any trouble. Amazon, Play.com, Dell and Apple are reaping the biggest share of benefits from this shopping frenzy.

Happy shopping to all of us!!!

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