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According to the CBI, within the next 10 years, online commerce could overtake high street sales.
- 10%
of the UK has Internet access. This figure is doubling every year.
- During
1997 the number of people on the Internet doubled. By the end
of that year, there were estimated to be 100 million people on
the Internet 18.75 million were from Europe. (source NUA).
- Electronic Commerce in the UK will exceed £2.73 billion by 2001. That's a growth rate of 109% since 1996.
- In
a recent survey 70% of large UK companies are using the Internet
70% of those questioned, reported an enhanced corporate image
as a result of using the Internet 57% reported increased efficiency
and 50% reported improved quality of service. (Source: Cambridge
News Online)
- By
2005, Internet transactions will account for 50% of the credit
card market. (Source Killen & Associates)
- The number of people shopping online is 8.6 million. This will increase by 230% annually.
- $10
billion worth of Internet trading last year will rocket to $96
billion this year
- Online sales grew from 2.8 billion in 1996 to 13 billion in 1997 and are expected to grow to 45 billion for the 1998 financial year. (Source: Active Media).
- In UK SME are overtaking large businesses in strategic use of the web.
- 3.5
Million people in the UK have used the Internet in the past six
months. 1.5 million are regular users.
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