Feeds

Small.biz flocks to the web

Trading post

The Power of One Infographic

More small retailers than ever have a presence on the internet, according to a new study from ecommerce firm Actinic, which shows that a quarter of small and medium sized retail companies in the UK now have their own website, up from just secen per cent last year.

The study also found a five per cent increase to eight per cent in the number of businesses providing customers with a method of ordering and paying online.

Overall, however, the report reveals that retailers, even in the midst of the current slowdown in high street spending, lag behind other sectors in understanding the profitability of having a web presence.

Those firms that are trading online boast a profitability of 70 per cent, Actinic said. "[This year] may prove to be the year when ecommerce finally comes of age," said Chris Barling, chief executive of Actinic.

"But there is still a long way to go before the percentage of businesses trading online comes anywhere near the percentage of consumers who are shopping online.

"Many small businesses are still missing out on a huge opportunity - and at a time when traditional retail is under increasing pressure."

Also encouraging, however, is that 13 per cent of companies said they plan to launch a website in the future, while nearly a half of those already online planning to expand their site.

Copyright © 2005, Startups.co.uk

Boost IT visibility and business value

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
ITC: Seagate and LSI can infringe Realtek patents because Realtek isn't in the US
Land of the (get off scot) free, when it's a foreign owner
HP and Microsoft prove it again: Big Business Doesn't Create Jobs
SMEs get lip service - what they need is dinner at the Club
Samsung threatens to cut ties with supplier over child labour allegations
Vows to uphold 'zero tolerance' policy on underage workers
Dude, you're getting a Dell – with BITCOIN: IT giant slurps cryptocash
1. Buy PC with Bitcoin. 2. Mine more coins. 3. Goto step 1
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
US freemium mobile network eyes up Europe
FreedomPop touts 'free' calls, texts and data
prev story

Whitepapers

Seven Steps to Software Security
Seven practical steps you can begin to take today to secure your applications and prevent the damages a successful cyber-attack can cause.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
Build a business case: developing custom apps
Learn how to maximize the value of custom applications by accelerating and simplifying their development.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.