Online Retail Businesses

Online Retail Businesses see Sales Double on Last Year

Online Retail Businesses see Sales Double on Last Year

Online retail businesses have enjoyed a good start to the year with e-commerce sales for January 2016 having doubled to 15% from 7% in January 2015, a report by IMRG Capgemini has found. Sales via smartphones were found to have risen 96% year-on-year in contrast to just 26% recorded in the same period last year; signifying the increasing need for small businesses to make their websites mobile friendly. E-tailers specialising in clothing and electrical items saw the biggest rise in sales with both recording 15% growth – the highest annual growth for the electrical sector since November 2014. The strong performance of the online sales suggests that the ‘Black Friday effect’ – which appeared to influence a lingering downturn in sales growth in first quarter of last year – has not ... »