Online sales has increased 350% from 2000-2005 in the UK, according to a report by Booz Allen Hamilton. Online sales is expected to reach €26 billion in 2006.


Online sales has increased 350% from 2000-2005 in the UK, according to a report by Booz Allen Hamilton. Online sales is expected to reach €26 billion in 2006.

Additional key findings include:

– Shoppers will spend €1,000 online on average in 2006.

– Online retailers could control 15% of private customer transactions by 2010. This will equal €60 billion of spend.

– Online card payments in UK has reached 310 million transactions in 2005, totaling €22 billion.

– This accounts for 5% of all card payments.

– 28 million users in the UK use credit/debit cards to purchase online.

– The market for epayment services will increase to €13 million in 2008, and €40 million by 2010.

LINKS:

For more information on the report, click here.

For more information on the company, visit Booz Allen Hamilton.

 

 

 

 

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