UK Online Sales Booming.

Here is a recent report i found to confirm the expected growth in online business sales. 

IMRG, an industry body for global e-retailing, said web sales leapt 18% in July compared with the same time last year. They haven’t risen that much since 2007.

An incredible £5bn was spent shopping on the internet during the month, a record for 2010, says IMRG, with the average UK shopper spending £81 online. 

Yesterday, the Office of National Statistics (ONS) said sales rose by 1.1% in July, well ahead of expectations.

"It is really encouraging to see growth levels returning to those seen pre-2007 and before consumer confidence was knocked by the financial crisis and the recession."

UK consumers spent £5 billion online in July alone, an increase of 18 percent on the same time last year and the largest increase since 2007 before the recession began. If the trend continues it means people in the UK will spend a whopping £600 billion online over the next ten years, up from the £250 billion it spent over the last ten.

Online businesses have been doing extremely well, seeing an average revenue growth of eight percent and a sales conversion rate of 4.35 percent, but it is actually the companies with both an online and offline presence that did best, with an 18 percent revenue growth and 4.49 percent sales conversion rate.

The evidence mounts that the UK  will need to invest more in their online business presence and put it at the heart of their marketing strategy.

Local business searches are given a high priority on Google and knowing how to get your business in front of your customers with an internet marketing service will be critical to your success.