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Benefits of the Internet
Most small businesses can benefit from the range of technologies that make up the
Internet. The Internet can help you to:
Utilizing the Internet to obtain the Business Benefits
Email is probably the most widespread business use of the Internet. Many businesses use it to speed up communication and decision-making and transfer documents.
But perhaps the most important step to exploiting fully the potential of the Internet is to create a company website. This can:
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Act as an online brochure - putting your products where customers and potential
customers can see them
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Include interactive features such as online ordering, response and registration
forms and customer account records
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Act as a trading website - allowing customers to purchase from you and make
payments with credit and debit cards. Contact us to set this up for as little as £50
if you have an existing web site.
Many businesses - particularly those which trade online - are increasingly integrating their websites with back-office systems such as databases, accounting packages and
stock control and order-tracking software.
This can reduce your administration costs and improve customer service by giving quick
and easy information about an order's progress.
Setting up an extranet can help you improve the way you communicate and share
confidential information internally and with selected customers, suppliers and other
business contacts. It's a private network that users can access securely through the
World wide web.
Similarly an intranet is a way of sharing information and knowledge between people in
your business. Again, staff use a web browser to access the information available. An
intranet can't be accessed by people outside your business.
Read about our web design and development services > and see how you can obtain the Business Benefits of the Internet. |
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Article - UK online sales set to double by 2010
Yahoo News UK & Ireland 19/08/06
LONDON (Reuters) - British spending over the Internet is set to double, hitting
almost 40 billion pounds, by 2010, a survey showed on Friday.
Online spending is expected to surge to 39 billion pounds, on the back of a more
than 70 percent rise in the number of Internet shoppers, according to research
by global payments system firm PayPal.
It is anticipated the number of online shoppers is to soar to 24.9 million in 2010 -
a rise of 71 percent on 2005 figures. That would see the future
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online retail market balloon to 49 percent of the adult population.
Carl Olav Scheible, head of merchant services at PayPal, said: "Over the past
few years, we've seen the Internet gradually eating away at the high street. "Consumer interest in broadband has been a key driver for the emergence of
'convenience home shopping' with 10 million UK households now signed up."
By 2010, a fifth of purchases in the UK that would not have happened on the high
street will take place online - creating an extra 3.2 billion pounds in
consumer spending.
The largest gross profit areas are expected to be food and groceries,
do-it-yourself and clothing.
It is anticipated that the grocery sector will take the lion's share of the
online retail market. It is expected to rake in 6.25 billion pounds - an
increase of 235 percent on 2005 figures.
DIY, meanwhile, is expected to be worth 1.2 billion pounds, up 172 per cent on
last year, and clothing and footwear 2.27 billion pounds, a 160 percent rise on
2005.
Other sectors in line for a surge in sales include health and beauty, music and
video, books and electrical goods. The latter, in particular, is expected to be
boosted by a shift of sales away from the high street. E-retailing of electrical
goods is expected to be worth 4.6 billion pounds by 2010.
Online shopping grew at its fastest rate ever in Britain in the 10 weeks before
Christmas last year, the Interactive Media in Retail Group, an industry body for
electronic retailers, said earlier this year.
It expected the UK e-retailing market to grow 36 percent this year to 26 billion
pounds. The group predicted that average individual spending would exceed 1,000
pounds for the first time during 2006.
Britain's retailers have acted to try to take a slice of the burgeoning online
market. A quarter of the UK retail sector operated online in 2005, compared to
just 7 percent the previous year, according to online retail technology firm
Actinic.
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