UK leads on e-commerce

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Posted in:Corporate and Commercial|April 3, 2012 | Join the mailing list

According to a recent report from the Boston Consulting Group, the UK leads the way when it comes to the contribution which the e-commerce sector makes to the economy as a whole. In fact, it is estimated that online sales may account for as much as half
of the whole internet based economy within the United Kingdom, a fact which shows that shoppers in this country are coming to view online purchasing as second nature.

The survey also suggested that consumers who are based in the UK, put a high value on the ability to be able to make purchases over the internet. There is evidently a continuing trend within this country for consumers to use the online environment to do their
shopping.  At a time when the high street is still facing tough trading conditions with regular store closures, figures recently released by the Office for National Statistics show that 10.7% of all sales are now made online.

Yet again, we have more evidence of how well the online trading environment is doing when compared to the traditional high street.  The UK is clearly a very strong market for online sellers with the position only set to expand as more and more consumers look
for a good deal online and become increasing used to, and comfortable with, buying goods and services over the internet. 

For more information and advice about commercial contract and e-commerce issues, please contact Luisa D’Alessandro at  Alternatively, you can call Luisa on 0161 833 9211.

The information and opinions contained in this article are not intended to be comprehensive or to provide legal advice.  No responsibility for this article’s accuracy or correctness is assumed by Berg or any of its partners or
employees.  Professional legal advice should be obtained before taking, or refraining from taking, any action as a result of the contents of this article.

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