Survey reveals revenue increase for e-retailers

26 Oct 2010

Small and medium-size businesses that sell products online have increased their sales during the third quarter in comparison to last year’s figures, a recent survey suggests.

The UK survey, conducted by ecommerce specialist Actinic, highlighted an 18pc increase in revenue in the three months to 30 September 2010 when compared to 2009, but it found that e-retailers have to work hard in a challenging and competitive environment.

The results of this survey precede the all-important Christmas period, when the majority of e-retailers hope to increase their sales.

Nick Kington, managing director at Actinic, said: “These growth figures indicate that online sellers in the SME sector are faring well against poor high street sales. With consumer confidence decreasing in September, as reported by the Nationwide Building Society, it is very encouraging to see e-retailers are still reporting double-digit year-on-year growth.

“On the run up to Christmas, online merchants are looking well placed to capitalise from consumers shopping around to get the best deals.”