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22/11/2004
Internet sales doubles in value to £39bn, says ONS
The value of businesses' Internet sales doubled to £39.5 billion last year, according to the Office for National Statistics (ONS).
The results of the 2003 survey revealed an exponential rise on the £19 billion achieved in 2002, reflecting a 113% increase in the value of trade over all kinds of Information and Communication Technologies (ICTs) across all sectors of the economy, and by businesses of all sizes.
Sales over non-Internet ICTs, such as electronic data interchange, e-mail, PC-based fax and automated telephone entry, also rose, but by a more modest 15%, from £170.8 billion to £195.6 billion.
The value of Internet sales to households rose to £11.4 billion in 2003 from £6.4 billion in 2002.
For every £100 worth of sales over the Internet, £67 was spent on physical products; and for every £100 worth of purchases over the Internet, £78 was spent on physical products, the ONS survey found.
Some 12,000 firms were questioned on ICT usage in the survey, now in its fourth year.
(gmcg)
The results of the 2003 survey revealed an exponential rise on the £19 billion achieved in 2002, reflecting a 113% increase in the value of trade over all kinds of Information and Communication Technologies (ICTs) across all sectors of the economy, and by businesses of all sizes.
Sales over non-Internet ICTs, such as electronic data interchange, e-mail, PC-based fax and automated telephone entry, also rose, but by a more modest 15%, from £170.8 billion to £195.6 billion.
The value of Internet sales to households rose to £11.4 billion in 2003 from £6.4 billion in 2002.
For every £100 worth of sales over the Internet, £67 was spent on physical products; and for every £100 worth of purchases over the Internet, £78 was spent on physical products, the ONS survey found.
Some 12,000 firms were questioned on ICT usage in the survey, now in its fourth year.
(gmcg)
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