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 Thursday, 2nd June 2011, 15:00:57

'Tremendous scope' for companies to make money from ecommerce

'Tremendous scope' for companies to make money from ecommerce

Businesses could look at introducing an ecommerce website after an expert said that small businesses have a "tremendous scope" to increase internet turnover.

Phil Kingsland, site director of knowthenet.org.uk, said that there will be a huge difference for businesses that turn to the internet in a bid to develop revenue streams.

He added that while small businesses have 2.4 per cent of their turnover come from online sources, this is 18.7 per cent for large firms - suggesting that an online website could help to increase income.

His comments come after research by JiWire, published last month (May 24th), revealed that the majority of mobile shoppers are using phones to spend time researching future purchases.

Mr Kingsland advises companies to try and get clued up on what is needed to create an ecommerce site.

"For many small businesses, taking the time to read around developments in web technology and growing their understanding of how they can tie this into their business could make a huge difference," he added.

Posted by Phil Williams

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Categories:  |  Ecommerce  |  


Related Headlines:

 01-06-2011: La Senza launches ecommerce website in Australia

 31-05-2011: Poor mobile broadband hampering m-commerce spending, report finds

 25-05-2011: Ecommerce sites through mobile platforms can help deliver 'high quality user experience'

 24-05-2011: Ecommerce websites see further boost as sales figures grow

 20-05-2011: Ecommerce use could widen as superfast broadband is set to grow

Previous Headlines:

 02-06-2011: Cloud services to create 300,000 jobs in India, Microsoft says

 01-06-2011: La Senza launches ecommerce website in Australia

 01-06-2011: Domain names will become 'profitable faster' if including keyword

 01-06-2011: Cloud services will be through all devices as expert says computer decline won't last

 31-05-2011: Facebook not looking to advertise through mobiles, report says


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