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Just Take a Look at These Statistics To See The Potential Of This Business

Cahners In-Stat reports that the market for providing small businesses with easy-to-use website services is set to be a lucrative one over the next few years!
Forrester Research predicts that the market for internet consulting will
grow significantly
According to a survey from Arthur Andersen, one-third of company executives feel that online marketing plays a crucial role in their overall ebusiness strategy, while 50 percent believe that online marketing will offer a vital means of competitive positioning.

A survey by Continental Research discovered that the two biggest reasons for SME's not getting on-line are:

  • Unsure of how to use technology
  • Solutions focus on technology not business

This represents a major opportunity for those who take up our Internet
Consultancy. The business development program that comes with the package
will teach you how to market custom built solutions that solve the
compelling problems of your target market and use the Internet as an
effective business tool - instead of just focusing on technology..

Estimated Quarterly U.S. Retail Sales: Total and E-commerce
(Estimates are based on data from the Monthly Retail Trade Survey and administrative records.)


(p) Preliminary estimate.

E-commerce sales are sales of goods and services where an order is placed by the buyer or price and terms of sale are negotiated over an Internet, extranet, Electronic Data Interchange (EDI) network, electronic mail, or other online system. Payment may or may not be made online.

Estimates are adjusted for seasonal variation and holiday and trading-day differences, but not for price changes.

E-Commerce Market Size and Trends

The increase and penetration of online use in the US increases the potential market size for E-Commerce on an annual basis. A large share of the expected growth in Internet commerce can be attributed to the increase in the online population:

U.S. online population estimated to increase nearly 50%, from 141.5 million in 2001 to 210.8 million by 2006 (CAGR of 8.2%). (see Figure 2 below) >

U.S.online retail sales will grow from $47.8 billion in 2002 to an estimated $130.3 billion in 2006 (see Figure 1 below)

There are 2.3 million small companies in the U.S.; with 16% of these in the retail trade and 60% of all small companies have an online presence - potential market size for our service is upwards of 200,000 companies.

Annual spending per buyer will increase from $457 in 2001 to $784 in 2006.

Figure 1: U.S. Online Retail Sales

Figure 2: U.S. Online Users

EBusiness and eCommerce Facts

In a market-based economy, prices transmit all of the information that participants in the economy require to make effective decisions. Producers need to know the prices of inputs they must buy and the prices of the outputs they wish to sell in order to decide what and how to produce. Consumers need to know the prices of the goods and services they might buy, and the going rate for their labour skills and other services they wish to sell, so that they can make appropriate decisions about household consumption and labour force participation. On both the production and consumption sides, market prices act as coordinating signals.

Statistics proving the importance of Telephone in an Ecommerce Strategy

WORLD INTERNET USAGE AND POPULATION STATISTICS

World Regions

Population
( 2007 Est.)

Population
% of World

Internet Usage,
Latest Data

% Population
( Penetration )

Usage
% of World

Usage Growth
2000-2007

Africa

933,448,292

14.2 %

33,545,600

3.6 %

2.9 %

643.1 %

Asia

3,712,527,624

56.5 %

436,758,162

11.8 %

37.2 %

282.1 %

Europe

809,624,686

12.3 %

321,853,477

39.8 %

27.4%

206.2 %

Middle East

193,452,727

2.9 %

19,539,300

10.1 %

1.7 %

494.8 %

North America

334,538,018

5.1 %

232,655,287

69.5 %

19.8%

115.2 %

Latin America/Caribbean

556,606,627

8.5 %

109,961,609

19.8 %

9.4 %

508.6 %

Oceania / Australia

34,468,443

0.5 %

18,796,490

54.5 %

1.6 %

146.7 %

WORLD TOTAL

6,574,666,417

100.0 %

1,173,109,925

17.8 %

100.0 %

225.0 %

NOTES: (1) Internet Usage and World Population Statistics are final for June 30, 2007.

Active Home Internet Users by Country, June 2007

The number of active home Internet users dipped 0.46 percent from May to June in the 10 countries tracked by Nielsen//NetRatings.
The half a percent comes to a total of 1.5 million Internet users.

Active home users decreased in Spain (4.94 percent); the U.K. (3.34 percent); Switzerland (2.23 percent);
France (1.93 percent); and Italy (1.64 percent). The number of active Internet users went up slightly in Brazil (0.64 percent);
Germany (0.55 percent); Australia (0.48 percent); the U.S. (0.27 percent); and Japan (0.22 percent).

Active Internet users are derived from the number of users who have logged on in the previous 30 day

Worldwide Active Internet Home Users, June 2007

Country

May 2007

June 2007

Growth (%)

Difference

Australia

10,818,299

10,767,125

0.48

51,174

Brazil

17,932,872

18,047,372

0.64

114,501

Switzerland

3,757,853

3,673,908

-2.23

-83,945

Germany

32,843,838

33,023,580

0.55

179,742

Spain

14,727,273

13,999,820

-4.94

-727,453

France

23,030,722

22,586,718

-1.93

-444,004

Italy

17,484,177

17,197,972

-1.64

-286,205