Small Business Opportunities & Ideas

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How fast is Internet commerce growing?

October 30th, 2006 by ps

According to The Australian (Oct 28, Jeni Harvie, “Why Sellling Onlie is Taking Off”), its the “age of ecommerce and its booming”.

She reports ACNielsen estimates that the Australian online shopping market totalled over $7B, growing at 40% per annum and with Australia in the top 15 countries in the world for online buying.

Her report quotes instances of Australians buying a 36m motor yacht for $37million and luxury world cruises for $253,000.

Food for thought … are you looking at eCommerce?


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