Good News for Canadian Businesses With Ecommerce Websites

Published: November 19 2008

Ecommerce > Good News for Canadian Businesses With Ecommerce Websites. CBC.ca issued a brief summary of a recently released Statistics Canada report on Canadian online spending.

Online sales rose up from $7.9 in 2005 to 12.8 billion in 2008! That's and increase of 62%! CBC.ca listed some of the factors behind this massive jump as follows:

• Canadian online shoppers aged 16 and over - 6.9 million in 2005 vs. 8.4 million in 2007
• Growing familiarity with online shopping

Statistics Canada also reported that more and more Canadians are using Ecommerce and Ecatalogue websites to research potential purchases and then purchasing the product at the traditional bricks-and-mortar retailer that offered the most value online.

It's a very good read, especially for businesses already augmenting their revenue through Ecommerce sales, or businesses seriously considering their options for increased revenue in the future. Check it out here!