Wednesday, June 11, 2008

Small business owners don't see web sales declining

Many smaller businesses don't think that the slowdown of the economy will necessarily impact web sales. According to a new survey done by Register.com, about 70% of respondents said that there will be no decline in web sales in the next year, while 34.6% predicted that they will see a rise in revenue from web sales. About34.4% said that they expect sales from web sites to remain the same as before. Of a total of 800 small business execs interview for the poll, about 70% of them were owners and partners.

Interestingly, while the majority said that they do not see a decline in the newer future, about 20% of respondents did not know what their current web sales figures were and 41% said that more than a quarter of their revenue came from web generated sales.
“Having a web site has become more than a luxury for small businesses and entrepreneurs, it is a necessity,” says Register.com CEO Larry Kutscher. “Our small business customers know that investing in a great web site is a more effective way to reach potential customers and stay in contact with existing clients. The response to our survey shows the result of this investment, as a majority of customers expect no decline -- and many expect growth -- in their web revenues over the next year.”

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