Boom & Bust

23 December 2009

Back to UKFast in the media

A UKFast report has pulled together some revealing figures about web-based businesses.

Every week 8.6million people shop online in the UK. The multi-billion pound industry has grown 5,000 per cent in a decade and at its height (Christmas 2008) accounted for £1million in spending per hour. However, the web hosting firm claims nine out of every 10 online businesses fail. "According to Google research, 90 per cent of its users never go past page one of the search results. So even being on page two means you miss out on nine out of 10 people," says UKFast managing director, Lawrence Jones. To get the full report, Four Critical Reasons Why Businesses Fail Online, visit www.ukfast.co.uk.

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