BackDate:21 July 2010
Ecommerce Still Growing: Actinic Survey Shows SMEs’ Orders Up 39% and Revenue Up 15% in Q2 2010
West Byfleet, Surrey -- 21 July 2010 -- Ecommerce software specialist Actinic (
www.actinic.co.uk)
has completed its first quarterly survey of UK small and medium
enterprises (SMEs) which highlights a healthy increase in revenue of 15%
in the three months to June 2010 when compared to the same period in
2009. However, e-retailers have had to increase their order volumes
substantially by 39% to achieve this growth as the average order value
has dropped by 17%.
The Actinic survey shows that although online sales are growing
faster than in the high street, the average shopping cart value has
declined slightly from £87.09 in Q2 2009 to £72.35 in Q2 2010. This
decrease means e-retailers had to work harder to achieve the increase in
revenue with promotional offers, discounted lines or focusing on lower
value items. On average an extra 262 orders were processed by each
e-retailer during the quarter when compared to the same period the
previous year.
Jez Hall, director of garden machinery supplier www.mowermagic.co.uk
comments: “We have noticed a shift in customer purchasing behaviour for
the second quarter of 2010, due to the economic climate. Our range of
garden machinery is still selling well but we have experienced a
significant increase in spare part sales as customers, make do and mend,
rather than replace garden equipment. This trend has helped our bottom
line as the margins we can achieve with spare parts can be higher than
selling the larger ticket items such as lawn mowers.”
He adds, “Without wanting to put a dampener on this year’s long hot
summer, the lack of rain does mean gardens are not flourishing. However
with our sales revenues up 12% on the second quarter of 2009 figures, we
are not complaining.”
Nick Kington, managing director at Actinic says, “This is another
impressive performance by online sellers in the SME market and in line
with Sales Index figures reported by the IMRG in June. Despite the
economic climate many Actinic retailers are seeing very positive signs
that consumer confidence and online spending in particular is on the
increase.”
Contacts:
Simon Armstrong, marketing manager, Actinic, 0845 129 4800,
sarmstrong@actinic.co.uk
Actinic PR: Jane Lee, Dexterity, 01273 470199, actinic at
dexterity.co.uk
About Actinic:
Founded in 1996, Actinic (
www.actinic.co.uk)
is a British company specialising in helping small and medium retailers
trade, both online and offline, using its ecommerce and electronic
point of sale (EPOS) packages.
Actinic offers ecommerce products for web designers and self-builders,
including both web-based and desktop solutions. The range includes
Actinic Enterprise, Actinic Business, Actinic Catalog, Actinic Express
and Actinic Designer. Actinic powers more UK ecommerce sites than any
other company.
Actinic EPOS systems give a comprehensive feature set that is
straightforward to operate at great value. The range extends from a low
cost, single till installation for the smaller store, to integrated
multi-till and multi-site systems with head office functionality for
centralised product, stock and price updating and reporting.
Trademarks: Actinic, Actinic Catalog, Actinic Business, Actinic Express
and Actinic Designer are registered trademarks of Actinic Software
Limited.
Keywords
Actinic, ecommerce software, ecommerce, shopping cart, sme, online sales, survey