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Missing link? Less than one-quarter of Irish SMEs trade online

The online consumer spend is projected to grow to €13 billion by 2020.

LESS THAN ONE-quarter of Irish small and medium enterprises trade online, missing out on an online spend that is forecast to grow to €13 billion by 2020.

That’s the statistic that Dublin Chamber of Commerce are pointing out as they launch their updated guide to selling online for small business.

Despite three-quarters of companies having a website, only 22% actually sell their product online.

Businesses that restrict themselves to bricks and mortar outlets are missing out on a large – and growing – online consumer spend, according to DCC chief executive Gina Quin.

“Three out every four euro spent online in Ireland goes to ecommerce sites based outside of Ireland, which represents a huge loss to the Irish exchequer, particularly with online spending forecast to grow to €13 billion by 20202.”

She said that international research shows that SMEs that adopt to online trading grow twice as fast and export twice as much as their offline competitors.

The guide produced by Dublin Chamber of Commerce is designed to keep business owners abreast of the latest developments in consumer law, as well as encouraging more SMEs to develop their ecommerce offering.

New EU consumer legislation governing online selling comes into force tomorrow.

Read: 2.6 million Irish spend €116 per month shopping online>

Read: Everything you should know before shopping online>

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    Mute Rafa C
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    Jun 16th 2024, 10:12 PM

    I thought the questions would be about the 1980s cartoon series… Very disappointing 1.

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    Mute Louise Keehan
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    Jun 16th 2024, 10:37 PM

    @Rafa C: my brain can’t help but sing it now!!!

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    Jun 16th 2024, 11:35 PM

    @Rafa C: OK, what was the name of the original Japanese Anima? In Japanese for bonus points….

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    Mute Bert Carolan
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    Jun 16th 2024, 11:02 PM

    I’m sure he’s brilliant but I can’t make head nor tail of his writing.

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    Mute John Smith
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    Jun 17th 2024, 12:00 AM

    @Bert Carolan: Try Dubliners, I found it the most accessible one. I couldn’t get far into Ulysses.

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    Mute Donna Fallon
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    Jun 17th 2024, 12:42 AM

    @John Smith: anyone who claims to have read Ulysses is a narcissist and up their own A. I know because my excuse for a Dad apparently did.

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    Mute Paul Red
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    Jun 17th 2024, 12:53 AM

    @Donna Fallon: absolute rubbish. The idea is ludicrous

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    Mute John D Doe
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    Jun 17th 2024, 3:43 AM

    @Donna Fallon: how many cats have you

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    Mute Donna Fallon
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    Jun 18th 2024, 8:19 AM

    @John D Doe: I’m more of a dog person TBH John.

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    Mute rosemary flowers
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    Jun 19th 2024, 12:33 PM

    @Donna Fallon: BS, I read it 5 times because it referred to many places I knew as a child. It’s very hard going at times but I loved the way Joyce painted old Dublin, unfortunately many places have disappeared or are unrecognisable nowadays.

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    Mute David Stapleton
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    Jun 17th 2024, 7:14 AM

    I could have sworn he was buried in Paris.

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    Mute Paul Somers
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    Jun 16th 2024, 10:20 PM

    Fantastic writer / poet, bazaar reading, and history at times. 11/12 ain’t bad. Quizzical fellow.

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    Mute nollaig o cellaigh
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    Jun 16th 2024, 11:16 PM

    9 / 12

    Surprised myself

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    Mute Setanta O'Toole
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    Jun 17th 2024, 2:37 PM

    Some man for the love letters.

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    Mute edw
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    Jun 16th 2024, 10:30 PM

    I know it’s taken my birthday. d4amn you joyce

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    Mute Paul Somers
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    Jun 16th 2024, 10:38 PM

    @edw: Happy Birthday EDW. Happy birthday to you

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    Mute Willie Marty
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    Jun 16th 2024, 11:50 PM

    @Paul Somers: cheers.

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