Over the last decade online retail has become dwarfed by a succession of record-breaking statistics. By 2012, 115m visits to UK shopping websites were made on one day alone. That day was 3 December, dubbed Mega Monday or sometimes Cyber Monday. The first Monday of December has become the busiest pre-Christmas, web shopping day of the year. Last year, £10,000 worth of goods were sold per second, Visa processed 6.8m credit card transactions and a total of £465m was spent – the equivalent to a quarter of the entire Christmas spend a decade earlier.
In collaboration with Frost & Sullivan, we examine the evolving role of the network in the digital era. ...Continue Reading →