Growth of Global and Indian Internet Economy – Getting more revenue with the help of website.

March 20, 2012 - PRLog -- Global trends:

As per Boston Consulting Group, the internet economy of G20 countries has touched a mark of $230 trillions in 2010 and it is exected to touch $420 trillions in next 4 years. The following are the key points of BCGs report.

•   There will be an average growth of 17.8% among all these countries in the Internet Economy.

•   Argentina will record 24.3%, India will record 23%, Russia will record 18.3% and Mexico will record 15.6% growth in the Internet Economy.

•   China occupies numero uno position in commodities and India occupies numero uno in services among internet based exports.


Indian trends:

In last 3 years, those Indian companies who have used Internet as medium for marketing, sales and promotions have recorded a growth of 19% in their revenues on an average where as the rest of the companies have recorded a mere 13% growth. Please find below some key observations of Indian internet market as BCG’s report.

•   India is 2nd fastest growing Internet economy among the G20 countries with an expected growth rate of 23%.

•   Current Indian Internet Economy is valued at INR 320 trillions. This is an amazing share of 4.1% of Indian GDP. It is expected to touch INR 1008 trillions.

•   What is quite interesting is, among Indian internet consumers, 36% of them are ready to quit bath for one long year if they are sitting in front on internet, 64% of them leave the habbit of chocolates, 63% of them coffee and 70% of them will leave alcohol it seems.

•   Internet is the 8th biggest industry in India and interestingly it is now a big industry than even mining.

•   India is number one in the world in Internet based service exports.


GETTING MORE REVENUES OF YOUR WEBSITE

The above facts from BCG’s report makes it quite clear that Internet based transactions are already huge and are increasingly becoming popular. This opens a new revenue model for all businesses. If you already own a website, please focus on internet based marketing and spreading a word about your products/services.
If you do not still own a website, you are definitely much behind in the all new race, get one immediately. Consult the relevant professionals, create a website and start marketing your services / products online right now.
In case you need any help in such activities, there companies like kmitehost.com who will help you get them done with high standards and at a very nominal and affordable price.

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