Online retail sales rise to $13 billion

March 6, 2013 12:18

Source: NAB Online Retail Sales Index

Online retail sales have grown to an estimated $13 billion per year and are now the equivalent of 5.8 per cent of the traditional retail sales.

According to the National Australia Bank online retail sales index, in the year to January 2013 online sales grew by 27 per cent year-on-year, maintaining the digital sector’s continued growth in retail. By comparison traditional retail rose by just 0.4 per cent year-on-year.

Demand for digital devices has been a key factor is driving online sales with the last quarter of 2012 seeing the release of the Apple iPad Mini and new Macbooks with retina display.

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Nic Christensen

Nic Christensen worked for Mumbrella from 2013 to 2016, in roles including deputy editor and media & technology editor. He is former media writer for The Australian and has also worked as a reporter for The Daily Telegraph and senior producer for Radio 2GB.

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