All of the statistics released show good news for the online auction giant, with a 20% rise in profits for the first 3 months of 2011 (compared to 2010) being the ‘Pièce de résistance’. Their profits grew from $398million to $476million, whilst overall revenue jumped an impressive 16% taking it to $2.55billion.

A large part of these impressive gains has been put down to the success of its pay pal division. Paypal accounts also increased 16% on last year, whilst sales volumes – excluding vehicles – grew 8% taking it to a huge $14.5billion.

So, whilst the high street is suffering, this is more evidence of the strength of ecommerce and the huge part it plays in the economy, making money that you may well be missing out on.

If  taking your company online with its own website is something that interests you then please call the Web Design Nottingham team on 01623 650333 for a friendly chat.

We build websites most days, we do alot of eCommerce in Nottingham and have recently started developing our own plug ins for the sites and platforms we use. It has shocked me just how much certain industries are missing out on. There are so many amazing add ons for Cubecart that make the users experience so much better.

Keep your eyes peeled on the dijitul blog for the launch of this sexy, grungy, urban looking online shop, its gonna make a huge impact on the extreme sports world

This is one that we are all very excited about…..