Australia's e-commerce lag

Australian retailers need to work faster in developing a meaningful online presence or risk becoming increasingly irrelevant in the global marketplace.

The Boston Consulting Group (BCG) has produced a report on the impact of the internet on the global economy which provides an insight into the extraordinary growth of internet usage and the impact of the internet economy.

It also provides some understanding of the extent to which the belated acceptance of internet retailing by Australian retailers has held back the growth of the internet economy here relative to other developed economies.

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