SMEs lose out on Black Friday

With consumers here set to spend over €100m online over Black Friday and Cyber Monday, more than two-thirds of SMEs aren’t ready to cash in on the bonanza.

According to a report by IE Domain Registry (IEDR), the company responsible for the management of Ireland’s official internet address, only 28% of SMEs can process payments on their websites, despite Ireland’s e-commerce market being worth €9bn in annual sales.

The report also found that just 32% of SMEs can take sales orders on their websites and only 35% can accept bookings or reservations online.