Net surfers set to spend €330m on internet goods this year

IRISH net surfers will spend 330m on goods and services bought over the internet this year, experts predict.

Looking at the future of e-retailing, Amárach Consulting director Michael McLoughlin said the level of online spending is set to grow by almost one third this year growth worth about 80m to web-based retailers.

Mr McLoughlin described Irish internet usage as a retailer's dream because they represent the cream of the retail crop: young, educated, technology-literate, prosperous and geographically dispersed.