Which would you choose? Chocolate, sex or your broadband connection?
Luckily, it’s probably not a decision that you have to make, but for 25% of people, sex would receive its P45 rather than their broadband, compared with 65% willing to sacrifice alcohol, 76% chocolate and 78% coffee.
The results are only a few of the headline grabbing findings released this week by Boston Consulting Group as part of its latest research which examined the scale and speed of internet-driven economic growth, and its role in changing countries, cultures, and companies.
We now know that in 2010, the net contributed to 8.3% of the UK economy. That’s a bigger share than any other G20 major country. The ‘internet economy’ was also worth £121bn, or more than £2,000 per person, making the sector bigger than the healthcare, construction or education.
When it comes to retail, the UK carries out far more online than any other major economy, equating to 13.5% of all purchases through the net, and BCG expects this to rise to 23% by 2016. Most interestingly, there was also a 12% growth in SME’s who used the internet for marketing, sales and content, in comparison to a 4% growth among those who didn’t.
As Martha says: “despite very challenging times, BCG’s latest report is a cheering example of the UK taking advantage of the huge opportunities afforded by a digital economy.
Savvy British shoppers are not only benefitting from increased choice and savings, but the growth of SME’s and the creation of thousands of new businesses and jobs shows that increasingly, not being online puts organisations at a disadvantage.
It may be predicted that our web economy will double by 2016, but there are still 8.2 million people and thousands of organisations still to benefit. Britain is already a centre for technology, and it’s increasingly important that we seize the opportunity to make the UK the most digitally literate nation, with every person, and every organisation able to take advantage.”
She also added as a sideline: “although… I don’t know whether to be amazed or appalled that the UK would rather give up sex than the internet.”
So, back to the million dollar question – hand on heart, which would you choose?

