Small Businesses to Spend $70 Billion Online by 2012

The internet is becoming an important part of many small businesses. Whether you want to get some relatively cheap advertising for products like a fire table, books, or digital cameras, you can usually find a way to do it cheaper online. So it is no surprise that over the course of the next 5 years online spending is going to increase substantially. Not only are the advertising budgets going to go up, but many other reasons for using the internet for your small business is becoming important.

As the number of small businesses continues to grow over the next five years, they will be spending more money online, new research shows.

In a new report, "U.S. Online Small Business Market Category Forecast, 2007 to 2012," New York-based JupiterResearch projects that total online spending by small businesses will exceed $70 billion by 2012, up from $47 billion in 2006. more