Mint

Online retail to boost revenues of consumer goods firms: UBS report

Online retail to boost revenues of consumer goods firms: UBS report

  • April 17, 2015
  • min read

Mint

Online retail to boost revenues of consumer goods firms: UBS report

The Internet will influence a third of total sales in the consumer packaged goods sector in the next five years, said a study by Bain & Company and Google, which estimated that the Internet will impact $35 billion worth of the sector’s sales as more users go online to research personal and home-care products.