What Experts In The Field Of Online Shopping Figures Uk Want You To Kn…
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Online Shopping Figures For the UK
Since its humble beginnings, the online retail market has grown steadily. This is evident especially in the UK where e-commerce accounts for 20% of retail sales.
Many consumers use online shopping to research brands before purchasing and 45% prefer to "buy online, pick up in stores". This is a fascinating shift in the way people shop that bricks-and-mortar stores should be aware of.
1. Online sales of retail in the UK
It's not a secret that retail sales online have increased substantially in the UK in recent years. According to 2023 statistics the B2C e-commerce market is expected to reach nearly $120 billion by next year. This increase is the result of the changing shopping habits of consumers and the adoption by retailers of digital transformation technologies. In the end bricks and mortar stores are losing popularity as more shoppers prefer online retailers for their purchases.
With this in mind, it's important for both pureplay and omni channel retailers to understand what drives consumers to buy online. We've put together retail sales figures and stats that are both eye opening and informative to assist you.
Fashion is the most popular retail industry in the UK with 28 percent of all e-commerce sales. This is probably due to a greater variety of items available and the convenience of being capable of trying on clothes without having to leave your home. Electronics is the second most popular with 16% of online sales. This is probably due to the constant demand for new technology and the desire to stay up-to-date with the latest technologies. Online sales of leisure and hobbies products account for 15% of all ecommerce sales.
When asked about the reason they shop online, 57% said it was because of convenience. This is followed by 48% who cited price comparison, and 37% who said they were looking for special offers or discounts. These findings indicate that UK shoppers are less driven by price than their European counterparts and are more focused upon convenience and a wide range.
2. Online shopping in the UK
Shopping online is now a part of the daily routine for many UK customers. About half of UK residents aged 65 or older have made a purchase on the internet within the last year. With a wide variety of payment options customers can also decide how and when they want their purchases to be delivered.
Price, convenience and accessibility are among the top reasons consumers shop online. In fact, Vimeo.Com 57% of shoppers cite convenience as their main reason to shop online. Additionally, 48% of them cited lower prices as an additional benefit and 37% noted a wider range of options as well.
UK consumers are also becoming more eco conscious with regards to their shopping online. For instance 79 percent of UK online shoppers say they recycle boxes and other packaging materials that they use in their purchases. They could be able to take action if they find that their purchases are not packaged in an eco ecologically friendly way.
Certain consumers are looking to make their shopping experience more personal. They are not only trying to reduce their environmental impact but also to reduce their carbon footprint. For example, 35% of UK customers have purchased clothes, footwear, or accessories from a retailer with their measurements on file. This allows them to avoid the return process, and get what they need faster.
It is interesting to note that UK shoppers have been reported to be more eager than ever before to wait for online orders. This could be due to the fact that British customers are more used to the longer delivery time and are aware of how long it takes to receive an item via the mail.
3. Online shopping in the UK according to age group
Shopping online in the UK is a favorite pastime for a large number of people. The most sought-after purchases are clothes and accessories followed by food items, and finally media such as music and movies. Shopping online is very popular in the UK particularly during the annual Black Friday sales and Christmas sales. These sales are extremely convenient for consumers. Online comparisons of products and prices are also feasible when making these purchases.
It is important to note that online shoppers are diverse. This is why it is crucial for e-commerce businesses to understand the demographics their customers are looking for when it comes to purchasing products. In addition to this it is important to be aware of how much time each age group is spending shopping online. The younger generation, for example is more likely to use mobile devices to shop than any other age group. This is because this age group is constrained in time and will utilize multiple devices to accomplish online tasks.
The older generation however tend to have more conservative purchasing habits and are less affected by the online ads. They also prefer to visit shops in the high street to feel and touch products before making a purchase. But this doesn't mean they don't shop online because the convenience and stress-free nature of online shopping remains extremely appealing to them.
A second interesting factor to be considered when shopping online is that older generations are more likely than younger generations to anticipate and demand free shipping on all of their purchases. Additionally, they tend to drop their shopping carts if they think that shipping costs are excessive. Furthermore 61% of people over 55 say that they will add more items to their carts to get to the free delivery threshold.
4. Online shopping in the UK depending on gender
In the UK both genders are equally likely to shop online. However, women are more likely to make large purchases, like electrical appliances or furniture, than men. Both groups are also more likely to purchase fashion cosmetics, health and beauty products as well as home and multi-use mini b usb 2.0 cable garden and consumer electronics.
In addition, UK consumers are increasingly looking for businesses that are environmentally-friendly and community-based. Studies have found that 70% of shoppers are influenced by how a company responded to the COVID-19 pandemic with 69% of them seeking out brands that are supportive of and work closely with their local communities.
The most sought-after online shopping items in the UK are clothing and shoes. In fact 62 percent of British women who shop online purchased these items by 2020. However online sales aren't limited to clothing and there are a myriad of other products available like kitchenware, jewellery and sports items.
In the process, online shopping is becoming increasingly popular as a way to find the most affordable prices on these products. In fact, some experts predict that online sales will account for almost 1/3 of all retail sales by 2024.
While some retailers struggle to cope with the increase in online shopping, other are flourishing. In particular, online sales are booming for health, fashion and beauty as well as gardening and home and consumer electronic.
The trend of purchasing these products online is expected to continue increase in the years ahead. With the number of people having access to the internet continuing to increase It is expected that more and increasing numbers of people will be turning to online shopping in the future. With the growing popularity of this method of shopping, it is crucial for retailers to ensure that their websites are optimized for mobile devices and that they offer an easy and secure checkout process.
5. Online shopping in the UK by region
The UK is a top European ecommerce market. When shopping online the British consumers are influenced by price, convenience, and the variety of items. These factors make it a perfect opportunity for retailers to improve their online presence and offer a seamless online shopping experience.
During the COVID-19 Pandemic, online sales grew dramatically because consumers were looking for safe and convenient options for shopping. This trend has continued following the pandemic as consumers continue to embrace shopping online as an alternative.
Shopping online is a significant aspect of UK retail and certain estimates suggest that it could account for one-third of sales by 2024. This is because of the increasing use of e-commerce by consumers as well as technological advancements.
57 percent of UK online shoppers say that convenience is the primary reason for them to shop online. This is followed closely by 48% who say that it is easier to discover special deals and offers, and 37% of shoppers say there is a wider range of merchandise available online. This contrasts with Europe, where a greater proportion of shoppers stated lower prices as the key driver for their purchase online.
Consumers are also willing to try new brands and products when they shop online. Almost a quarter of online shoppers have bought items they have never bought on the high-street previously, and a majority are willing to test new products when they shop on an online marketplace like Amazon. Buy now pay later checkouts are a common choice for UK shoppers, with 29 percent of online shoppers choosing the buy now pay later option over the last year.
A strong online return policy for the UK is also a key aspect of e-commerce. The majority of shoppers (59%) will look up the return policy of a retailer prior to buying, and nearly half will expect the retailer to be responsible for both organizing and paying for return shipping.
Since its humble beginnings, the online retail market has grown steadily. This is evident especially in the UK where e-commerce accounts for 20% of retail sales.
Many consumers use online shopping to research brands before purchasing and 45% prefer to "buy online, pick up in stores". This is a fascinating shift in the way people shop that bricks-and-mortar stores should be aware of.
1. Online sales of retail in the UK
It's not a secret that retail sales online have increased substantially in the UK in recent years. According to 2023 statistics the B2C e-commerce market is expected to reach nearly $120 billion by next year. This increase is the result of the changing shopping habits of consumers and the adoption by retailers of digital transformation technologies. In the end bricks and mortar stores are losing popularity as more shoppers prefer online retailers for their purchases.
With this in mind, it's important for both pureplay and omni channel retailers to understand what drives consumers to buy online. We've put together retail sales figures and stats that are both eye opening and informative to assist you.
Fashion is the most popular retail industry in the UK with 28 percent of all e-commerce sales. This is probably due to a greater variety of items available and the convenience of being capable of trying on clothes without having to leave your home. Electronics is the second most popular with 16% of online sales. This is probably due to the constant demand for new technology and the desire to stay up-to-date with the latest technologies. Online sales of leisure and hobbies products account for 15% of all ecommerce sales.
When asked about the reason they shop online, 57% said it was because of convenience. This is followed by 48% who cited price comparison, and 37% who said they were looking for special offers or discounts. These findings indicate that UK shoppers are less driven by price than their European counterparts and are more focused upon convenience and a wide range.
2. Online shopping in the UK
Shopping online is now a part of the daily routine for many UK customers. About half of UK residents aged 65 or older have made a purchase on the internet within the last year. With a wide variety of payment options customers can also decide how and when they want their purchases to be delivered.
Price, convenience and accessibility are among the top reasons consumers shop online. In fact, Vimeo.Com 57% of shoppers cite convenience as their main reason to shop online. Additionally, 48% of them cited lower prices as an additional benefit and 37% noted a wider range of options as well.
UK consumers are also becoming more eco conscious with regards to their shopping online. For instance 79 percent of UK online shoppers say they recycle boxes and other packaging materials that they use in their purchases. They could be able to take action if they find that their purchases are not packaged in an eco ecologically friendly way.
Certain consumers are looking to make their shopping experience more personal. They are not only trying to reduce their environmental impact but also to reduce their carbon footprint. For example, 35% of UK customers have purchased clothes, footwear, or accessories from a retailer with their measurements on file. This allows them to avoid the return process, and get what they need faster.
It is interesting to note that UK shoppers have been reported to be more eager than ever before to wait for online orders. This could be due to the fact that British customers are more used to the longer delivery time and are aware of how long it takes to receive an item via the mail.
3. Online shopping in the UK according to age group
Shopping online in the UK is a favorite pastime for a large number of people. The most sought-after purchases are clothes and accessories followed by food items, and finally media such as music and movies. Shopping online is very popular in the UK particularly during the annual Black Friday sales and Christmas sales. These sales are extremely convenient for consumers. Online comparisons of products and prices are also feasible when making these purchases.
It is important to note that online shoppers are diverse. This is why it is crucial for e-commerce businesses to understand the demographics their customers are looking for when it comes to purchasing products. In addition to this it is important to be aware of how much time each age group is spending shopping online. The younger generation, for example is more likely to use mobile devices to shop than any other age group. This is because this age group is constrained in time and will utilize multiple devices to accomplish online tasks.
The older generation however tend to have more conservative purchasing habits and are less affected by the online ads. They also prefer to visit shops in the high street to feel and touch products before making a purchase. But this doesn't mean they don't shop online because the convenience and stress-free nature of online shopping remains extremely appealing to them.
A second interesting factor to be considered when shopping online is that older generations are more likely than younger generations to anticipate and demand free shipping on all of their purchases. Additionally, they tend to drop their shopping carts if they think that shipping costs are excessive. Furthermore 61% of people over 55 say that they will add more items to their carts to get to the free delivery threshold.
4. Online shopping in the UK depending on gender
In the UK both genders are equally likely to shop online. However, women are more likely to make large purchases, like electrical appliances or furniture, than men. Both groups are also more likely to purchase fashion cosmetics, health and beauty products as well as home and multi-use mini b usb 2.0 cable garden and consumer electronics.
In addition, UK consumers are increasingly looking for businesses that are environmentally-friendly and community-based. Studies have found that 70% of shoppers are influenced by how a company responded to the COVID-19 pandemic with 69% of them seeking out brands that are supportive of and work closely with their local communities.
The most sought-after online shopping items in the UK are clothing and shoes. In fact 62 percent of British women who shop online purchased these items by 2020. However online sales aren't limited to clothing and there are a myriad of other products available like kitchenware, jewellery and sports items.
In the process, online shopping is becoming increasingly popular as a way to find the most affordable prices on these products. In fact, some experts predict that online sales will account for almost 1/3 of all retail sales by 2024.
While some retailers struggle to cope with the increase in online shopping, other are flourishing. In particular, online sales are booming for health, fashion and beauty as well as gardening and home and consumer electronic.
The trend of purchasing these products online is expected to continue increase in the years ahead. With the number of people having access to the internet continuing to increase It is expected that more and increasing numbers of people will be turning to online shopping in the future. With the growing popularity of this method of shopping, it is crucial for retailers to ensure that their websites are optimized for mobile devices and that they offer an easy and secure checkout process.
5. Online shopping in the UK by region
The UK is a top European ecommerce market. When shopping online the British consumers are influenced by price, convenience, and the variety of items. These factors make it a perfect opportunity for retailers to improve their online presence and offer a seamless online shopping experience.
During the COVID-19 Pandemic, online sales grew dramatically because consumers were looking for safe and convenient options for shopping. This trend has continued following the pandemic as consumers continue to embrace shopping online as an alternative.
Shopping online is a significant aspect of UK retail and certain estimates suggest that it could account for one-third of sales by 2024. This is because of the increasing use of e-commerce by consumers as well as technological advancements.
57 percent of UK online shoppers say that convenience is the primary reason for them to shop online. This is followed closely by 48% who say that it is easier to discover special deals and offers, and 37% of shoppers say there is a wider range of merchandise available online. This contrasts with Europe, where a greater proportion of shoppers stated lower prices as the key driver for their purchase online.
Consumers are also willing to try new brands and products when they shop online. Almost a quarter of online shoppers have bought items they have never bought on the high-street previously, and a majority are willing to test new products when they shop on an online marketplace like Amazon. Buy now pay later checkouts are a common choice for UK shoppers, with 29 percent of online shoppers choosing the buy now pay later option over the last year.
A strong online return policy for the UK is also a key aspect of e-commerce. The majority of shoppers (59%) will look up the return policy of a retailer prior to buying, and nearly half will expect the retailer to be responsible for both organizing and paying for return shipping.
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