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Online Shopping Figures For the UK
Since its humble beginnings the market for online shopping has continued to grow. This is particularly evident in the UK where e-commerce is responsible for 20% of all retail sales.
Shopping online is a popular way for consumers to look up brands and make purchases. About 45% of consumers prefer to "buy online and pick up in-store". This is an interesting change in consumer behaviour that bricks-and-mortar stores should be aware of.
1. Online retail sales in the UK
It's not a secret that retail sales online have grown significantly in the UK in recent years. According to 2023 statistics the B2C market for e-commerce is expected to reach nearly $120 billion by next year. This growth is fueled by the changing habits of consumers and the use of digital transformation technologies by retailers. In the end bricks and mortar shops are experiencing a decline in popularity as more consumers turn to online retailers for their purchases.
With this in mind, it's important for both omni channel and pureplay retailers to know what motivates consumers to buy online. We've compiled statistics and figures on retail sales that are both eye opening and revealing to help you.
Fashion is the most popular retail sector in the UK accounting for 28 percent of all online sales. This is likely due to a greater variety of products that are available and the convenience of being capable of trying on clothes without leaving the comfort of your home. Electronics is the second most popular with 16% of e-commerce sales. This is probably due to the constant demand for new technology as well as the desire to stay up-to-date with the latest technology. Online sales of hobbies and leisure products make up 15% of all online sales.
When asked about the factors that drive shoppers to shop online, 57 percent of UK customers cited convenience as the primary reason. This is followed by 48% who pointed to price comparison and 37% said they were looking for special offers or discounts. These results suggest that consumers in the UK are less price driven than their European counterparts, and are more focused on convenience and a broad product range.
2. Online shopping in the UK
Shopping online is becoming part of daily life for many UK customers. About half of UK people aged 65 and older have made an online purchase within the last year. With a wide variety of payment options available customers can also decide the time and date they would like their purchases to be delivered.
Accessibility, convenience, and price are among the top reasons customers shop online. In fact, 57% of people cite convenience as their main reason for purchasing online. In addition, 48% mentioned lower prices as an additional benefit and 37% noted a wider range of options.
UK consumers are also becoming more environmentally conscious with regards to their online shopping habits. 79% of UK shoppers recycle boxes and other packaging material from their online purchases. They could take action if their orders are not packaged in an environmentally green manner.
In addition to lessening their impact on the environment, some consumers are also trying to make their shopping experience more personal. For example 35 percent of UK shoppers have bought clothes, footwear, or accessories from a store that has their size information on the file. This allows them to bypass the return process and get what they want faster.
It is interesting to note that UK customers are reported to be more willing to wait for their online orders than they were during the pandemic. This may be because they are used to the slow delivery times and are more aware of the time it takes for the item to be delivered via the mail.
3. Online shopping in the UK in accordance with the age group
Shopping online in the UK is a favorite pastime for many people. The most sought-after purchases are clothes and accessories, followed by groceries and then media such as music and movies. Online shopping is also popular in the UK during the annual Black Friday and Christmas sales. This is because consumers find these events very convenient. It is also easy to compare prices and items online when making these kinds of purchases.
It is important to note that online shoppers are very diverse, which makes it crucial for ecommerce companies to know the demographics their customers are looking for when purchasing products. It is also essential to know how much time each segment of customers spends online. The younger generation, for instance is more likely to use mobile devices to shop than other groups. This is because the younger generation is less time-conscious, and will use several devices to complete online tasks.
The older generation tends to be more cautious in their buying habits and less influenced by online advertisements. They also tend to go to stores in the high street to look at and feel products prior to making an purchase. This doesn't mean that they won't buy online. The convenience and ease of online shopping remain very appealing.
A second interesting factor to consider when shopping online is that older people are more likely than younger generations to anticipate and demand free shipping on all their purchases. They are also more likely to abandon carts when shipping costs appear excessive. In addition 61% of people over 55 say they'll add more items to their carts to reach the free delivery threshold.
4. Online shopping in the UK by gender
Women and men in the UK are equally likely to purchase goods on the internet. However women are more likely to make big purchases, like furniture or electrical appliances, than men. Both groups are more likely to buy clothing household and garden products as well as consumer electronics and products for beauty and health.
In addition, UK consumers are increasingly looking for businesses that are environmentally-friendly and online Shopping figures Uk community-based. Studies have revealed that 70% of shoppers are influenced by the way a retailer responded to the COVID-19 epidemic, with 69% of them searching for brands that support and work closely with their local communities.
The most sought-after online shopping products in the UK are footwear and clothing. In fact, 62 percent of British women who shop online purchased these items by 2020. Online sales aren't just limited to clothing. Other items such as kitchenware, jewelry, and sports items are also available.
In the process, online shopping is becoming increasingly popular as a way to get the best deals on these items. In fact, some experts predict that ecommerce sales will account for almost one-third of all retail sales in 2024.
Some retailers are struggling with the growth of online shopping, while others are flourishing. Particularly the rise of online sales for fashion, health and beauty as well as gardening and home, and consumer electronic.
The trend of buying these items online is likely to continue to grow in the years ahead. As the number of internet users increases, it is expected that online shopping will increase in popularity in the future. As online shopping grows more popular, merchants must ensure that their websites are optimized for mobile devices. They should also provide a simple and secure checkout process.
5. Online shopping in the UK by region
The UK is a major European online marketplace. Its consumers are influenced by the ease of shopping, the price and a wide range of products when they shop online. These factors make it an ideal location for retailers to build their online presence and offer a seamless online shopping figures Uk shopping experience.
During the COVID-19 pandemic online sites for shopping in uk sales grew dramatically because consumers were looking for secure and convenient alternatives to store purchases. This trend has continued after the pandemic, as consumers continue to embrace shopping online as an alternative.
Online shopping is a significant portion of the UK retail market Some estimates suggest that it will comprise one-third of all retail sales by 2024. This growth is driven by increasing consumer adoption of ecommerce and Online Shopping figures Uk advances in technology.
57 percent of UK online shoppers claim that convenience is the main reason for them to shop online. The 48 percent who say it's easier to find bargains and special deals and the 37% who say there is a greater range of merchandise available online are behind. This is in contrast to Europe where a higher proportion of shoppers stated lower prices as the key driver for their choice to shop online.
Consumers are also open to trying new brands and products when they shop online. Nearly 25% of online shoppers have bought items they've never purchased on the high street previously, and a majority are willing to try new products when they shop on the marketplaces like Amazon. UK shoppers are fond of the buy now and pay later checkouts. 29 percent of online shoppers have made use of this method in the past year.
Additionally an effective return policy is a vital aspect of the ecommerce landscape for the UK. The majority of buyers (59%) check the return policy of a retailer prior to buying, and nearly half of them expect the seller to arrange and pay for return shipping.