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Online Shopping Figures For the UK
The online shopping figures uk, rlu.ru`s blog, retail market has grown continuously since its humble beginnings. This is especially evident in the UK where e-commerce accounts for 20% of all retail sales.
Many people shop online to research brands before making a purchase 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 pay attention to.
1. Online sales of retail in the UK
There's no denying that retail sales online have increased significantly in the UK in recent years. In fact, according to 2023 statistics the B2C market for e-commerce is expected to reach nearly $120 billion by the year 2023. This growth is driven by changing consumer shopping habits and the use of digital transformation technologies by retailers. As a result bricks and mortar shops are seeing a decline in popularity as more customers are turning to online retailers for their purchases.
With this in mind, it's important for both pureplay and omni channel retailers to understand what drives customers to purchase online. To help you do this, we've compiled a collection of retail sales figures and other statistics that are both eye-opening as well as revealing.
Fashion is the most sought-after retail sector in the UK accounting for 28 percent of all online sales. This is likely due to a greater variety of merchandise accessible and the convenience of being in a position to try on clothes without having to leave home. Electronics is the second most popular with 16% of all e-commerce sales. This is due to the constant need for new technology as well as the desire to stay current with the most recent technology. Hobbies and leisure items are also a favorite purchase online shop, accounting for 15% of all online sales.
When asked what drives consumers to shop online 57% of UK customers cited convenience as the main reason. Then, 48% cited price comparison while 37% said they were looking for discounts or special deals. These results indicate that UK consumers are less influenced by price than their European counterparts and are more focused upon convenience and a wide product selection.
2. Online shopping in the UK
Shopping online is becoming part of daily life for many UK consumers. More than half of UK residents aged 65 and older have made a purchase on the internet in the past year. Shoppers can choose from a range of payment options and choose the time and method they'd like their products delivered.
Convenience, price and availability are among the top reasons shoppers shop online. In fact 57% of shoppers who shop online cite convenience as the main motive behind their shopping. Then, 48% cited lower prices as an additional benefit and 37% noted the availability of more options as well.
The habits of online shopping among UK customers are also becoming increasingly eco-conscious. For example, 79% of UK online shoppers report recycling boxes and other packaging materials that they use in their purchases. They may even take action if they think their purchases aren't being packaged in environmentally friendly ways.
Some customers are looking to make their online shopping experience more personal. They are not just trying to reduce their environmental impact, but also to reduce their carbon footprint. For instance, 35 percent of UK shoppers have bought clothing or [empty] footwear from a retailer that has their size information stored on file. This lets them skip the return process and get what they want quicker.
It is interesting to know that UK consumers are reported to be more willing than ever to wait for online orders. This could be due to the fact that UK consumers are more accustomed to the longer delivery time and are aware of the length of time it takes to receive an item through the mail.
3. Online shopping in the UK according to the age group
Shopping online in the UK is a favorite pastime for a lot of people. The most popular purchases are clothes and accessories, followed by groceries, and finally 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 simple to compare prices and items online when making these kinds of purchases.
It is crucial to understand that online shoppers are a diverse group. This makes it vital for e-commerce businesses to know what their target audience is seeking when they purchase products. It is also important to know how long each group of shoppers spends online. For instance the younger generation is far more likely to purchase on mobile devices than any other age group. This is because this age group is time-poor and will use multiple devices to complete online tasks.
The older generations are more cautious in their buying habits and less influenced by online advertisements. They also prefer to visit shops in the high street to touch and feel products before making a final decision. This doesn't mean that they won't buy online. The convenience and ease of shopping online are still appealing.
Another important aspect to take into consideration when it comes to online shopping is that the older generations are more likely to expect and demand free delivery on all of their purchases. Additionally, they are more likely to abandon their shopping carts if they think that shipping costs are prohibitive. Moreover 61% of people over 55 say that they will add more items to their shopping carts in order in order to reach the free delivery threshold.
4. Online shopping in the UK in accordance with gender
Men and women in the UK are equally likely to purchase goods on the internet. Women are more likely than men to make big purchases, such as electrical and furniture. Both groups tend to spend more on clothing household and garden products as well as consumer electronics and products for beauty and health.
In addition, cheap online electronics shopping uk UK consumers are increasingly looking for businesses that are environmentally-friendly and community-based. According to studies 70% of consumers were influenced by the response of retailers to the COVID-19 crisis. 69% of consumers were looking for brands that backed and collaborated with their local communities.
The most sought-after online shopping products in the UK are shoes and clothing. In fact 62% of British women who shop online purchased these items by the year 2020. Online sales aren't limited to clothing. Other items such as jewellery, kitchenware and sports equipment are also available.
In the process, online shopping is becoming more popular as a way to find the most affordable prices on these items. In fact, some experts predict that online sales will account for nearly one third of all retail sales in 2024.
While some retailers struggle to cope with the increase in online shopping, others are flourishing. Online sales are increasing in fashion, health and wellness gardening, home and garden and consumer electronic.
In the future the future, online shopping for these items is expected to increase. With the number of people having access to the internet growing, it is anticipated that more people will turn to online shopping in the coming years. With the increasing popularity of this method of shopping, it is essential for retailers to make sure their sites are optimized for mobile devices and that they provide a simple and secure checkout process.
5. Online shopping in the UK by region
The UK is a top European online marketplace. The customers are influenced by the convenience, affordability and variety of goods when they shop online. These factors make it a great location for retailers to improve their online presence and provide an easy online shopping experience.
In the COVID-19 pandemic, online sales grew dramatically as people sought out safe and convenient alternatives to shopping. This trend has continued following the pandemic as consumers continue to shop online as an alternative.
Shopping online is a large component of the UK retail economy There are estimates that it will comprise three-quarters of all retail sales by 2024. This is because of the growing acceptance of ecommerce by consumers and technological advances.
57% of UK online shoppers claim that convenience is the primary reason they shop online. The 48% who say it's easier to find deals and special offers and the 37% who say there is a greater range of items available jolie papier online shop uk amazon are behind. This is in contrast to Europe, where a greater percentage of consumers said that lower prices were the key driver for their choice to shop online.
Consumers are also willing to try new brands and products when they shop online. Online consumers are open to trying new brands and products. Half of consumers are willing to try new brands when they shop on marketplaces like Amazon. Buy now pay later checkouts are a favorite option for UK shoppers, with 29% of online shoppers using the buy now pay later option over the last year.
A robust return policy on the internet for the UK is also an important aspect of ecommerce. The majority of online shoppers (59 percent) will research a retailer's returns policy before purchasing, and more than half will expect a retailer to be responsible for both organizing and paying for return shipping.
