10 Online Shopping Figures Uk That Are Unexpected
Online Shopping Figures For the UK
The market for biker pw-42 Watch online retailers has grown continuously since its humble beginnings. This is especially evident in the UK where e-commerce is responsible for 20% of retail sales.
Many people shop online to research brands prior to purchasing and 45% of them prefer to "buy online, then pick up in stores". This is an interesting shift in consumer behaviour that bricks-and-mortar stores should be aware of.
1. Online retail sales in the UK
There's no denying that sales on retail websites have increased substantially in the UK over recent years. According to 2023 statistics the B2C online market is predicted to grow to $120 billion in the next year. This increase is the result of the changing shopping habits of consumers and the widespread adoption by retailers of digital transformation technologies. Brick and mortar shops are losing popularity as consumers increasingly shop online.
With this in mind, it's crucial for both pureplay and omni channel retailers to understand what drives customers to purchase online. To help you understand this, we've put together an assortment of retail sales figures and other statistics that are both eye-opening as well as informative.
Fashion is the most sought-after retail sector in the UK accounting for 28 percent of all ecommerce sales. This is likely due to the availability of a wider range of merchandise and the ease of trying on clothes without leaving your home. Electronics is the second most popular item, accounting for 16% of e-commerce sales. This is likely because of the constant need for new gadgets as well as the desire to keep up with the latest technology. Online sales of leisure and hobby products account for 15% of all ecommerce sales.
When asked about the reason they shop online, 57% cited convenience. This is followed by 48% who cited price comparison, and 37% who stated they were seeking special discounts or offers. These results indicate that UK shoppers are less price-driven than their European counterparts and are more focused upon convenience and a wide product variety.
2. Online shopping in the UK
Online shopping is becoming a regular part of the lives of many UK customers. Be it for groceries, electronics or clothes - nearly half of UK residents over 65 have made an online purchase within the last year. Shoppers can pick from a range of payment options and Tork Ewz Series also decide when and how they want their products delivered.
There are many motives for online shoppers to shop, some of the most popular include convenience price, availability, and price. In fact, 57% cite convenience as the primary reason for shopping online. Additionally, 48% of them cited lower prices as a benefit, while 37% mentioned the availability of more options as well.
The habits of online shopping among UK customers are also becoming increasingly eco-conscious. 79 percent 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 eco ecologically friendly way.
In addition to decreasing their environmental impact, some customers are also seeking to make their shopping experiences more personal. For example 35 percent of UK shoppers have bought clothes, footwear, or accessories from a retailer with their measurements on file. This allows them to bypass the return process and obtain what they want faster.
Incredibly, UK customers are reported to be more likely to wait for their online orders than they were during the pandemic. This could be due to the fact that they are more 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
Online shopping in the UK is a favorite pastime for a large number 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 very popular in the UK during the annual Black Friday and Christmas sales. This is due to the fact that customers find these sales to be extremely convenient. It is also simple to compare prices and products online when making these kinds of purchases.
It is important to note that online shoppers are diverse. This makes it crucial for ecommerce companies to know what their customers are looking for when it comes to purchasing products. It is also crucial to know how long each group of shoppers 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 make use of multiple devices to accomplish online tasks.
The older generation on the other hand tend to have more shrewd purchasing habits and are less swayed by the online ads. They also prefer to visit high-street stores to feel and touch products before making a purchase. However, this doesn't mean that they don't shop online due to the convenience and ease of use of online shopping remains attractive to them.
Another interesting aspect 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. In addition they are more likely to abandon their carts when they believe that shipping costs are too high. In addition, 61% of those over 55 say that they will add more items to their cart to reach the free delivery threshold.
4. Online shopping in the UK by gender
Women and men in the UK are equally likely to shop for products online. However women are more likely to make big purchases, like furniture or electrical appliances, than men. Both groups are also more likely to shop for fashion, health and beauty as well as home and garden and Vimeo.Com consumer electronics products.
In addition, UK consumers are increasingly looking for businesses that are environmentally-friendly and community-based. According to research 70% of consumers were influenced by the response of retailers to the COVID-19 epidemic. 69% of these consumers were looking for brands that backed and worked closely with their local communities.
Clothing and shoes are the most sought-after items to buy online in the UK. In fact, 62 percent of female British online shoppers bought these items in 2020. Online sales aren't just only limited to clothing. Other items like kitchenware, jewellery and sports items are also available.
Shopping online has become more popular for finding the best deals. In fact, some experts predict that ecommerce sales will account for almost one third of all retail sales by 2024.
While some retailers struggle to deal with the rise in online shopping, other are flourishing. Online sales are increasing in health and wellness, home and garden, and consumer electronic.
In the future, online shopping for these products is expected to increase. As the number of internet users is growing, it is expected that online shopping will be more popular in the future. With the increasing popularity of this method of shopping, it is important for retailers to ensure their websites are optimized for mobile devices and offer an easy and secure checkout process.
5. Online shopping in the UK, by region
The UK is one of the top European ecommerce markets. The customers are influenced by the ease of shopping, the price and a variety of goods when they shop online. These factors make it an ideal location for retailers to invest in their online presence and offer an easy online shopping experience.
During the COVID-19 pandemic, online sales increased dramatically because consumers were looking for secure and convenient alternatives to in-store purchases. This trend has continued after the pandemic as consumers continue to shop online as an alternative.
Online shopping is a major portion of the UK retail market, with some estimates suggesting that it will comprise a third of all retail sales in 2024. This is because of the growing acceptance of ecommerce by consumers and technological advancements.
In the UK, 57% of online shoppers say convenience is the primary reason for them to shop online. This is closely followed by 48% who highlight that it is easier to find special offers and deals and 37% who say there's a wider selection of products available online. This is in contrast to Europe where a larger percentage of shoppers said that lower prices were the primary reason for their decision to shop 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 eager to try new products when they shop on an online marketplace like Amazon. UK shoppers are fond of the buy now and pay later checkouts. 29 percent of online shoppers have made use of this option in the last year.
A solid return policy for online purchases for the UK is also a crucial aspect of ecommerce. The majority of online shoppers (59 percent) go through a retailer's return policy before buying, and more than half of them expect the seller to arrange and pay for return shipping.
