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online shopping figures uk (www.worryfreecomputers.com) Shopping Figures For the UK
The market for online retailers has grown exponentially since its humble beginnings. This is particularly evident in the UK where ecommerce accounts for 20% of retail sales.
Shopping online is a popular way for consumers to research brands and make purchases. 45percent of them prefer to "buy online and pick up in-store". This is a shift in the way people shop that brick-and-mortar shops must be aware of.
1. Online retail sales in the UK
There's no denying that retail sales online have increased dramatically in the UK in recent years. In fact, according to data from 2023 the B2C e-commerce market is expected to grow to nearly $120 billion by next year. This growth is driven by changing consumer shopping habits and the adoption of digital transformation technologies by retailers. As a result, bricks and mortar stores are losing popularity as more consumers prefer online retailers to make their purchases.
With this in mind, it's important for both omni channel and pureplay retailers to know what motivates customers to purchase online. We've put together statistics and figures on retail sales that are both eye-opening and revealing to help you.
Of all the sectors of retail, fashion is the most sought-after and accounts for 28 percent of all sales on e-commerce in the UK. This is likely due to a greater variety of merchandise accessible and the convenience of being able to try on clothes without leaving home. Electronics is second with 16% of online sales. This is probably due to the constant demand for new gadgets and the need to stay up-to-date with latest technology. Online sales of hobbies and leisure products make up 15% of all ecommerce sales.
When asked why they shop online, 57% of respondents mentioned convenience. This is followed by 48% who mentioned price comparison, and 37% who said 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 on convenience and a wide product variety.
2. Online shopping in the UK
Shopping online is becoming part of the daily routine for many UK customers. Whether it's to buy electronics, groceries, Where to Buy Electronics Online or fashion - almost half of UK residents over 65 have made a purchase online in 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.
Convenience, price and availability are among the top reasons consumers shop online. In fact 57% of shoppers who shop online say that convenience is the primary driver behind their shopping habits. Additionally, 48% pointed to lower prices while 37% said they have a wider variety of options.
The habits of online shopping among UK customers are also becoming more environmentally conscious. 79% of UK shoppers recycle boxes and other packaging materials from their online purchases. They may even take action if they think their purchases aren't being delivered in environmentally friendly packaging.
Some consumers want to make their online shopping experience more personal. They are not only trying to reduce their environmental impact but also reduce their carbon footprint. For instance, 35% of UK customers have bought clothing, footwear, and accessories from a retailer that has their size information saved. This allows them to skip the return process and to purchase what they want faster.
Incredibly, UK consumers are reported to be more likely to wait for 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 how long it takes for an item to arrive in the mail.
3. Online shopping in the UK depending on age group
Online shopping is very popular in the UK. The most popular items to purchase 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. These sales are extremely convenient for consumers. Comparisons of prices and products are also feasible when making these purchases.
It is important to note that online shoppers are very diverse, which makes it crucial for ecommerce companies to know what their target market is looking for when it comes to purchasing products. Additionally, it is also important to be aware of the amount of time each age group spends shopping online. For instance, the younger generation is more likely to purchase on mobile devices than any other age group. This is because this age group is constrained in time and will utilize multiple devices to complete online tasks.
Older generations tend to be more conservative in their purchasing habits and less influenced by online advertising. They also prefer to visit high-end stores to experience products before making a decision. This does not mean they won't buy online. The convenience and ease of online shopping remain very appealing.
A second interesting factor to take into consideration when shopping online is that older generations are more likely than younger generations to expect and expect free shipping on all their purchases. In addition they tend to drop their carts when they believe that shipping costs are prohibitive. Furthermore, as many as 61% of over 55s say that they will add more items to their shopping carts in order to reach a free delivery threshold.
4. Online shopping in the UK according to gender
In the UK both genders are equally likely to shop online. Women are more likely than men to make big purchases, such as electrical appliances and furniture. Both groups are more likely to buy fashion 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 community-based. According to studies 70% of shoppers were affected by the response of retailers to the COVID-19 outbreak. 69% of those customers looked for brands that supported and collaborated with their local communities.
Clothing and shoes are the most sought-after items for online shopping in the UK. In fact, 62 percent of British women who shop online will purchase these items by the year 2020. Online sales are not only limited to clothing. Other products such as kitchenware, jewelry, and sports goods are also available.
Shopping online is becoming increasingly popular to find the most affordable deals. Some analysts estimate that by 2024 online sales could make up more than a third of all retail sales.
While some retailers struggle to cope with the increase in online shopping, others are thriving. Online sales are increasing in fashion, health and wellness as well as home and garden and consumer electronic.
The trend of buying these items online is expected to continue expand in the years ahead. With the number of people with access to the internet continuing to increase It is expected that more and more people will turn to online shopping in the future. As online shopping grows more popular, merchants should ensure that their websites are optimized for mobile devices. They should also offer an easy and secure checkout process.
5. Online shopping in the UK, by region
The UK is among the leading European eCommerce markets. When they shop online the customers of the UK are influenced by convenience, price, and the wide variety of products. These factors make it a perfect place for retailers to improve their online presence and provide a seamless online shopping experience.
During the COVID-19 Pandemic, online sales increased dramatically because consumers were looking for safe and convenient options for shopping. This trend has continued even after the pandemic as consumers continue to embrace shopping online as an alternative.
Online shopping is an important part of UK retail and some estimates suggest that it will account for a third of retail sales by 2024. This increase is the result of the increasing adoption of ecommerce by consumers and technological advancements.
In the UK, 57% of shoppers who shop online cite convenience as the main reason they shop online. The 48% who say it's easier to find deals and special offers as well as the 37% who say there is a greater range of merchandise available online are behind. In Europe more than half of shoppers mention lower prices as a major factor in their decision to buy online.
Online shoppers are also willing to try new products and brands. About a quarter of online shoppers have bought products they have never bought in a store before, and half are eager to try new products when they shop on a marketplace like Amazon. UK shoppers are in love with the buy now and pay later checkouts. 29 percent of buyers who shop online have used this option in the past year.
Additionally, a robust online return policy is a crucial aspect of the ecommerce environment in the UK. The majority of online shoppers (59%) will check the returns policy of a retailer prior buying online from uk to ireland, [empty] and nearly half will expect the seller to be responsible for the return and payment shipping.
