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Online Shopping Figures For the UK
The market for online retailers has grown exponentially since its inception. This is especially evident in the UK where ecommerce accounts for 20% of all retail sales.
Many shoppers use online shopping to research brands before purchasing and 45% prefer to "buy online, pick up in stores". This is a change in the way people shop that brick-and-mortar stores should be aware of.
1. Online retail sales in the UK
It's hard to deny that sales of online retail in the UK have risen significantly in the last few years. According to data from 2023, the B2C market for online shopping is expected to reach almost $120 billion by the end of the year. This growth is driven by shifting consumer habits and the adoption of digital transformation technologies by retailers. Bricks and mortar shops are losing popularity as customers increasingly shop online.
To achieve this, it is important that both pureplay and omnichannel retailers know what drives customers to buy online. We've collected statistics and figures for retail sales that are both eye opening and informative to assist you.
Fashion is the most sought-after retail sector in the UK with 28 percent of all e-commerce sales. This is probably due to the wider range of products accessible and the convenience of being capable of trying on clothes without leaving the comfort of your home. Electronics is second, with 16% of all the sales made through e-commerce. This is due to the constant need for new technology, as well as the desire to stay up-to-date with the most recent technology. Hobbies and leisure items are also a popular purchase online, with 15% of all e-commerce sales.
When asked why they shop online, 57% said it was because of convenience. This is followed by 48% who mentioned price comparison, and 37% who stated they were seeking special discounts or offers. These findings suggest that UK consumers are less influenced by price than their European counterparts, and are more focused upon convenience and a broad product selection.
2. Online shopping in the UK
Online shopping is a common part of life for many UK residents. More than half of UK people aged 65 and older have made an online purchase within the last year. With a variety of payment options, shoppers can also choose the time and date they would like their purchases to be delivered.
While there are many reasons for shoppers to shop online Some of the most popular include convenience prices, availability, and price. In fact 57% of shoppers who shop online mention convenience as the primary motive behind their shopping. Then, another 48% of them cited lower prices, while 37% cited a wider choice of options.
The habits list of online shopping sites uk online shopping among UK consumers are also becoming more eco-conscious. 79 percent of UK shoppers recycle boxes and other packaging material from their online purchases. They might even take action if they believe that their packages are not coming in environmentally friendly packaging.
In addition to lessening their impact on the environment, some consumers are also trying to make their shopping experience more personal. For instance, 35% of UK customers have purchased clothing, footwear, or accessories from a retailer that has their measurements on the file. This lets them skip the return process and obtain what they want faster.
It is interesting to note that UK consumers are reported to be more willing than ever before to wait for online orders. This could be due to the fact that UK shoppers are more accustomed to the slower delivery time and know 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 very popular pastime for a lot of people. The most sought-after purchases are clothes and accessories, followed by groceries, and finally media like movies and music. Shopping online 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 types of purchases.
It is important to know that online shoppers are diverse. This makes it vital for ecommerce companies to understand the type of customer they are seeking when they purchase products. It is also crucial to know how much time each group of shoppers spends online. For example the younger generation is more likely to shop on mobile devices than any other age group. This is due to the fact that the younger generation is less time-conscious, and will use several devices to accomplish online tasks.
The older generations are, however, likely to have more shrewd purchasing habits and are less affected by the online ads. They also tend to visit high street stores to feel and see products before making a purchase. However, this doesn't mean they will not buy online. The convenience and ease of online shopping remain very appealing.
Another interesting aspect to think about when it comes to online shopping is that older generations are more likely to demand and expect free delivery on all their purchases. They are also more likely to drop carts if shipping costs seem excessive. Furthermore, as many as 61% of over 55s claim that they will add more items to their carts to reach the threshold of free delivery.
4. Online shopping in the UK according to 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 tend to spend more on fashion products, home and garden items, consumer electronics, and products for beauty and health.
In addition, UK consumers are increasingly looking for businesses that are environmentally-friendly and community-based. Studies have found that 70% of consumers are influenced by the way a retailer responded to the COVID-19 pandemic, with 69% of these searching for brands that support and are in close contact with their local communities.
Clothing and shoes are the most popular products for online shopping in the UK. In fact, 62 percent of British women who shop online purchased these items by 2020. However the online sales don't just apply to the clothing sector and there are a myriad of other products on sale, such as kitchenware, jewellery, and sports equipment.
In the process, online shopping figures uk online shopping is becoming increasingly popular as a way to find the most affordable prices on these items. Some analysts predict that by 2024, online sales could make up almost one third of retail sales.
Some retailers are struggling with the rising popularity of online shopping, whereas others are flourishing. In particular the online market is booming for health, fashion, beauty gardening, home and garden and consumer electronics.
In the near future the online shopping market for these items is expected to increase. With the number of people with access to the internet continuing to increase it is expected that more and customers will opt for online shopping in the coming years. As online shopping grows more popular, merchants must 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 a top European ecommerce market. 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 a great place for retailers to build their online presence and offer an effortless shopping experience online.
During the COVID-19 Pandemic, online shopping figures uk sales increased dramatically because consumers were looking for safer and more convenient alternatives to store purchases. This trend has continued post-pandemic as consumers continue to choose online shopping as a viable alternative.
Shopping online is a large portion of the UK retail market Some estimates suggest that it will comprise three-quarters of all retail sales in 2024. This is due to the growing popularity of e-commerce among consumers and technological advancements.
57% of UK online shoppers say that convenience is the primary reason they shop online. This is followed by 48% who highlight that it is easier to find deals and special offers as well as 37% who claim that there is a wider range of merchandise available online. In Europe more than half of shoppers mention lower prices as a key factor in their decision to purchase online.
Consumers are also willing to try new brands and products when they shop online. Online customers are willing to try new products and brands. Half of people are willing to try them when they shop on marketplaces such as Amazon. UK customers are awed by the buy now, pay later checkouts. 29 percent of online shoppers have used this option during the last year.
A strong online return policy for the UK is also an important aspect of e-commerce. The majority of online shoppers (59%) will research the returns policy of a retailer prior purchasing, and more than half will expect the seller to be responsible for both organizing and paying for return shipping.