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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 especially evident in the UK where e-commerce accounts for 20% of all retail sales.
Many people shop online to research brands before purchasing and 45% prefer to "buy online, then pick it up in store". This is a shift in consumer habits 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 over the past few years. According to 2023 statistics the B2C online market is expected to reach almost $120 billion next year. This growth is a result of changing consumer shopping patterns and the widespread adoption by retailers of digital transformation technologies. Bricks and mortar stores are losing popularity as consumers increasingly shop online.
With this in mind, it's essential for both pureplay and omni channel retailers to understand what drives shoppers to buy online. We've put together retail sales figures and stats that are both eye opening and informative to assist you.
Of all the retail industries of which fashion is the most well-known, accounting for 28% of all e-commerce sales in the UK. This is likely due to the wider range of items that are available and the convenience of being able to try on clothes without leaving home. Electronics comes in second, with 16% of the sales made through e-commerce. This is due to the constant need for new technology and the desire to stay up-to-date with the most recent technology. Online sales of leisure and hobbies products make up 15% of all e-commerce sales.
When asked about the factors that drive shoppers to shop online, 57% of UK customers cited convenience as the main reason. This is followed by 48% who cited price comparison, and 37% who said they were looking for special discounts or offers. These results suggest that consumers in the UK are less driven by price than their European counterparts and are more focused on convenience and a wide variety of products.
2. Online shopping in the UK
Online shopping is now a regular part of the lives of many UK residents. Whether it's to buy electronic gadgets, groceries, or fashion - almost half of UK residents over the age of 65 have made a purchase on the internet in the past year alone. With a wide variety of payment options available buyers can also pick the best time and method for their purchases to be delivered.
Price, convenience and accessibility are among the top reasons why shoppers shop online. In fact, 57% of shoppers cite convenience as their primary reason for shopping online. Additionally, 48% of them cited lower prices as an additional benefit and 37% noted an increased selection of options.
The shopping habits of UK consumers are also becoming increasingly environmentally conscious. For instance, 79 percent of UK online shoppers report that they recycle boxes and other packaging materials that they use in their purchases. They may even take action if think their purchases aren't coming in environmentally friendly packaging.
In addition to decreasing their environmental impact, some consumers are also trying to make their online shopping experiences more personal. For online shopping figures uk example, 35 percent of UK shoppers have bought clothes or footwear from a retailer that has their size information stored on file. This allows them to skip the return process and obtain what is the best online shopping in uk they want faster.
It is interesting to note that UK customers are reported to be more eager than ever to wait for online orders. This could be because UK consumers are more accustomed to the slower delivery time and are aware of the length of time it takes to receive an item in the mail.
3. Online shopping in the UK by the age group
Shopping online in the UK is a popular activity for a large number of people. The most sought-after purchases are clothing and accessories, followed by groceries and then media like movies and music. Shopping online is also popular in the UK during the annual Black Friday and Christmas sales. These events are very practical for shoppers. Online comparisons of prices and products are also feasible when making these purchases.
It is important to know that online shoppers are diverse. This makes it essential for ecommerce companies to understand the type of customer they are looking for when purchasing products. In addition it is important to be aware of the amount of time each age group spends shopping online. The younger generation, for instance is more likely to use mobile devices to shop than any other group. This is due to the fact that this age group is very time-poor and will use multiple devices to accomplish online tasks.
The older generation however tend to have more shrewd purchasing habits and are less influenced by advertisements on the internet. They also tend to visit high street stores to look at and feel items before making purchases. This doesn't mean that they won't shop online shopping figures uk. The convenience and ease of online shopping are still very appealing.
Another interesting aspect to be considered when shopping online is that older generations are more likely than younger generations to anticipate and expect free shipping on all of their purchases. They are also more likely to drop carts if shipping costs seem excessive. Moreover 61% of those over 55 say they'll add more items to their carts in order to reach the free delivery threshold.
4. Online shopping in the UK depending on gender
In the UK both genders are equally likely to shop online. Women are more likely than men to make major purchases such as electrical appliances and furniture. Both groups are more likely to buy fashion household and garden products consumer electronics, as well as products for beauty and health.
In addition, UK consumers are increasingly looking for businesses that are environmentally-friendly and community-based. According to research, 70% of shoppers were affected by the response of retailers to the COVID-19 outbreak. 69% of customers were looking for brands that backed and collaborated with their local community.
The most sought-after online shopping products in the UK are shoes and clothing. In fact, 62 percent of female British online shoppers bought these items in the year 2020. However online sales aren't limited to the clothing sector and there are a myriad of other products available like kitchenware, jewellery and sports items.
In the process, online shopping is becoming increasingly popular as a way to find the most affordable prices on these products. Some experts predict that by 2024, ecommerce sales could account for almost one third of retail sales.
Some retailers are struggling with the rise of online shopping online sites list, while others are thriving. In particular the rise of online sales for health, fashion and beauty gardening, home and garden, and consumer electronics.
In the future, online shopping for these products 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 future. With the growing popularity of this method of shopping, it is essential for retailers to make sure their sites are optimized for mobile devices and that they offer an easy and secure checkout process.
5. Online shopping in the UK by region
The UK is a top European ecommerce market. When it comes to online shopping the customers of the UK are influenced primarily by price, convenience and the wide variety of products. These factors make it a great place for retailers who want to invest in their web presence and offer an easy shopping experience.
In the COVID-19 pandemic, online sales increased dramatically as people sought out secure and convenient alternatives to store purchases. This trend has continued post-pandemic, as consumers continue to embrace online shopping as a viable alternative.
Shopping online is a large portion of the UK retail industry There are estimates that it will account for three-quarters of all retail sales in 2024. This is because of the increasing use of ecommerce by consumers and technological advancements.
57% of UK online shoppers say that convenience is the primary reason they shop online. This is followed closely by 48% who state that it is easier to discover special deals and offers as well as 37% who say there's a wider selection of merchandise available online. This is in contrast to Europe where a higher proportion of shoppers stated lower prices as the key driver for their purchase online.
Online shoppers are also eager to try new brands and products. Online customers are willing to try new products and brands. Half of consumers are willing to do so when they shop on marketplaces such as Amazon. UK shoppers are fond of the buy now, pay later checkouts. 29 percent of online shoppers have made use of this method in the last year.
Additionally an effective return policy is a vital aspect of the e-commerce environment in the UK. The majority of shoppers (59%) will check the return policy of a retailer prior to purchasing, and a majority will expect the retailer to be responsible for the return and payment shipping.