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The online retail market has been growing continuously since its humble beginnings. This is especially evident in the UK where ecommerce accounts for 20% of all retail sales.
Online shopping is a popular method for shoppers to research brands and make purchases. About 45% of consumers prefer to "buy online and pick up in-store". This is a fascinating shift in consumer behavior that bricks and mortar stores should be aware of.
1. Online retail sales in the UK
It's not a secret that online sales of merchandise have increased significantly in the UK in recent years. According to data from 2023, the B2C market for online shopping is expected to reach almost $120 billion in the next year. This growth is driven by shifting consumer habits and the adoption of digital transformation technologies by retailers. As a result bricks and mortar shops are seeing a decline in popularity as more customers prefer online retailers to make their purchases.
With this in mind, it's important for both pureplay and omni channel retailers to understand what drives shoppers to buy online. To help you do this, we've compiled a collection of retail sales figures and stats that are both eye-opening as well as revealing.
Of all the retail industries of which fashion is the most popular and accounts for 28 percent of all sales made through e-commerce in the UK. This is likely due to a wider selection of items available and the convenience of being able to try on clothes without leaving the comfort of your home. Electronics is second with 16% of e-commerce sales. This is likely due to the constant demand for new gadgets and the need to stay up-to-date with latest technology. Hobbies and leisure products are also a favorite purchase online, accounting for 15% of all e-commerce sales.
When asked what drives consumers to shop online 57 percent of UK consumers said convenience was the primary driver. This is followed by 48% who mentioned price comparison, and 37% who stated they were looking for 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 broad product range.
2. Online shopping in the UK
Shopping online is becoming regular part of the lives of many UK customers. Whether it's to buy groceries, electronics or even clothes - more than half of UK residents over 65 have made a purchase on the internet in the last year. With a variety of payment options available buyers can also pick how and when they want their goods to be delivered.
While there are many reasons to shop online Some of the most popular are convenience, price, and availability. In fact 57% of online clothes shopping websites uk shoppers mention convenience as the primary motive behind their shopping. Then, another 48% of them cited lower prices while 37% mentioned a greater variety of options.
The habits of online shopping among UK customers are also becoming more eco-conscious. 79 percent of UK customers recycle boxes and other packaging materials from their online purchases. They could take action if their orders are not packaged in a sustainable green manner.
Some customers wish to make their shopping experience more personal. They are not just trying to reduce their environmental impact, but also reduce their carbon footprint. For instance, 35% of UK customers have bought clothes, footwear, and accessories from a retailer that has their size information saved. This allows them to avoid the return process and get what they want faster.
Incredibly, UK consumers are reported to be more willing to wait for their online orders than they were during the pandemic. This could be due to the fact that UK shoppers are more accustomed to the slow delivery times and understand how long it takes to receive an item through the mail.
3. Online shopping in the UK in accordance with the age range
online shopping figures Uk shopping is very popular in the UK. The most popular purchases are clothes and accessories, followed by groceries, and finally media like movies and music. Shopping online is very popular in the UK particularly during the annual Black Friday sales and Christmas sales. This is because customers find these sales to be extremely convenient. Online comparisons of prices and products are also possible when purchasing these items.
It is crucial to remember that online shoppers are very diverse. This is why it is crucial for e-commerce businesses to understand the demographics their customers are seeking when they purchase products. It is also essential to know how long each segment of customers spends online. For instance the younger generation is far more likely to shop using mobile devices than any other age group. This is due to the fact that this age group is busy and uses multiple devices to complete online tasks.
The older generations on the other hand tend to have more cautious purchasing habits and are less influenced by the online ads. They also tend to visit high street stores to feel and see products prior to making purchases. However, this doesn't mean they don't shop online due to the convenience and ease of use of online shopping is still extremely appealing to them.
A second interesting factor to be considered when shopping online is the fact that older generations are more likely than younger generations to expect and demand free shipping on all of their purchases. They are also more likely to abandon carts if shipping charges seem excessive. Additionally, 61% of those over 55 claim that they will add additional items to their cart in order to reach the threshold of free delivery.
4. Online shopping in the UK in accordance with gender
Women and men in the UK are equally likely to purchase products online. Women are more likely than men to make big purchases, such as furniture and electrical appliances. Both groups are more likely to purchase clothing products, home and garden items as well as consumer electronics and cosmetics and health products.
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 shoppers were looking for brands that backed and collaborated with their local community.
The most sought-after online shopping items in the UK are clothing and shoes. In fact, 62% of British women who shop online purchased these items by 2020. However the online sales don't just apply to clothing and there are a myriad of other products available like kitchenware, jewellery and sports goods.
This is why online shopping is becoming more popular as a method to get the best deals on these items. Some analysts estimate that by 2024 online sales could make up almost one third of retail sales.
While some retailers are struggling to keep up with the growth in online shopping, other are flourishing. In particular the online market is booming for health, fashion and beauty, home and gardening, and consumer electronic.
The trend for buying these items online is expected to continue grow in the coming years. With the number of people having access to the internet continuing to increase, it is anticipated that increasing numbers of people will be turning to online shop shopping in the near future. As online shopping grows more popular, merchants must ensure that their sites are optimized for mobile devices. They should also provide an easy and secure checkout process.
5. Online shopping in the UK by region
The UK is a top European online retail market. When they shop online, the UK's consumers are mostly influenced by convenience, Online Shopping Figures Uk price, and a variety of products. These factors make it a great place for retailers who want to improve their web presence and provide a seamless shopping experience.
In the COVID-19 pandemic, online sales increased dramatically because consumers were looking for secure and convenient alternatives to shopping. This trend has continued post-pandemic, as consumers continue to use online shopping as an attractive alternative.
Online shopping is an important component of UK retail, and some estimates suggest that it could account for one-third of sales by 2024. This increase is the result of the growing acceptance of e-commerce by consumers as well as technological advances.
57 percent of UK online shoppers claim that convenience is the primary reason why they shop online. This is closely followed by 48% who state that it is easier to discover special deals and offers, and 37% who say there's a wider selection of products that are available online. In Europe the majority of shoppers cite lower prices as a key factor in their decision to buy online.
Online shoppers are also willing to test new brands and products. About a quarter of online shoppers have bought items they have never bought on the high street before, and half are willing to test new items when purchasing from a marketplace like Amazon. UK shoppers are in love with the buy now and pay later checkouts. 29% of online buyers have made use of this method in the past year.
Additionally, a robust online return policy is a vital aspect of the ecommerce landscape for the UK. The majority of online shoppers (59%) check the return policy of the retailer prior to buying, and more than half of them expect the seller to arrange and pay for return shipping.
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