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Since its humble beginnings the market for online shopping has continued to grow. This is evident especially in the UK where ecommerce accounts for 20% of retail sales.
Online shopping is a popular way for consumers to look up brands and make purchases. About 45% of customers prefer to "buy online and pick up in store". This is an interesting shift in consumer behavior that bricks and mortar stores should be aware of.
1. Retail sales online in the UK
There's no doubt that online sales of merchandise have grown dramatically in the UK over recent years. In fact, according to data from 2023 the B2C e-commerce market is expected to reach nearly $120 billion by the end of next year. This growth is fueled by the changing habits of consumers and the use of digital transformation technologies by retailers. Bricks and mortar shops are losing popularity as customers increasingly shop online.
With this in mind, it's important for both pureplay and omni channel retailers to understand what drives consumers to buy online. To help you do this, we've created a collection of retail sales figures and other statistics that are both eye-opening as well as revealing.
Fashion is the most favored retail industry in the UK with 28 percent of all online sales. This is likely due to the wider range of merchandise that are available and the convenience of being capable of trying on clothes without leaving home. Electronics is the second most popular with 16% of all online sales. This is due to the constant demand for new gadgets and the desire to stay up-to-date with the latest technology. Online sales of hobbies and leisure products make up 15% of all online sales.
When asked about the factors that drive shoppers to shop online 57% of UK consumers said convenience was the primary driver. This is followed by 48% who cited price comparison, and 37% who indicated they were seeking special deals or discounts. These results indicate that UK shoppers are less driven by price than their European counterparts, and are more focused on convenience and a wide product selection.
2. Online shopping in the UK
Online shopping is now a regular aspect of life for a lot of UK residents. Whether it's to buy electronics, groceries or even clothes - more than half of UK residents over the age of 65 have made a purchase on the internet in the past year alone. Shoppers can choose from a range of payment options and online shopping figures uk also choose when and how their products delivered.
Convenience, price and availability are among the top reasons shoppers shop online. In fact, 57% of online shoppers cite convenience as the main reason for their shopping habits. Additionally, 48% of them cited lower prices as another benefit and 37% noted a wider range of options as well.
UK consumers are also becoming more environmentally conscious in their cheapest online grocery shopping uk shopping habits. 79% of UK customers recycle boxes and other packaging materials from their online purchases. They may decide to take action if their purchases are not packaged in an environmentally friendly manner.
Certain consumers wish to make their online shopping experience more personal. They are not just trying to reduce their environmental impact but also to reduce their carbon footprint. For example 35 percent of UK customers have bought clothing, footwear, or accessories from a retailer who has their size information saved. This allows them skip the return process, and get what they need faster.
Incredibly, UK customers 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 British consumers are more accustomed to the longer delivery time and understand the length of time it takes to receive an item in the mail.
3. Online shopping in the UK according to the age range
Online shopping in the UK is a very popular pastime for many people. The most popular items to purchase 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. These events are extremely practical for shoppers. It is also simple to compare prices and products online when making these types of purchases.
It is crucial to remember that online shoppers are very diverse. This makes it crucial for ecommerce companies to know what their target market is seeking when they purchase products. Additionally it is important to know how much time each age group spends shopping online. The younger generation, for example is more likely to use mobile devices to shop than any other group. This is because this age group is very busy and uses multiple devices to complete online tasks.
The older generation tends to be more sceptical about their buying habits and less influenced by advertising on the internet. They are also more likely to go to stores in the high street to look at and feel products before making an purchase. This doesn't mean that they will not buy online. The convenience and ease of shopping online remain very appealing.
Another interesting aspect to think about when it concerns online shopping is that older generations are more likely to demand and expect free delivery on all of their purchases. They are also more likely to drop carts if shipping charges seem excessive. Additionally, 61% of those over 55 claim that they will add more items to their carts to reach a free delivery threshold.
4. Online shopping in the UK in accordance with gender
Men and women in the UK are equally likely to purchase products on the internet. However women are more likely to make large purchases, like electrical appliances or furniture, than men. Both groups are more likely to purchase fashion cosmetics, health and beauty products as well as home and garden and consumer electronics products.
In addition, UK consumers are increasingly looking for businesses that are environmentally-friendly and community-based. Studies have found that 70% of shoppers are influenced by how a company responded to the COVID-19 epidemic, with 69% of them searching for brands that support and collaborate with their local communities.
The most popular online shopping products in the UK are shoes and clothing. In fact 62 percent of British women who shop online bought these items by 2020. Online sales are not only limited to clothing. Other items like kitchenware, jewelry, and sports items are also available.
Shopping online is becoming increasingly popular to find the most affordable deals. In fact, some analysts have predicted that online sales will make up nearly 1/3 of all retail sales in 2024.
Some retailers are struggling with the growth of online shopping, online shopping figures uk while others are thriving. Online sales are booming in health and wellness gardening, home and garden and consumer electronic.
The trend of buying these items online shopping figures uk is expected to continue to grow in the coming years. As the number of people who use the internet 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 crucial for retailers to ensure that their websites 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 one of the top European eCommerce markets. When it comes to online shopping, the UK's consumers are influenced primarily by price, convenience and a variety of products. These factors make it a great place for retailers who want to improve their web presence and provide an easy shopping experience.
During the COVID-19 Pandemic, online sales grew significantly as people sought out safe 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 a significant portion of the UK retail market, with some estimates suggesting that it will account for three-quarters of all retail sales in 2024. This growth is driven by the increasing popularity of ecommerce among consumers and technological advancements.
In the UK, 57% of shoppers who shop online cite convenience as the main factor driving them to shop online. This is followed closely by 48% who state that it is easier to find deals and special offers and 37% of shoppers say there's a wider selection of products that are available online. This contrasts with Europe, where a greater percentage of shoppers stated lower prices as the key driver for their choice to shop online.
The online shoppers are also keen to test new brands and products. Online customers are willing to try new brands and products. Half of consumers are willing to try new brands when they shop on marketplaces like Amazon. UK shoppers are in love with the buy now, pay later checkouts. 29 percent of online shoppers have made use of this method in the last year.
Additionally, a strong online return policy is a vital aspect of the e-commerce landscape in the UK. A majority of online buyers (59%) look up the return policy of a retailer prior to buying, and more than half expect the retailer to arrange and pay for return shipping.
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