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Online Shopping Figures For the UK
Since its humble beginnings the market for online shopping has grown steadily. This is particularly evident in the UK where ecommerce is responsible for 20% of all retail sales.
Shopping online is a popular method for consumers to explore brands and purchase. 45percent of consumers prefer to "buy online and pick up in store". This is a change in consumer habits that brick-and mortar shops must be aware of.
1. Retail sales online in the UK
It's not a secret that sales on retail websites have grown dramatically in the UK over recent years. In fact, according to data from 2023 the B2C market for e-commerce is expected to grow to nearly $120 billion by the end of next year. This growth is due to shifting consumer habits and the adoption of digital transformation technologies by retailers. As a result, bricks and mortar stores are experiencing a decline in popularity as more consumers are turning to online retailers for their purchases.
With this in mind, it's crucial for both omni channel and pureplay retailers to know what motivates shoppers to buy online. We've compiled statistics and figures on retail sales that are both eye opening and revealing to help you.
Of all the retail industries that are available, fashion is the most well-known with 28% of all e-commerce sales in the UK. This is likely due to the availability of a wider selection of products and the convenience of trying on clothes without leaving your home. Electronics is second with 16% of e-commerce sales. This is probably due to the constant need for new gadgets and the desire to stay current with the latest technologies. Leisure and hobbies are also popular items to purchase online, accounting for 15% of all e-commerce sales.
When asked why they shop online, 57% cited convenience. This is followed by 48% who cited price comparison and 37% said they were seeking special deals or discounts. These results suggest that consumers in the UK 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 a common aspect of life for a lot of UK residents. Be it for electronics, groceries or clothes - nearly half of UK residents over the age of 65 have made a purchase online in the past year alone. With a wide range of payment methods available buyers can also pick the best time and method for their goods to be delivered.
While there are many reasons for shoppers to shop online among them, the most common include convenience, price, and availability. In fact, 57% of people cite convenience as their primary reason for purchasing online. Additionally, 48% of them cited lower prices while 37% said they have a wider choice of options.
Online shopping habits of UK consumers are also becoming increasingly environmentally conscious. For example, 79% of UK online home shop uk discount code shoppers say they recycle boxes and other packaging materials from their purchases. They might even take action if they believe that their packages are not being packaged in environmentally friendly ways.
In addition to decreasing their environmental impact, some customers are also seeking to make their shopping experiences more personal. For instance 35 percent of UK customers have bought clothing, footwear, or accessories from a retailer that has their size information stored. This lets them skip the return process and get what they want faster.
It is interesting to note that UK shoppers have been reported to be more willing than ever before to wait for online orders. This could be due to the fact that British customers are more used to the slow delivery times and are aware of how long it takes to receive an item via the mail.
3. Online shopping in the UK in accordance with the age range
Shopping online is extremely popular in the UK. Clothes and accessories are the most sought-after purchases, followed by groceries, and 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 due to the fact that customers find these sales to be extremely convenient. Comparisons of products and prices are also feasible when making these purchases.
It is important to know that online shoppers come from a variety of backgrounds. This makes it vital for Online shopping figures uk ecommerce companies to understand the type of customer they are seeking when they purchase products. In addition it is crucial to be aware of the amount of time each age group is spending shopping online. For instance, the younger generation is far more likely to shop on mobile devices than any other age group. This is due to the fact that this age group is busy and uses multiple devices to accomplish online tasks.
The older generation on the other hand tend to have more shrewd purchasing habits and are less swayed by the online ads. They also prefer to go to high-street stores to feel and touch products before making a final decision. But this doesn't mean they will not buy online due to the convenience and ease of use of online shopping is still attractive to them.
Another interesting aspect to think about when it concerns online shopping is that the older generations are more likely to expect and expect free delivery on all of their purchases. They are also more likely to drop carts if shipping charges seem excessive. Furthermore, as many as 61% of those over 55 say that they will add additional items to their carts to meet the threshold of free delivery.
4. Online shopping in the UK depending on gender
Women and men in the UK are equally likely to purchase items on the internet. Women are more likely than men to make large purchases such as furniture and electrical appliances. Both groups are also more likely to shop for fashion as well as health and beauty 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. According to studies 70% of shoppers were influenced by the response of retailers to the COVID-19 outbreak. 69% of those shoppers searched for brands that were supportive and collaborated with their local community.
Clothing and shoes are the most popular products to buy online in the UK. In fact, 62% of female British online shoppers purchased these items in 2020. However, online sales aren't restricted to clothing, with a variety of other items available, like kitchenware, jewellery and sports equipment.
As a result, online shopping is becoming increasingly popular as a way to get the best deals on these items. Some experts estimate that by 2024 the sales from e-commerce could be more than a third of all retail sales.
While some retailers are struggling to cope with the increase in online sales, others are thriving. Particularly, Online shopping figures uk sales are booming for fashion, health and beauty as well as gardening and home and consumer electronics.
The trend for buying these products online is likely to continue to increase in the years ahead. With the number of people who have access to the internet increasing It is anticipated that customers will opt for online shopping in the future. As online sites for shopping in uk shopping is becoming more popular, retailers must ensure that their sites are optimized for mobile devices. They should also provide a simple and secure checkout process.
5. Online shopping in the UK, by region
The UK is a top European ecommerce market. When shopping online the customers of the UK are influenced by convenience, price, and the variety of items. These factors make it an ideal opportunity for retailers to build their online presence and offer an effortless shopping experience online.
During the COVID-19 pandemic online sales grew significantly because consumers were looking for safe and convenient alternatives to shopping. This trend has continued post-pandemic as consumers continue to choose online shopping as a viable alternative.
Online shopping is a significant part of the UK retail industry, with some estimates suggesting that it could account for three-quarters of all retail sales in 2024. This increase is the result of the increasing adoption of ecommerce by consumers and technological advancements.
57 percent of UK online shoppers believe that convenience is the primary reason for them to shop online. The 48% who say it's easier to find bargains and special offers and the 37% who claim there's a wider selection of merchandise available online are behind. In Europe more than half of shoppers cite the lower cost as a primary reason for them to purchase online.
Online shoppers are also willing to test new products and brands. Online consumers are open to trying new brands and products. Half of them are willing to try them when they shop on marketplaces like Amazon. Buy now pay later checkouts are a favorite option for UK customers, with 29 percent of shoppers using a buy now, pay later option over the last year.
Additionally, a strong online return policy is a crucial aspect of the ecommerce environment in the UK. A majority of online buyers (59%) go through the return policy of a retailer prior to purchasing, and nearly half of them expect the seller to arrange and pay for return shipping.