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UK Online Spending Habbits

UK Online Shopping St@t istics hi Discount Codes .saring made casy! U.K. consumers annually pay $213 per household, on average, $213 to get goods ordered online to their doorsteps, according to a new study from U.K.-based market KEİmrg research company IMRG reported the voice of e-retail One Poll that 71% of UK online shoppers believe the best deals are online. According to the BBC, the Internet 71% accounts for 8.3% of the UK economy which is more than any other G20 country. BBC According to IMRG Capgemini eRetail Sales Index , British online shoppers spent £68bn in 201I, £68bn in 2011 16% more than the year before. The survey of over 1000 consumers 2011 conducted by PwC showed that in 2011, 14% of people buy online more that once a week compared to only 4% in 2007. 2007 4% 14% £5.3 billion during May UK shoppers spent £5.3 billion online during May 2011. 2010 5.4% higher 2011 The ONS said the total value of retail sales from all sectors was up by 5.4 percent in September 2011 compared to a year ago. £539 m/week in September 2011 According to the Office for National Statistics (ONS), Britons spent an average of £539m online each week in September 2011. As of October 2011, almost £I in every £10 spent by shoppers now involves internet purchases. £I £I £I £I £I £I £I £I £I £I Figures from the Office for National Statistics estimated that £837.Im was spent online in the UK each week in December 2011, giving internet sales a 10.9% share of the £42. I bn spent in the UK retail sector in December – or £4.59bn. More than £I billion worth of online shopping transactions was abandoned last year (2011) by UK consumers frustrated by old and inefficient identity measures, Experian research shows. One in five of these abandoned transactions were not taken elsewhere as individuals cancelled their shopping attempt altogether, resulting in £214 million worth of net lost revenue for UK retailers. U.K shoppers spent 34.9 billion pounds ($54.2 billion) online in the first half of 2012, up 12.6% from 31 billion pounds ($48.1 billion) in the first six months of 2011. IST HALF OF IST HALF OF 2011 2012 £31 £34.9 billion billion Figures from online payments provider PayPoint.net found that consumer spending increased by 24 percent in the first two weeks of January 2012, compared to the same time last year. PP PayPoint In June, online shoppers spent an estimated 6 billion pounds ($9.3 billion)-an average of I17 pounds ($181) per person-up 13% from June 2011. = £31 £6.5 billion U.K. consumers spent 6.5 billion pounds online (US$10.2 billion) in July 2012. The National Retail Federation study, which was based on a poll of 8,509 consumers in early July 2012, found increases this year in back-to-school online shopping activity: 35% of back-to-school shoppers will use the Internet to compare products and prices of multiple retailers, up from 31% a year ago; and 21% of consumers say they will shop online more often this year, up from 19% who said that last year. National Retail Federation As UK prepared for the Olympics, consumers went online to buy high-definition television sets and similar products, helping to boost online sales of consumer electronics by 30% compared with July 2011. In a reference to the heavy rains that have hit Britain this summer, the report by Interactive Media in Retail Group says “brief sunny spells and ongoing price cuts" helped to increase online sales of clothing, footwear and accessories by 15% when compared with July 2011. Following are year-over-year e-commerce spending increases for other product categories in July 2012: HEALTH AND BEAUTY 32% GIFTS 27% TRAVEL2% BEER, WINE AND SPIRITS 0% XX Almost 40% of adults claim to use more coupon codes since 2009. Retailers issue 28% more codes year on year as consumer demand rockets. 230% Mobile traffic to leading coupon sites rise by almost FREE A free delivery code is seen as a pre-requisite DELIVERY for many online shoppers these days, with orders that include free delivery recording basket values averaging 30% higher than those that don't. The internet savvy young people of the UK make the most of online deals and discounts with those aged 16-24 saving an average of £8.40 on their weekly shopping compared to those aged 55+ who save on average £5. SOURCES: http://ecommerce-news.internetretailer.com/ http://www.dailymail.co.uk/news/article-2051556/Internet-shopping-rise-beats-high-street-23--1-10-spent-online.html http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/8838905/1-in-every-I0-now-spent-online-says-ONS.html http://www.simonlilly.com/e-commerce/uk-online-shopping-statistics/ http://recent-ecl.blogspot.com/20I1/04/statistics-on-online-shopping-in-uk.html http://www.blottr.com/contributor/david-gilson/online-shopping-killing-high-street http://www.freshbusinessthinking.com/news.php?NID=13598 http://blog.affiliatewindow.com/?p=5506 http://www.vouchercodes.co.uk/press/release/voucher-industry-buoyant-in-first-quarter-of-2012-17.html

UK Online Spending Habbits

shared by eeehee on Sep 10
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Infographic looking at how online shopping habbits have changed in the UK and the impact of the London 2012 Olympics.

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