Shoppers 'Net' Bargains

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Shoppers 'Net' Bargains

Δημοσίευση από KGP » 15 Φεβ 2006 00:07

Shoppers 'Net' Bargains
Monday February 13 2006 ... =5&id=7943

The internet is enjoying its biggest ever slice of the British shopping market, latest figures have revealed.

An estimated £8.2bn worth of goods were bought from websites last year - up 28.9% on 2004, according to market analysts Verdict.

This growth rate was nearly 19 times higher than the rise in overall retail spending for last year.

Online shoppers spent £1.8bn more in 2005 than in the previous year.

The internet is even closing the gap on the £9.4bn spent in department stores last year, Verdict said. Overall UK retail sales grew by just 1.5% in 2005 - the slowest rate since the early 1960s.

Competition from the internet played a "significant" role in the demise of some traditional stores, according to the e-Retail 2006 report.

One in four UK consumers now buys goods over the internet. The online shopper population rose by 25.5% to 14.6 million between 2004 and 2005, Verdict's consumer research shows.

Senior retail analyst Nick Gladding said the internet allowed customers to trawl for the lowest prices and shop at times which suited them.

"This makes online retailers far more formidable competitors to high street retailers than their current sales figures suggest," he said. Women typically spent £579 online last year compared with £543 for male shoppers.

Royal Mail has revealed that a record-breaking 70 million items ordered online were delivered in the run-up Christmas 2005 - a 40% increase on the 55 million items ordered online in 2004.
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