Internet Shopping Ltd Overview

Despite this large growth in online shopping, there are reasons why people might not opt to shop online . The biggest rise in 24-hour shopping is the rise of the internet. This makes it possible for people to engage in retailing without even having to set foot in a retail park, shop or supermarket.

Shopping online via phones and laptops, instead of on the high street, has become more popular every year. But the COVID-19 pandemic caused a swell in the number of online shoppers in 2020, with millions of Brits stuck at home due to lockdown. Argos is one of the most comprehensive online shopping sites out there. The Currys online shopping experience boasts powerful, product-specific filters to help you get to the right product faster. Boden is a popular British clothing retailer serving on market since 1991.

According to the ONS, holiday accommodations, event tickets, and travel arrangements were the next big thing purchased online. In 2019, online sales via smartphones hit a new record during Cyber Monday, accounting for 33% of total sales. Based on the latest UK e-commerce statistics, the second-most important motivation for online shopping was having a wider variety of choices (51% in 2020).

By comparison, only 26% of people in the US said they shopped online at least once a week. The online shopping penetration in the UK is quite high when compared to other countries. The penetration has also been steadily increasing over time. In 2008, only a decade ago, online shopping penetration in the UK was only 53%. Since Google Chrome was the most popular browser with a market share of 49.2%, it may also be safe to say that the highest amount of online shopping was also done through Google Chrome. The second-most popular browser in the UK was Safari, with a market share of 33.6%.

For instance, 19.7% of all sales in this segment transpired online. In 2020, 55% of UK consumers shopped online to compare prices. 55% of consumers don’t trust the businesses they buy from as much as they used to. Moreover, 65–69% distrust company press releases and ads and 71% don’t trust social media ads.