Online retail set for 15% increase over Christmas

Nov 10, 2008 | Uncategorized

The latest figures from the IMRG Capgemini e-Retail Sales Index forecast that online retail will grow 15% year-on-year during the fourth quarter to reach £13.16bn, writes Netimperative. The figure represents a £215 online spend for every person in the UK. However growth will be significantly lower than last year when online retail rose 54% from […]

The latest figures from the IMRG Capgemini e-Retail Sales Index forecast that online retail will grow 15% year-on-year during the fourth quarter to reach £13.16bn, writes Netimperative. The figure represents a £215 online spend for every person in the UK. However growth will be significantly lower than last year when online retail rose 54% from 2006. Monday 8th December is expected to be the busiest day for online shopping with sales of up to £320m predicted.
Further research from JupiterResearch commissioned by LinkShare estimates that the average UK consumer will spend 40% more online than the average US consumer and will make 24% more of their purchases online. UK consumers are eight times more likely to carry out online research across multiple sites before buying online and are also 13% more likely to be frequent online shoppers than US internet users.
According to the annual Deloitte Christmas Retail Survey which looks at total retail spending, British shoppers are expected to spend on average £655 in total this Christmas – equivalent to 7% less than last year. However 19% of consumers still intend to spend more.
From Netimperative: http://www.netimperative.com, 10/11/2008
IMRG: http://www.imrg.org

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