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A decade of boomtime in e-retail

Jodi

According to a new e-retail index, the past 10 years has seen UK shoppers spending a whopping £250billion on-line. And our shop-aholic tendencies see no sign of abating as it’s predicted that in 2010 alone we’ll spend £56 billion on-line.

The figure from the IMRG Capgemini e-Retail Sales Index is in stark contrast to a decade ago when 2001 UK e-retail sales were just £1.8 billion. Back then, only around six million Brits shopped online.

The Index has also revealed other trends:

* Peaks in sales of beers, wines and spirits when the English football team play in major tournaments.
* Huge growth in the sales of clothing online.
* On-line shopping sales are predicted to double again in the next 10 years.

IMRG chief executive James Roper is reported as saying: “Britons are passionate about shopping online. The combination of ease, convenience and 24/7 access is incredibly compelling.

“We expect to see that relationship strengthen over the coming decade and by 2020 we predict that the internet will account for half of all retail sales and influence most of the other half.”

To find out more about how you launch or relaunch a successful e-retail and e-commerce website why not check out the wide-ranging WebCreationUK portfolio?

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