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Vintage Girl
Moderator
Joined: 05 Nov 2006
Posts: 3434
Location: Essex, England
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 Posted: Tue Jun 03, 2008 11:03 pm Post subject: Online Shopping |
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| Quote: | LONDON (SHARECAST) - Shoppers shrugged off fears about the economy to spend more than ever on the internet last year, with the total sum up by more than a third on 2006.
Consumers splashed out £14.7bn online in 2007, 35% higher than the previous year, according to a survey by retail analysts Verdict Research.
That’s the fastest rate of growth in six years and is 10 times the figure enjoyed by the UK retail sector as a whole.
Verdict reckons the internet will account for almost 14% of spending by 2012 when online sales are predicted to hit £44.9bn.
"The internet is widely perceived as a cheaper and easier way of finding lower prices and bargains in most sectors,” said Malcolm Pinkerton, a senior analyst at Verdict.
"As the cost of broadband falls, consumers become accustomed to internet shopping and retailers continue to enhance their online propositions, the channel will find itself extremely well-placed to capitalise on the falling consumer confidence and lower levels of disposable income currently impacting the retail market." |
I don't think the rise in online shopping will continue as steeply in the future. At one time I did a lot of shopping online but got fed up with things arriving either damaged or not as expected and then having the hassle and expense of returning them. These days I order vey little online as I much prefer to see before I buy.
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Girls are like phones. We love to be held and talked to, but if you press the wrong button you'll be disconnected! |
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JuanaLaLoca
A-cute schizophrenic
Joined: 27 Dec 2006
Posts: 1291
Location: New England
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| Posted: Wed Jun 04, 2008 7:48 pm Post subject: |
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| A rise in Internet shopping does not, IMHO, indicate that shoppers are not as concerned about the economy. To find that out, they must look at shopping as a whole, both online and not. In general (yourself being one of the exceptions), I think that people are going to tend to switch more and more to online shopping. It's convenient, and there is much more selection available. I just ordered some scrapbooking supplies that I used to get locally, but they are no longer carried here, so I had to look around a bit on the Web and found a site that had what I wanted in the quantity I wished. Of course, there are also sites like eBay that people are relying on more and more. The fact that online shopping is up is not surprising. If there is a corresponding decline in 'live' shopping, then people's concerns about the economy don't really apply. |
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muppetmurderer
A-cute schizophrenic
Joined: 14 Jun 2008
Posts: 1350
Location: South East (of the UK of course, Surrey in fact)
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| Posted: Wed Jun 18, 2008 12:51 pm Post subject: |
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Shopping.... hmmmm... Girls' specialist subject, so no comment needed by me!
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Do you know what it means when you come home to a little affection, a little tenderness, and a little sympathy? It means you're in the wrong house |
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kitchenwitch
Inmate of the Asylum
Joined: 25 Mar 2008
Posts: 341
Location: Prison City
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| Posted: Wed Jun 18, 2008 4:06 pm Post subject: |
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| Hmmmm, someone is being blatently sexist. Probably would have been better not to have commented at all...... |
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Mpls Druid
Inmate of the Asylum
Joined: 29 Mar 2008
Posts: 290
Location: Minneapolis, MN USA
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| Posted: Wed Jun 18, 2008 5:59 pm Post subject: |
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I confess - I AM the stereotypical female who loves shopping  |
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