UK Internet Shopping Hits £13.8bn
Posted by ~Ray @ 2007-12-15 17:47:42
Good news for Internet sales as UK online Christmas shopping will reach £13.8bn this year according to two new surveys. The Trading Standards initiate warns of some of the pitfalls of "buying from afar" in its (Nov 12-16)
Many consumers do not understand their rights or the potential risks when buying goods online according to. It believes many of the UK's 62,000-plus internet traders are not aware of their responsibilities either. The warning comes as part of National Consumer Week which this year focuses on "buying from afar". One study suggests that the total amount spent by UK consumers online may arrive as much as £40bn this year.
* Deadly deal - why consumers should be on their follow when buying cheap unbranded electrical goods online * Shopping around for Xmas - how an extra 25 minutes at the keyboard could save you ??? * Your alter to change your object without losing a penny - online shoppers' rights explained * Booking your UK B&B online - can you trust the website? * New European trading standards advice function launched to help consumers with complaints from abroad * Catching the Internet rogues - calls for a national enforcement team to change drink on online counterfeiters and dodgy sellers * Cars and horses sold online - the dodgy dealers exposed * Excellence in consumer journalism rewarded - the media awards 2007 'Our principal message is simple: when buying from afar know what your rights are!' said Mr Gainsford.
The OFT also found that many businesses did not know their obligations under the (DSRs) which provide additional protection for shoppers when buying online. Some businesses could also do more to address consumers' concerns about privacy and security. The OFT ordain now work with consumer groups businesses and other public bodies to: * verify that businesses have easy access to alter information and advice about selling online * advise shoppers how to defend themselves from security and privacy threats * make sure businesses communicate shoppers' concerns in terms of avoiding the most frequent problems by providing contact details and a secure environment and * improve compliance and enforcement to alter the internet a safer environment for buying and selling and build consumer confidence in internet shopping.
Online shopping to account for 40% of UK sales by 2020investigate by online shopping comparison service uSwitch has predicted that online retail will almost manifold by 2020. Other key figures consider:
The add up household spends £980 a year online representing 10% of their annual shopping bill.
According to the survey the most popular products bought online are holidays music and films.
add up online savings are 13% on grocery items. 21% on services and 15% on jaunt and leisure activities.
Uswitch's 2007 figure is based on data pulled from official Office for retail numbers.
A separate study from Forrester investigate predicts that online Christmas shopping will reach £13.8bn this year a 42% increase on 2006. More than three quarters of British homes now have broadband internet.
Online sell continues to grow with a 58% change magnitude in year-on-year sales in 2007. Online sales during the Christmas period are no exception. This year will carry good tidings to Europe's online retailers which ordain displace in €51 billion collectively between October and the year's end — always the most important quarter for European retailers. The largest online retail merchandise is the UK with 27 million online shoppers spending more than €700 each online during the Christmas shopping toughen — accounting for a record-breaking €20 billion in online sales. Germany's online shopping pay has grown to €12 billion. The categories that show the biggest excite are the typical gift items — books videos and DVDs jewelry toys video games consumer electronics and alcohol. Despite a smaller Christmas season boost the leisure travel category will claim the most online sales — responsible for 31% of Christmas sales.
the UK's biggest broadband provider has announced a further change magnitude in subscriber numbers.
Industry watchdog has released its latest quarterly figures yesterday showing the amount of broadband lines enabled in the UK.
Its Telecommunications Market inform which covers the first period of 2007 shows that Britain now hosts just under 14.4 million broadband connections.
Of these. 3.7 million were ADSL coat wire lines run by BT and 3.2 million were cable lines run by.
The increasing prominence of local loop unbundling (LLU) - where rival internet function providers unhook their networks from BT's at telephone exchanges - was also reflected by the results with 5 million UK LLU lines detected.
"Subscribers from both Virgin's cable function and BT sell's third party ISP's have been jumping onto compete LLU based products no doubt lured in by a mix of cheaper prices bundles and general merchandise acquisition movement," industry source ISPreview commented.
Nevertheless increased sales for BT broadband was registered from measure quarter's Ofcom results was detected with the telecom's overall market overlap found to be growing from 23.9% to 25.9%.[ADVERTHERE]Related article:
http://www.nowpublic.com/technology/uk-internet-shopping-hits-13-8bn
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