DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/wkrl7m/consumer_attitudes) has announced the addition of Canadean Ltd's new report "Consumer Attitudes and Online Retail Dynamics in the UK" to their offering.
Consumer Attitudes and Online Retail Development in the UK is the result of Canadean's extensive market research covering the online retail industry in the UK. It provides the magnitude, growth, share, and dynamics of the online retail market in the UK. It is an essential tool for companies active across the UK's online retail value chain and for new companies considering entry into the UK online retail market. It provides data for historic and forecast online retail sales, and also includes the business environment and country risk related to the UK online retail environment.
Market Highlights
Data security and user friendly sites are factors for slow m-commerce growth in the UK
Low broadband speed is one of the drawbacks for online shopping as retailers cannot provide rich content and video describing the products, which make the sites user friendly.
The share of online retail sales towards total retail sales increased from 5.7% in 2006 to over 8.7% in 2011and is expected to increase to 12.0% in 2016.
In terms of online market penetration, electrical and electronics was the leading category, with 19.6% of purchases being made online in 2011.
A unique feature in the UK online retail market is the popularity and success of traditional mail-order businesses to adapt to online retail. As a result, companies compete with physical store retailers in markets previously considered incompatible with the online retail format.
PUBLICATION OVERVIEW
By examining best practice from leading national large-scale online retailers (but specifically excluding the likes of Amazon whose sites are well-known and vary little by country), as well as reviewing innovative approaches from smaller companies, the report provides insights and ideas about how best to approach growing online sales for your business.
This report quantitatively examines the components of change in the market by looking at historic and future growth patterns including how changes in consumer behavior have affected the online retail sector for different product categories.
Products Covered
Detailed category coverage is provided, covering 25 products, across eight product groups that include:
- Apparel
- Accessories and Luxury Goods
- Books
- News and Stationery
- Electricals and Electronics
- Food and Grocery
- Furniture and Floor Coverings
- Home and Garden Products
- Music
- Video and Entertainment Software
- Sports and Leisure Equipment
Key Features and Benefits
- Understand consumer behavior and the online trends in the UK.
- Understand which products will be the major winners and losers in the coming years.
- Learn from best practice approaches outlined in the case studies of leading online retailers.
- Improve market and strategic planning using highly granular, forward-looking market data.
- Assess the impact of economic recession and recovery on market growth.
For more information visit http://www.researchandmarkets.com/research/wkrl7m/consumer_attitudes
Source: Canadean Ltd