Out-Law News | 24 May 2006 | 2:59 pm | 1 min. read
A further £20 billion of other consumer spending is online and £30 billion of off-line retail sales are impacted by internet information, research or stimuli. A total of 10% of retail sales now take place online and online retail sales have grown at an average year-on-year rate of 45% for the past six months or 2,000% in six years.
The full list of the 50 most popular online retailers – ranked by visits – is reproduced below.
IMRG collects its sales data each month from a large pool of e-retailers whose sales represent a quarter of the UK market by value.
Almost 4,000 consumers responded to an IMRG survey this month. The results suggest that 52% will reduce their High Street spending in 2006 while 45% will increase their spending online.
All respondents said they research home appliances online prior to purchasing them on the High Street. For consumer electronics it was 94%, furniture 52%, garden and DIY goods 49% and travel 44%.
All of the respondents said they research and then purchase music online, 81% did so for books, 70% for travel, 55% for computer equipment and 45% for videos and DVDs.
IMRG published its IMRG-HITWISE: HOT SHOPS LIST today. It ranks by popularity, as indicated by visits, the top 50 UK online retailers selling goods and services in April 2006.
The IMRG-HITWISE Hot Shops List will be published quarterly, and excludes comparison websites including eBay, Kelkoo and Froogle.