Ecommerce in The United Kingdom
The United Kingdom is one of the leading countries in the western world. As one of five permanent members of the UN Security Council and a founding member of NATO, the UK is an influential country with an important economy. It’s an active member of the European Union, but it chose to remain outside of the Economic and Monetary Union and therefore keep its pounds and pennies. In 2016, The Brits voted for Brexit, which means the United Kingdom will withdraw from the European Union.
THE UNITED KINGDOM
|Population||66.8 million people|
|– % internet users||96%|
|Online sales||€200 billion (2019)|
|Online stores worth mentioning:||Tesco, Asos, Argos|
- Ecommerce eventsin the United Kingdom
- Ecommerce customers in the United Kingdom
- The ecommerce market in the United Kingdom
- Big online stores in the United Kingdom
- Latest ecommerce news from or about the United Kingdom
Ecommerce events in the United Kingdom
Every year there are several ecommerce events being organized in the United Kingdom. We have a handy ecommerce events calendar, where you can find all the major online retail events in Europe. But you can also check out only the ecommerce events in the United Kingdom.
Ecommerce customers in the United Kingdom
A study from the Ecommerce Foundation in 2019 shows that PayPal is, by far, the most popular payment method in the United Kingdom. Over 40 percent of buyers have used PayPal at least once in 2018. Credit cards (23.7 percent) are also popular, followed by prepaid cards (17.2 percent).
Fashion and sporting goods are a very popular product category in the United Kingdom, followed by travel and household items. Other popular product categories are movies & music and books & magazines.
The ecommerce market in the United Kingdom
A report from the Ecommerce Foundation shows that 7.94 percent of the country’s gross domestic product is made up by ecommerce sales. An older study showed that ecommerce accounted for 10.7 percent of total retail sales in 2014. Ecommerce in the UK is expected to be worth slightly over 200 billion euros at the end of 2019.
Big online stores in the United Kingdom
Latest news about The United Kingdom
Asos has started a test with See My Fit, an augmented reality tool that shows a product in different sizes and on different body types. Asos is the first retailer in Europe to test the technology.
Lidl UK is said to launch its online shop later this year. The ecommerce website won’t feature groceries, but instead it will sell wine, spirits and non-food items.
Facebook and eBay have agreed to do better in fighting fake and misleading reviews on their websites. They have made the pledge after the Competition and Markets Authority in the United Kingdom told them to address this problem.
Sorted, a delivery software startup from the United Kingdom, has reached a nice milestone. The value of goods it has shipped to date has reached the 1 billion pounds mark. All in all, it was a great year for the startup, which saw its client base increase by 200 percent.
Amazon and eBay dominate the UK ecommerce market. This year, the two ecommerce giants have a market share in the United Kingdom of 39.9 percent. Especially Amazon is way ahead of all other online retailers.
Read all our articles about ecommerce in the United Kingdom.
Last update: June 2019