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Uk ecommerce market
 

Uk ecommerce market

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    Uk ecommerce market Uk ecommerce market Presentation Transcript

    • Ecommerce Growth in UK
      Ecommerce growth data across Business Verticals driven by the online shopping pattern of UK consumers. Increasing buying spree among consumers would lift the Economy in 2011.
    • What is Ecommerce?
      Ecommerce refers to the buying and selling activities over products and/or services through the digital media. In brief, commercial activities over the Internet Media.
    • Ecommerce growth in UK (2011)
      By 2011, 32 million UK consumers will be shopping online adding the value of €76 billion. The region will be the second biggest spender in Europe.
    • Consumption driven growth
      The earlier growth projection is based on purely Consumption driven data. With a GDP growth rate of -0.5%, it can be assumed that developed countries have hardly any scope to add value by the infrastructure development. So Consumption growth is the future.
    • United Kingdom GDP Growth Rate
      • UK GDP growth contracted by 0.5 per cent in Q4 2010.
      • Construction output fell by 2.3 per cent.
      • Output in the service industries fell by 0.6 per cent.
      • Household expenditure fell 0.3 per cent.
      • Government final consumption expenditure rose by 0.4%.
      • Gross fixed capital formation fell 1.8 per cent.
      • Trade deficit in real terms increased to £11.5 billion.
    • Wedding Industry Data
      • The UK wedding industry is worth an estimated £5.5 Billion per year.
      • The average overall cost of getting married is £22,858.
      • Couples in London and the South East spend on average £23,932
      • Couples in Wales and the South West spend on average £18,991
      • 53% of couples pay for most of the wedding costs.
      • 35% of brides would consider cosmetic surgery for their wedding.
      So Wedding Industry and allied service sector growth
    • Key Facts on Apparel Industry
      • Contributes almost £4.8bn to the UK economy each year.
      • Around 156,000 people are employed in the industry.
      • Around 20,000 of these using design skills as part of their work.
      • There are around 35,000 businesses, of which around 23,000 are sole traders.
      • There are around 2,000 design consultancies in the industry, employing around 4,000 people.
      • The businesses in this industry tend to be small or medium sized.
      Scope for the small Biz to choose ecommerce platform.
    • Overview of UK Jewelry Industry
      • UK retail sector with total sales of US$ 515.7 billion in 2008.
      • UK Jewelry and watches retail market is valued at US$ 12.6 billion.
      • There are more than 7,500 specialty retail jewelry stores in the UK.
      • Jewelry Industry grew at a CAGR of 1.86% for the period 2004-2008.
      • A majority of the customers of the jewelry and watches retail market in the UK are women.
      Even the Jewelry Industry can fetch the benefit using the ecommerce platform.
    • UK tops in Soft Toys Sale
      • UK toy industry witnessed 6% growth in 2006
      • Sales figures show the UK has become the fastest growing toy market of Europe’s top five countries.
      • Similar levels of growth found in France, Germany, Italy and Spain. reported an average 3.5 per cent revenue increase over 2009.
      • Online selling has witnessed real spurt.
      The data above really inspiring for the Toy traders
    • Opportunity Ahead
      • Opportunities for the starters
      • Opportunities for the existing website owners
      • Opportunities for the small businesses
    • Forms of Opportunities
      • Global Visibility.
      • Exporting products/Services worldwide.
      • Brand Building.
      • Fan-Followers.
      • Franchising/Tie-ups.
      • Cost effective Online Store creation.
      • Low operational costs.
    • Thank You
      IQecommerce
      The Online Shopping Cart
      http://www.iqecommerce.com/