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Latest figures released for UK online sales

The Office for National Statistics (ONS) has just released its latest figures, which highlight ongoing growth in the e-commerce sector and estimates UK online sales to be approximately £505.1 million in the month of July.  It’s a figure which shows a growth of around 14.2% when compared to the same month last year.

In fact, figures released by the ONS  show a  surprising growth across the whole retail industry with overall sales sales up by 2.8% on this time last year. It’ gives hope that the ‘double dip’ recession we are currently experiencing isn’t as deep as first thought and shows that this time around consumers are more optimistic about a swift recovery.

Many have speculated that sales figures would be boosted by the influx of tourists to this summer’s Olympic Games, but we won’t know how much effect that has had until next month. What we do know however, is that many UK retailers will have seen new potential customers through their doors and a good number will take a new awareness of UK brands with them when they return home after the games.

So if your business isn’t geared up for cost effective worldwide delivery, you may want to think about setting up a good courier service now. (Sparkstone offer a range of software modules to integrate with your courier of choice and current API support includes UPS, City-link, DPD and Parcelforce)

Capgemini e-Retail Sales index shows similar growth

The latest statistics released by Capgemini back up these numbers with figures showing a 9% increase for online sales compared to June, which equates to roughly £6.5bn spent online by the UK population in July.

It’s a figure made up partly by the phenomenal growth in M-commerce (mobile shopping), which has seen a 313% increase on the same period last year and shows little sign of slowing down. In fact, online only retailers have reported year-on-year growth of 19.5% in July, surpassing multichannel retailers for the seventh month in a row (15%).

So not only has the UK retail sector been boosted by Olympic tourism, it has also been redirected as locals switched to online channels as a way of avoiding the crowds on the high street, with many going one step further and booking holidays online to get away from the UK entirely!

Read more about some of the mobile commerce success stories that Sparkstone has delivered.

One comment on “Latest figures released for UK online sales

  1. tienda de bebes online
    September 9, 2012

    Hi there, I discovered your blog by the use of Google at the same time as looking for a comparable topic, your site got here up, it seems great. I’ve added to my favourites|added to my bookmarks.

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This entry was posted on August 29, 2012 by in business, ecommerce, online marketing, Retail news, Trends.

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Sparkstone Retail Software manages customers, products & orders from multiple channels. Packed with over 50 modules to improve your productivity, your customers' experience and ultimately your profitability.

Whether you have fifty outlets or a single store, one warehouse or many, we supply one of the most fully featured epos, ecommerce and mobile commerce solution available.

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