Beer
Online sales of beers, wines and spirits grew 38 per cent in February

Record £4.2bn spent online in February

UK shoppers flocked to booze sites before the Budget

Ian Williams

Over £4.2bn was spent online in the UK during February, equating to £69 for every person in the country, according to the latest IMRG Capgemini e-Retail Sales Index.

The all-time high represents a year-on-year increase of 46 per cent, which has surpassed the expectations of some analysts.

Advertisement

"Online sales growth shows no sign of abating, despite the clear pressure that the current economic climate is placing on retailers," said Anthoula Madden, vice president of the consumer products and retail team at Capgemini UK.

"However, fears of a global recession are a good reminder that e-retailers cannot be complacent and need to be even more creative to keep existing customers and attract new users.

"Innovation, and the ability to provide a truly integrated multi-channel offering, will be vital to winning through an economic slowdown."

The report also reveals some interesting variations in the year-on-year growth in individual sectors.

Internet shopping continues to be resilient despite the economic slowdown

Jo Evans Managing director, IMRG

The most obvious difference was a 38 per cent surge in the online sale of beers, wines and spirits.

Capgemini researchers attributed this to the anticipation of significant taxes levied in the Budget, as well as marking the end of January's traditional 'detox' efforts.

The clothing, footwear and accessories sector also remained positive, but saw slower growth in February of just 3.2 per cent after the January sales surge.

However, the previously burgeoning electrical sector saw a significant drop of 12.46 per cent compared to January. Similarly, fewer health and beauty products were purchased online, resulting in a 7.9 per cent dip in the sector.

"Internet shopping continues to be resilient despite the economic slowdown," said Jo Evans, managing director of IMRG.

"Price-conscious shoppers are using the internet to make their money stretch as far as possible, and online retailers are working harder than ever to give great customer experience."

Evans added that IMRG had noticed significant changes to retail websites since Christmas, as the main players respond to harsh market conditions.

"The best sites are empowering shoppers with vast amounts of detailed information, hosting customer reviews and providing tools to coordinate associated products," she said.

"They are doing everything they can to enable customers to be entirely comfortable in their shopping choices."

  • Have your say
  • Send to a friend
  • Print
  • Digg
  • Reddit
  • Share

Do you agree?

Related whitepapers

Related jobs

Most watched

Xperia X1

Video Review: Sony Ericsson Xperia X1

First Looks Editor Ian Williams gets hands on with the Sony Ericsson Xperia X1

iPhone

Video Review: iPhone 3GS

We put Apple's latest iPhone through its paces

IT white papers

Search white papers

Top categories

Poll

Poll: Summer smartphones

Poll: Summer smartphones

Which smartphone will you be taking to the beach this summer?

View poll results

Advertisement

Advertisement

Newsletter signup

Sign up for our range of FREE newsletters:

Existing User

Newsletter user login:

Enter email address to edit your newsletter preferences

Job of the week

Search thousands of IT jobs :

Search thousands of IT jobs:

Advanced search

Hiring now on ComputingCareers:

Related IT jobs

Search thousands of IT jobs :

Search thousands of IT jobs:

Advanced search

Spotlight

a padlock

Microsoft to plug security holes

Microsoft has given advance warning of a number of security...

Nokia handset

Top 10 articles, 10 July 09

No Nokia Android phone, ActiveX attacks and Google enters into...

Can Google beat Microsoft at its own game?

Google's announcement this week that it plans to step into...

iPhone

Video Review: iPhone 3GS

We put Apple's latest iPhone through its paces

Primary Navigation