12 months ago, no one could have predicted how it would all unfold. Now, after a year of shifting consumer behaviours, we look at some of the most dramatic shopping stats caused by the pandemic
Pandemic Performance of Retail Giants
๐ Primark lost ยฃ1.1 billion in sales due to lockdowns due to store closures across its global estate. Retail Week
๐ 93% of the UK population bought something on Amazon last year. Pattern
๐ 28% said they changed the online retailers they bought from in the last year. Pattern
๐ Nearly 60% of shoppers said they visited Amazon last year to find products they were unable to find in stores, while 40% said they went to Amazon after being unable to find what they were looking for online. Pattern
๐ Ikeaโs website visitors rose toย 260 million, 16% increase YoY. Retail Week
๐ Ikea online sales climbed 30% year on year YoY. Retail Week
๐ Etsy saw 128.7ย % growth during Q4 2020. $100 million more than analysts expected. Charged Retail
๐ Etsy drove 61 million new or reactivated shoppers to the platform in the last quarter. Total sales for the year amounted to $10.3 billion. Charged Retailย
๐ Ebay saw revenues rise nearly 30% during in Q4 2020. Charged
๐ 1 in 4 online shoppers bought on eBay over the Christmas season. Charged
UK Pandemic Online Shopping Stats
๐Online sales growth hit a 36.7% in 2020 compared to 2019. The highest growth since 2007. IMRG
๐ Total online spending in 2020 reached โฌ141 billion, accounting for 30% of ALL retail sales for the first time. eMarketer
๐ Electricals was the product category that saw the highest growth, an increase of 91% compared to the previous year. IMRG
๐ Home & Garden came in at second place with 74% growth. IMRG
๐ Health & Beauty was also a clear winner during the Pandemic with 64% growth.IMRG
๐ Online Gifts also saw a significant increase with 32% growth. IMRG
Global Pandemic Shopping Consumer Stats
๐ 60% of consumers have seen an increase in their online spending since the Covid-19 outbreak.
๐ 55% of consumers shop online more frequently than they did before the pandemic.
๐ 70% are more likely to shop elsewhere if they canโt find products quickly online.
๐ 40% of consumers spent more time comparing prices and offers with other websites over the last 12 months.
๐ 44% of consumers tend to make at least one unplanned purchase of an item with every online transaction made.
๐ 86%of shopper say that a simple online experience is very important to them.
Source: Magento
AUTHOR
Laura Roche Marketing Executive, Scurri
Laura Roche is a Marketing Executive at Scurri, managing social media and content marketing. Laura shares breaking news in the eCommerce space with our readers as well as sharing insights across the delivery and logistics landscape.