Archive for the ‘Online Auction News’ Category

Online sales help improve overall retail picture

Thursday, April 15th, 2010

New research has shown the success of online sales over the past month, painting the overall retail picture.

Data released by the British Retail Consortium and conducted by KPMG found that non-food and non-store sales in the UK were up by 15.9 per cent in March, compared to the same month a year earlier.

Furthermore, internet, mail-order and phone sales were also up on February 2010’s year-on-year increase of 15.5 per cent.

Helen Dickinson, head of retail at KPMG, said that the fact that Easter fell into the March 2010 period had helped to improve the picture.

“Without this uplift a gloomier picture would have emerged – concern about the future continues to weigh on consumers’ minds and the outlook for spending remains uncertain,” she added.

These figures were backed up by recent data from Likemind and Vision Critical, which found that 90 per cent of UK consumers went online to look for new items to buy, rather than visiting the shops.ADNFCR-2524-ID-19722293-ADNFCR

Online shopping set to get the tills ringing in 2010

Friday, April 9th, 2010

The number of people using online channels to search for their latest purchase is set to overtake traditional in-store shopping, according to new research.

Data from Likemind and Vision Critical found that 90 per cent of UK consumers fired up their computer to look for new items to buy rather than take a trip to the shops.

Furthermore, around 50 per cent of those polled said that they received a better level of service by using the internet than they did when opting for the face-to-face interaction of high-street shopping.

Nick Jefferson, chief executive of Likemind, said that putting the customer at the centre of the shopping experience was key for businesses if they want to build up brand loyalty.

“This really puts the pressure on companies to work hard to understand their website user needs and learn from analytics how visitors are behaving on their site,” he added.

Recently, it was reported that online sales during February were given a boost by Valentine’s Day.ADNFCR-2524-ID-19712619-ADNFCR

UK is biggest online shopping market in Europe

Thursday, March 11th, 2010

The UK is home to the largest online shopping market in Europe, according to new data.

Forrester Research found that the UK is to sustain a double-digit growth over the next five years, with the number of people using the internet to find and buy products rising from 31 million to 40 million in that time. This will see online retail hit £36.4 billion pounds in this country alone.

Furthermore, the research found that 48 per cent of UK consumers currently use the internet to make monthly online purchases. This is the highest number in Europe, with the average for the rest of the continent sitting at 32 per cent.

Sucharita Mulpuru, vice president and principal analyst at Forrester, said: "The retail innovators over the next five years will demonstrate customer enablement across all touchpoints, not just via a PC-based web browser."

It was revealed earlier this year in a study by the British Retail Consortium that online growth has risen by four per cent on 2009.ADNFCR-2524-ID-19663531-ADNFCR

Young people encouraged to photograph best of Bristol

Tuesday, February 23rd, 2010

Photography is often touted as one of the best ways to capture a moment or document an event.

Now, young people in the south-west are being encouraged to take up photography as a hobby in the form of a new competition, thisisbristol.co.uk reported.

Individuals aged 19 and under are eligible to take part in the contest, with the winning images to be displayed during May’s Bristol Festival of Photography.

Participants are divided into different age categories – the under fives, five to 11, 11 to 14, 14 to 16 and 16 to 19.

There is no limit to a photographer’s subject, so young people can really be creative about their image choices.

Luckily, there is no shortage of things to photograph in the city. From the Clifton suspension bridge to the SS Great Britain, there are a number of subjects to catch a budding photographer’s eye.

This year will see the first Bristol Festival of Photography, with the event taking place between May 20th and June 9th.ADNFCR-2524-ID-19630941-ADNFCR

Online retail sees 4% growth on last year

Thursday, January 14th, 2010

Online retailers are seeing a positive rise in sales figures, according to new research by an industry expert.

The British Retail Consortium said that online retail growth is far outshining overall retail growth, with sales rising 4.2 per cent on a like-for-like basis compared with December 2008.

A statement by the group said that the sharp increase in online retail between November and December shows that customer confidence in websites is growing.

Sharon Hardiman, head of non-store retailing at the consortium, said that Christmas produced the strongest online sales growth of the year for non-food goods.

"Non-store sales are only about four per cent of overall retail sales but are growing much more rapidly as people become increasingly confident about shopping this way. For some, severe weather made shopping online more attractive than going out," she added.

Online also had advantages over shops during the Christmas period, with people being able to access early sale stock even when stores had closed for the festive period.ADNFCR-2524-ID-19558219-ADNFCR

 

Online sales ‘a welcome Christmas present for retailers’

Monday, January 11th, 2010

Online shoppers have helped to ensure a successful Christmas period for the nation’s retailers, according to an industry expert.

David Smith, director of operations at IMRG, said that internet activity over the festive period became part of most people’s shopping routines, whether this was emailing friends, social networking or surfing for bargains.

"Online retailers were able to benefit from this changing consumer behaviour by achieving record sales volumes with many sales and offers starting on Christmas Eve," he added.

It was also found that the Royal Mail strike action did not deter people from placing orders in the weeks before Christmas. Furthermore, 41.3 per cent stated that they are planning to spend more online next December after having a positive festive shopping experience last year.

Chris Russell, director at eDigitalResearch, added that retailers offering much later delivery dates for Christmas orders had helped increase revenue for the 2009 festive period.

Earlier this week, House of Fraser stated that it had posted a 91 per cent online sales jump in the run-up to Christmas.ADNFCR-2524-ID-19550667-ADNFCR

 

Online sales help businesses enjoy Christmas period

Friday, January 8th, 2010

The sheer volume of online sales over the Christmas period has helped businesses enjoy the festivities, in spite of the current economic crisis.

New figures from Retail Decisions said that there was a 21 per cent surge in online sales to an estimated £49.8 billion last year, with more than 33 million Britons having bought products from the world wide web.

Carl Clump, chief executive of the firm, said: “In 2009, 30 per cent of online sales took place in November and December, underlining the importance of the holiday season to retailers.”

Mr Clump added that the top sellers over the Christmas period included necessities such as white goods for the kitchen, closely followed by the likes of laptops, LCD TVs, digital cameras, games consoles and iPhones.

It is also thought that the current wintery weather will help to boost online sales, with people unable to get out to the shops.

An example of this is that online betting websites have seen an upturn, with people unable to get to the bookies or having to find alternatives with horse racing meetings being called off.ADNFCR-2524-ID-19547926-ADNFCR

Online benefits championed by BBC gadget expert

Tuesday, January 5th, 2010

Gadget fans and bargain hunters have been told that online is the way to go in 2010 by a BBC television expert.

Nikki Moore, the gadget ace for Sunday morning’s Something for the Weekend, said that with people’s lives becoming increasingly busy, online was going to be the best place to do shopping in 2010.

“That way there are price comparison sites, as well as the opportunity to look at three or four online shops in ten minutes, whereas that might take you an hour on the high street,” she added.

Ms Moore also said that people should not feel like they need to go out and get “crushed in the sales”, as they could find plenty of bargains by popping online.

“It’s definitely the best way,” she added.

According to TechWatch, some of the products which will prove to be popular online sellers in 2010 include Blu-ray players and the PlayStation 3.ADNFCR-2524-ID-19539226-ADNFCR

Wireless tech and 3D TV tipped for 2010 success

Monday, January 4th, 2010

Gadgets will continue to be hot property in 2010, with wireless technologies and 3D TV tipped for success in 2010.

Nikki Moore, gadget expert for the BBC’s Something for the Weekend programme, said that she also expected the PlayStation 3 to be a top seller this year.

“There will be much more wireless technology around – things like iPod chargers you can use to charge without connecting wires. Then there will be 3DTV, which is very up and coming,” she added.

Ms Moore also said that the 3D capabilities of Blu-ray will also prove to be a big hit, with the disks being able to store a lot more information than a standard DVD.

With people looking for gadgets which pack more into less, Ms Moore recommended e-readers as a product which has sold well over the Christmas period, while handheld camcorders are also retailing at a very good price.ADNFCR-2524-ID-19537948-ADNFCR

Online shopping helps to smash Boxing Day sales records

Monday, January 4th, 2010

Boxing Day sales have smashed all previous records, according to a number of media outlets.

Sales on Boxing Day and December 27th were the busiest e-retail days of the year, with traffic exceeding the pre-Christmas peaks of December 6th and 7th.

Colette Wade, marketing director at analytics firm Webtrends, said that online retailers have distinguished themselves from high street shops by giving consumers offers and access to a huge array of products “without a huge amount of effort”.

“Product offers, niche items and new collections are announced to consumers using social media, so you really can get the right product with ease as a result of the continued growth in shopping online,” she said.

Ms Wade added that online shopping has provided people with a variety of different resources at the simple click of a button.

Earlier in December, IMRG predicted a surge in online shopping throughout the festive period, with 4.3 million shoppers expected to go online on Christmas Day alone.ADNFCR-2524-ID-19537958-ADNFCR