Festive cheer ahead for online retailers

New report shows UK leads Europe in online shopping

Written by Phil Muncaster

Online retailers can expect another bumper Christmas this year according to a new report by analyst firm Forrester released this week which predicted European merchants will make 51bn Euros between October and the end of the year.

The largest internet retail market in Europe is the UK, with a predicted 20bn Euros in online sales generated by over 27 million shoppers.

"The categories that show the biggest uplift are the typical gift items – books, videos, and DVDs, jewelry, toys, video games, consumer electronics and alcohol," said the report. "Despite a smaller Christmas season boost, the leisure travel category will claim most online sales- responsible for 31 percent of Christmas sales."
The report also warned firms to gear up now for taking Christmas shopping orders, highlighting that some consumers start their Christmas shopping as early as October.

Forrester senior analyst Victoria Bracewell Lewis said online merchants should offer a wide variety of payment and delivery methods if they want to take advantage of the increasing popularity of online shopping.

"Online retailers who provide their customers with reliable, quick and reasonably priced delivery options will be this season's big winners," she added. "And, it's important to spell your dispatch services, especially in light of recent strikes within the Royal Mail."

Tags:

Further reading

Online fraud rises again

Latest Apacs figures show drop in online banking fraud but big rise in card-not-present losses   More...

IMRG launches first Online Green Awards

Dell and Lastminute.com among the winners   More...

Online sales to triple in five years

Verdict sees biggest boom since dotcom bust   More...

Internet presence brings Christmas cheer

Clicks and mortar e-commerce firms beat the high street at Christmas selling   More...

Related articles

Digital payments replacing cash

All change as consumers turn to non-cash alternatives   More...

Brits go web shopping on Christmas Day

Millions of surfers do a spot of Yuletide bargain hunting   More...

2007 set to smash online fraud records

Cyber crooks gear up for the holiday season   More...

E-tailers reap $28bn festive bonanza

Online sales up 19 per cent on 2006   More...

Do you agree?

Advertisement

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

Advertisement

Watch

23 Jul 2008

2.99 MBSmall time security, official 'spying' requests and a spammer jail break More...

22 Jul 2008

3.22 MBSat-nav crashes, open source security and female gamers More...

21 Jul 2008

3.12 MBGlobal internet reach, online spending and the space race More...

Poll

EUROPEAN E-COMMERCE

EUROPEAN E-COMMERCE

Are you happy making an online purchase from another European country?

Previous poll results

Newsletter signup

Sign up for our range of FREE newsletters:

Existing User

Newsletter user login:

Enter email address to edit your newsletter preferences

Spotlight

Security

Major DNS flaw revealed

Experts sound alarms over early disclosure   More...

Nintendo DS

Dodgy Chinese Nintendo chargers recalled

Experience could shock some users   More...

Advertisement

Houses of Parliament

Official 'spying' requests top 500,000

Information includes web records and itemised phone bills   More...

Hacking

Small firms naïve about security

SMBs remain prone to attack, says study   More...

Advertisement