UK home shopping is moving online. The traditional channels are struggling, with big book catalogues facing serious woes, most of them seeing a decline in combined hard copy and electronic sales. The home shopping market is driven mainly by e-commerce, which has now overtaken mail order as the largest home shopping channel.
This migration has also changed the profile of the home shopping customer. The market is increasingly polarised between younger, more affluent online shoppers and the more mature, often less affluent catalogue (particularly big book) shoppers.
UK home shopping is moving online. The traditional channels are struggling, with big book catalogues facing serious woes, most of them seeing a decline in combined hard copy and electronic sales. The home shopping market is driven mainly by e-commerce, which has now overtaken mail order as the largest home shopping channel.
This migration has also changed the profile of the home shopping customer. The market is increasingly polarised between younger, more affluent online shoppers and the more mature, often less affluent catalogue (particularly big book) shoppers.
The growth of e-tail has brought an influx of external players to the home shopping market. Home shopping specialists now face intense competition from store-based retailers operating online. Having a well-known retail brand with a strongly integrated multi-channel approach is a potent combination, as shown by John Lewis, Tesco and Next.
“Online travel-based resources or booking facilities need to offer a dedicated mobile experience in order to ensure that they maintain market share over 2012 and 2013, as browsing from mobile devices becomes more frequent both at home and abroad. Creating an online presence that consumers can return to with reviews and comments post-holiday will ensure long-term patronage and help with a strong, persistent
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Mintel predicts that e-commerce will more than double its share of all retail sales by 2013 – but neither the pure player or multi-channel model will emerge as the clear winner during that period.
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