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E-Commerce & Online Auctions in the UK: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

E-Commerce & Online Auctions Market Research Report | SIC G47.910 | Feb 2017

Just a click away: Consumers are expected to increasingly shop online to find the best deals

IBISWorld’s E-Commerce & Online Auctions market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Amazon.com Inc Amazon.com Inc market share
Shop Direct Group Shop Direct Group market share
Industry Statistics & Market Size
Revenue
£24bn
Annual Growth 12-17
8.9%
Annual Growth 17-22
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Profit
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Employment
100,306
Businesses
19,054
Industry Analysis & Industry Trends

Retailers in the E-Commerce and Online Auctions industry sell a wide variety of goods through online portals only. Over the past decade the industry has undergone considerable change. Formerly a declining industry that focused on mail orders and direct sales via television, radio and telephone, the industry has been reinvigorated by the growth of internet services. Over the past five years, increased IT adoption and computer literacy have led to an increasing number of consumers purchasing goods online. Technological advances have led to rapid increases in internet speeds, which has supported revenue growth. Additionally, the proliferation of internet-enabled devices means consumers can easily shop for goods at their own leisure... purchase to read more

Industry Report - Starting a New Business Chapter

The E-Commerce and Online Auctions industry has low barriers to entry. The rapid entry of a number of new players over the past five years indicates the ease of entry into the industry. Due to the wide range of industry services, potential entrants can target a specific niche market and earn significant profit. Additionally, the costs of establishing online retail operations are low, which supports the entry of smaller players to the industry. Depending on the type of products being sold by the prospective retailer, large marketing budgets are not immediately required if the retailer seeks to only sell to a niche group. Online advertising systems such as Google AdWords offer a straightforward and affordable means of marketing a business to particular online audiences. How.. purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the E-Commerce & Online Auctions Industry?

Operators in this industry retail a wide variety of products via the internet, mail order, TV and phone. Online auction sites are included, but the sale of motor vehicles and motor vehicle parts is not covered. The industry also excludes retailers that have a high-street presence but also sell products through the internet and other channels.

Industry Products
Consumer electronicsFood and groceriesClothing, footwear and accessoriesDigital music and e-booksCosmetics and fragrancesSporting equipment, toys and games
 
Industry Activities
Selling goods onlineSelling goods via mail orderSelling goods via online auctionsSelling goods via phone and TV


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