BA40054E Researching Business Data: Rise of Online Shopping, UWL

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Added on 2023/06/17

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RISE OF ONLINE SHOPPING
INTRODUCTION
Online shopping is a key trend of the modern world. The main aspect or
factor which gave rise to online shopping is E-commerce which is
developed through the technological revolution and development took
place in the past 2 decades. The reason for choosing “Rise of Online
Shopping” is the regular development and upgradation taking place in
the technology industry and the increasing importance of it in day to day
life of people and businesses. Some key components are as follows:
• Increasing usage of online platforms
• Digitalization
• Globalization
CONCLUSION
• The Data gathered clearly represents the rise of online platforms,
but the critical aspects is the increasing use of e-commerce
amongst the youngsters and the youth of the society.
• The data showcases the rise of online shopping amongst the years
2018 and 2019.
• The changes is being marked and determined in %.
AIM AND OBJECTIVES
• To analyze the change taking place sales or to denote the rise of
online sales of goods and services.
• To determine the changes in online sales through analyzing the
data of year 2018 and 2019.
• To determine the rise of online shopping by comparing different
age groups.
METHOD OF CONDUCTING THIS RESEARCH
• Secondary data is used to conduct research for this assignment.
• The data is gathered from the official platform of Office of
National Statistics (ONS).
• The URL of the website is <
Online shopping, by age group, 2018 to 2019, Great Britain - Offic
e for National Statistics (ons.gov.uk
)/>
RESULTS AND FINDINGS
• The data gathered from Office of national statistics and the graph
developed clearly represents the continuous rise of online shopping
by taking the age group as the basis. The data table is presented
above with the graph.
• According to the graph it is clearly represented that in the year
2019 the use of digital platforms has increased in all age groups
that is from 16 to 34 and 35+.
• The graph represents the use of social platforms and the gradual
growth rate in different age group.
• This provides the analysis that social platforms and their usage is
being increasing steadily and in the present scenario the rise in
online shopping is also taking place.
• People of all age are preferring the use of social channels and e-
commerce to shop at their own convenience and will. The date
clearly states the growth of digital platforms.
REFERENCE
Online shopping, by age group, 2018 to 2019, Great Britain, 2021.
[Online] Available Through: <
Online shopping, by age group, 2018 to 2019, Great Britain - Office for