The Rise and Impact of Online Shopping in United Kingdom

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Added on  2023/01/05

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AI Summary
This report examines the growth of online shopping in the United Kingdom, highlighting its impact on the retail sector. It discusses the increasing adoption of e-commerce, driven by factors such as convenience and changing consumer behavior. The report analyzes the influence of online shopping on the UK economy, referencing data on revenue generation and market trends. It also considers the impact of events like the COVID-19 pandemic, which accelerated the shift to online platforms. Furthermore, the report includes references to relevant academic sources and journals to support its analysis. The conclusion summarizes the key findings, emphasizing the continued expansion and influence of online shopping in the UK market and its impact on different sectors.
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Rise of Online
Shopping in
United Kingdom
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Contents
MAIN BODY...................................................................................................................................3
Online shopping raises in United Kingdom...........................................................................3
CONCLUSION................................................................................................................................3
REFERENCES................................................................................................................................4
CONCLUSION................................................................................................................................2
REFERENCES................................................................................................................................3
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INTRODUCTION
The online retailing shopping is now a days most influence business activity in
worldwide as many online or e-commerce business setting their benchmark with their services
deliverables (Dixon and Marston, 2020). Similarly in United Kingdom there is vast change
prevails after entering of e-commerce services in market environment.
MAIN BODY
Online shopping raises in United Kingdom.
There is reason that how e-commerce has come up with their new unique style to increase
as well as influence people change their buying and shopping behaviour, now people easily
by their home appliances, groceries and other items through online shopping websites
(Wiseman and Poole, 2020). According to the recent figures National Statistics of United
Kingdom has generates new revenue in 2018 upto 688.4 billion GBP.
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The structure of online shopping in United Kingdom is getting more expanded by
inviting more and more customer along with purchase online, as per forecast of online
business is raises many opportunities as well as provides many offers in terms of less price
which is one of the reason where high streets has announced to develop is one of biggest
players within retail sector (Morganti, Dablanc and Fortin., 2014). One of reason in recent
times were due to COVID Situation in which many offline business were vanished and
shutter down from economic crises, but in reverse case Online business like Amazon,
Walmart and other small business which are regulated from online websites get succeed
effectively and raises many profit maximisation (Hand and et. al, 2019).
CONCLUS
From above report of online business in UK kin which many small and large online business
get success on the basis of high revenue and customer retention which increase United
Kingdom GBP. By presence of Covid-19 situation Online shopping takes this an opportunity
to provide different offers for attracts more customer and this makes flexible to customer by
approaching their product and services.
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REFERENCES
Books and Journals
Dixon, T. and Marston, A., 2020. UK retail real estate and the effects of online
shopping. Journal of Urban Technology. 9(3). pp.19-47.
Wiseman, G. and Poole, A., 2020. The Rise of Online Shopping: Could Servicescape Revive the
High Street?.
Morganti, E., Dablanc, L. and Fortin, F., 2014. Final deliveries for online shopping: The
deployment of pickup point networks in urban and suburban areas. Research in
Transportation Business & Management. 11. pp.23-31.
Hand and et. al, 2019. Online grocery shopping: the influence of situational factors. European
jour
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