The UK voted to leave the EU in a referendum in June 2016! and is scheduled to leave this year, in Marchno-deal” Brexit would inevitably have a negative impact on Europe and the global economy, so a postponement of the withdrawal is desirable.
The UK is also known as the second largest e-commerce country after the US. The use of e-commerce sites is so high that data shows that 51% of British consumers prefer to shop online rather than in stores. In this article, we will look into the latest situation regarding cross-border e-commerce in the UK.
Brits love e-commerce
The UK’s BtoCEC sales in 2016 were 10.5% of total cyprus whatsapp data retail sales. Or $112.6 billion (approximately 12.3 trillion yen), ranking third in the world. Considering that the UK’s population is 63.7 million (about half the population of Japan), it is easy to understand why the UK has a higher EC usage rate than Japan.
According to an article in the Daily Mail, 82% of UK internet users regularly shop on e-commerce sites. The highest among the 28 EU member states. The majority of e-commerce shoppers are aged between 25 and 34, making an average of eight purchases per month. The top items purchased on e-
commerce sites in 2018 were car-related products (5,769 euros). holiday travel-related items (3,249 euros), food-related items (1,831 euros). And household appliances (1.570 euros). *Figures in parentheses are the average annual purchase amount per person.
In terms of payment methods, 40% use
credit cards, 35% debit cards. And 21% PayPal. With what changed with the icms ceiling in 2022? credit cards and debit cards being the most popular.
VISA and MASTER cards are the most popular credit cards. Credit card usage is high, and as a result card fraud is common, with losses amounting to approximately 703 million euros (approximately 88 billion yen).
The largest e-commerce site in the UK is Amazon (16% share). Followed by Tesco (9%), eBay (8%), and Asos.
A famous UK e-commerce site
Amazon is the world’s largest shopping site text services and the most frequently used site in the UK. There are many Japanese products on the site. And British consumers seem to easily purchase miscellaneous goods and cosmetics from outside the UK. Such as the US, from here.
Tesco is based in the UK and has retail stores in 13 countries overseas. Based on retailing clothing and food, the company has expanded its business to include finance, telecommunications, gas stations, and mail order.
eBay is the world’s largest e-commerce marketplace, with offices in 30 countries. The feature of eBay is that you can search for and purchase treasures, vintage items, and rare items that are hard to find on Amazon.