
By
Ian McCaig
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So what are the specific buying habits of U.S. shoppers and how can U.K. online retailers use this knowledge to their advantage?
Our data reveals that despite U.S. consumers comprising only 4 percent of total visits to U.K. e-commerce sites, those that are shopping are extremely valuable, spending up to 3.88 times more than the average U.K. customer. To put that into revenue terms, that equates to a market size of around £11 billion annually based on current stats. However, the challenge with this group is that while they make up 4.12% of total traffic, they account for only 0.68 percent of conversions. Reasons for this could include no on-site functionality to display the price in dollars or perhaps restrictions on international shipping.
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