|
|
‘Clicks & Mortar’ Consumer Durable Sales Increase in Europe
|
|
14/11/00
|
|
According to GfK, online sales of ‘clicks & mortar’ consumer durables are
currently growing in Germany, France, the UK, Italy and Spain more than
twice as quickly as those of suppliers who offer their products exclusively
on the Internet.
It is predicted that by the end of 2000, the online sales volume of ‘clicks &
mortar’ suppliers, (i.e. who sell both online and through physical stores)
will have outstripped that of purely e-business operators.
According to a study carried out by GfK Marketing Services, ‘clicks & mortar’
companies, specialising in consumer goods relating to audio systems, IT,
electrical household appliances, photography and telecommunications,
increased their online sales by 167% between February and July 2000, as
compared with the same period last year. By contrast, sales figures of pure
e-business suppliers increased by only 71%.
The online sales success of traditional retailers shows that price is not
the decisive factor when it comes to Internet purchasing. As a rule, goods
are offered at the same price on the Internet as in the shops. The prices of
pure e-business traders tend, in comparison, to be lower.
Up by 261%, entertainment electronics on the Web is the fastest growing
market segment, followed by the photographic equipment segment, which
increased by 239%. In general, it is the entertainment systems segment that
is enjoying the most dynamic growth. At present, sales in this sector
represents 27% of all consumer goods sold online. This is roughly equivalent
to the share of entertainment electronics of the total market for consumer
durables in conventional shops.
With 80% of all Internet-generated sales of entertainment electronics being
handled by ‘clicks & mortar’ suppliers, they have a far more important role
than pure online traders. For example, their share in photographic retail
sales amounts to 70%, whereas for IT products, the figure is only 40%.
According to GfK, Germany remains number one in e-business in terms of
consumer durables, followed by the UK and France.
|
| |
|