The Netherlands: Total Homeshopping sales in all channels reached over 8 billion USD in 2008 |
| 6/4/2009 6:14:23 AM |
According to a recently released study by market research agency Blauw Research, the Dutch homeshopping sector realised in 2008 a total sales in all channels of $ 8,03 billion ($ 490 per capita). This means an increase of 14.3% against 2007. Most of these sales were generated by the online segment: $ 7,13 billion ($ 430 per capita). The increase of 14.3% of the homeshopping branche is remarkable given the downgoing economic climate in 2008. The increase of online expenditures was even 24% compared to 2007. The increase outpaced by far the increase of the retail sector growing with 3.9% in 2007, according to the Retail Agency HBD.
Homeshopping versus retail Consumers spent in 2008 $ 8,03 billion for products and services by means of Internet, catalogues, mail, et cetera. The traditional retail sector in the same year realised a turnover of $ 124,58 billion according to the HBD. This means that the share of homeshopping in retail sales has increased from 5.09% in 2007 to 5.76% in 2008. The share of the homeshopping sector in retail excluding services such as food, travel, insurance and tickets amounts to 3.5%.
16.5% increase non-food versus 1% increase non-food retail Wijnand Jongen, director Thuiswinkel.org: the growth of non food within total homeshopping is particularly remarkable. If we leave out travel, food, tickets, financial and other services the non-food segment grew with 16.5% in 2008 compared to 2007. For online consumer spending this is even 35% more than in 2007. And that compared with the 1% increase (source: HBD) of non-food retail in 2008.
Online generates almost 89% of total homeshopping Total online sales amounted $ 7,13 billion in 2008 compared to $ 5,33 billion in 2007. This means that the percentage of online sales in total homeshopping was a staggering 88.8%, an increase of 5.6% compared to the 83.3% in 2007.
For 2009 Jongen forecasts again a drastic increase in spite of the economic crisis and a downgoing consumer confidence: “Consumers will use the web more and more for buying and will use the online channel more often. We expect total spending to be around 6.5 billion euro, 6 billion of which will be generated by online”.
Hereunder the development of total homeshopping, including internet, mail, catalogues etc. and online over the years:
Sales all channels (in $ billion) 2003: $ 2,84 2003: $ 1,40 49.4% 2004: $ 3,53 2004: $ 2,09 59.2% 2005: $ 4,06 2005: $ 2,75 67.8% 2006: $ 4,63 2006: $ 3,54 76.4% 2007: $ 6,41 2007: $ 5,33 83.1% 2008: $ 8,03 2008: $ 7,13 88.8%
Source Thuiswinkel.org- June 2008
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