Small online retailers represent 37% of total online retail sales over the past 12 months, according to a report by Quantium. Though growth rates vary month-to-month, small online retail spending is trending much higher than past periods, tracking an estimated 22.2% higher than a year ago. These retailers are primarily based in Personal & Recreational, […]
Gen X dominates online spend
Online shopping is not, it seems, the exclusive domain of teenagers and Gen Y, according to a report by Quantium. Online spending is dominated by the 35 to 44 year old market Although those aged 35-44 make up approximately 17.2% of the adult population, their share of online spend is the highest at 24.2%. This is closely followed […]
Online sales for takeaway food grow dramatically
According to a report by Quantium, homewares, groceries, media, and fashion continue to dominate total spend of online retail, but the fastest growth is in takeaway food. Share of spend The top 4 categories – homewares, groceries, media, and fashion – account for 70% of the total amount of online spending as at June 2016. […]
NSW dominates share of online spend
When it comes to a state-by-state comparison, total online spending is dominated by the three major Eastern States (NSW, VIC & QLD) at 76%, according to a report commissioned by Quantium. Figures from the Australian Bureau of Statistics suggest that the total online retail spend for each state & territory closely mirrors the population of […]
Domestic online spend dominates
According to a recent report commissioned by Quantium, 81% of all online spending in Australia is domestic. Year-on-year (YoY) growth rates for online spending is currently at 16.9% and this greatly outstrips the growth in international online sales which is only 0.9% YoY. A key factor behind this has been the depreciation of the Australian […]
Growth of online shopping slows
Australians spent a total of $20.1 billion in online retail shopping in the 12 months to June 2016, according to a new report commissioned by data analysts Quantium. This total is still well below the amount spent on traditional bricks and mortar retail, which came in at $296.9 billion for June 2015 to May 2016. […]