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Retail Intelligence: Over-50s Embrace Online Shopping

January 12, 2013
Profitero
Written By
Profitero

A new UK study has revealed how older age groups are embracing online shopping. The research by UK-based Callcredit Information Group has revealed that 24 per cent of 51- to 60-year-olds are now making purchases online.

The findings highlight how this age group is combining Internet shopping with offline purchases with 28 per cent of 51- to 60-year-olds shopping at supermarkets – compared to only 14 per cent of 18- to 24-year-olds. The study confirms how consumers of all ages are now happy to combine different shopping channels to purchase goods.

“Consumers are adopting increasingly complex shopping behaviours to get what they want,” said Ben Allott, business development manager at Callcredit Information Group. “The older generation are embracing online shopping scoring higher when purchasing groceries, holidays and airline tickets over younger consumers. For retailers, embracing technology and big data assets is a must if they want to acquire new customers, reach reactivate lapsers or retain and grow current relationships and compete against their competitors.”

© 2013 Profitero

About Profitero

Pricing intelligence company Profitero provides retailers with actionable price intelligence data, monitoring over 50 million products across 4,000 eCommerce retailers every day, observing pricing, promotions and stock availability. We work with the world’s leading retailers, enabling them to acquire new customers and grow profit margins by monitoring and responding to changes in competitor pricing and promotional activity as they happen. For more information on Profitero price intelligence and competitor monitoring, visit www.profitero.com or email sales@profitero.com

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