Overall Market Share increases by 45%
Hardware Market Share increases by 486%
Number of customers up by 63%
London 28 th March, 2013 – ShopTo.net, The UK’s largest videogame and entertainment independent online retailer, today reported extraordinary growth results for 2012, despite the UK videogame market seeing sales down by 26%.
Data from the official chart company, Gfk Chart Track, shows an increase of 45% in market share in videogame software sales for ShopTo.net who have continued with their phenomenal growth into 2013.
The first week UK market share for ShopTo.net for recent games include:
Metal Gear Rising (13%),
Persona Golden (25%),
Bioshock Rapture (36%),
Ni No Kuni Collectors Edition (31%)
Anarchy Reigns with a (26%).
Hardware sales, led by Xbox360 peak promotions and a very strong Nintendo Wii U launch were also robust for ShopTo. With an 8.6% Wii U market share during the launch period and helped the online retailer achieve a 486% growth in console market share for 2012.
"We’ve had a fantastic 2012 and are delighted with these figures which confirms our strategy for great promotions and extraordinary value on entertainment purchases is reaping rewards." said ShopTo CEO, Igor Cipolletta. "We have started 2013 with equally amazing results and believe it will continue with PlayStation 4 and Xbox 720 just around the corner. “
In the last year consumers have been turning to online retailers as the High Street entertainment retailers have struggled with GAME, HMV and Blockbuster falling into administration.
“The High Street is an expensive place to buy your entertainment and it is very inconvenient for people that now have to travel long distance for their games or movies.” continued Igor “We have benefited from consumer confidence in our proprietary inventory dispatch system which ensures they receive their item the day after ordering.”
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Shopto.net is an online retailer selling video games, movies and electronics. The company, launched in early 2006 by CEO Igor Cipolletta, is based in Bracknell, United Kingdom. ShopTo.net is the largest privately owned website in the UK with a recorded turnover of £29M in their last financial year.
ShopTo.net announced their acquisition of FetchTV the video-on-demand business on April 16th, 2012 as part of a £4m deal to offer digital movie streaming to its customers.