{"id":205051,"date":"2017-11-27T11:50:48","date_gmt":"2017-11-27T11:50:48","guid":{"rendered":"https:\/\/www.finder.com\/uk\/?p=205051"},"modified":"2025-01-17T16:39:20","modified_gmt":"2025-01-17T16:39:20","slug":"press-release-november-2017-icebox","status":"publish","type":"post","link":"https:\/\/www.finder.com\/uk\/media\/press-release-november-2017-icebox","title":{"rendered":"Clever online shopping tool launched to combat the UK\u2019s \u00a31.06 billion impulse spending problem"},"content":{"rendered":"<p>27th November 2017- Icebox is an online shopping tool newly launched in the UK to help consumers adopt more considered purchases.<\/p><p><span style=\"font-weight: 400;\">Launched by price comparison site, finder.com, Icebox is a Google Chrome plugin that allows consumers to put their online basket items &#8216;on ice&#8217; for more time to consider their purchases. The Icebox plugin either replaces the &#8216;buy&#8217; button or works as a pop-up on over 400 of UK&#8217;s top online stores including ASOS, Next and Topshop.<\/span><\/p><p>78.2 percent of Brits admit to impulsive online spending<\/p><p><span style=\"font-weight: 400;\">The launch of Icebox follows research from finder.com that revealed 78.2 percent of British adults have fallen prey to impulsive online shopping, totalling to the tune of \u00a31.06 billion of spending each year. According to a study of over 2,000 adults, Brits spend around \u00a332.69 on average during each impulse spending session. Over one in five Brits (22.9 percent) make impulsive purchases every week.<\/span><\/p><p><span style=\"font-weight: 400;\">Of those admitting to an impulse online purchase, over one in four (25.7 percent) said they felt a sense of regret post-purchase. Icebox allows consumers to not only shop around, but to also set the cooling-off period for time to think about whether they should buy their desired items.<\/span><\/p><p>Jon Ostler, CEO of finder UK said: &#8220;So many of us are guilty of that late-night impulsive online purchase that we may not have had the budget for. Icebox is a useful tool for smarter shopping, giving you the opportunity to shop around for the best prices as well as keeping it on ice until your next pay day. Icebox is featured on UK&#8217;s top online retailers to revolutionise how people can window shop online.&#8221;<\/p><p>Please find key demographic stats below.<\/p><ul><li>78.2 percent of Brits make impulsive purchases online<\/li><li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Of these shoppers, 64.9 percent do so at least once a month, 22.9 percent impulsively shop weekly<\/span><\/li><li>On average, Brits spend \u00a332.69 during each impulsive shopping session<\/li><\/ul><p><span style=\"font-weight: 400;\">Gender<\/span><\/p><ul><li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Interestingly, men impulsively shop online more frequently than women, with 66.4 percent of men doing at least once a month compared to 63.4 percent of women<\/span><\/li><li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">9.5 percent of men splurge every day compared to 4.8 percent of women<\/span><\/li><li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Males spend \u00a336.97 per online impulse session, compared to women who spend \u00a328.61<\/span><\/li><li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Women have a greater sense of post-purchase regret, sitting at 29.3 percent compared to 21.8% for men<\/span><span style=\"font-weight: 400;\"><p><\/span><\/li><\/ul><p><span style=\"font-weight: 400;\">Generation<\/span><\/p><ul><li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Millennials shop online more frequently than any other generation, with 81.3 percent doing so at least once a month. Gen Xers follow at 68.3 percent, and Baby Boomers come in last at 49.6 percent<\/span><\/li><li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Nearly 1 in 5 Millennials (18.7 percent) conduct an impulse shop every day, compared to 5.1 percent of Gen Xers and just 1.8 percent of Baby Boomers<\/span><\/li><li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Millennials lead the way with online impulsive purchases at \u00a338.33 per session on average, followed by Gen Xers at \u00a331.39 and Baby Boomers at \u00a330.51<\/span><\/li><li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Millennials are also most likely to feel contentment after their impulse purchases, sitting at 49.0 percent, followed by Gen Xers at 40.0 percent and Baby Boomers at 31.8 percent<\/span><\/li><li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Gen Xers are most likely to experience regret (30.5 percent), followed by Millennials (33.5 percent) and Baby Boomers (16.0 percent)<\/span><\/li><\/ul><p>Region<\/p><ul><li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Those residing in the North East lead the way for daily online impulse buys (16.3 percent), followed by London (11.5 percent) and the East Midlands (8.3 percent)<\/span><\/li><li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Those residing in London (\u00a349.84), West Midlands (\u00a337.72) and the North East (\u00a337.31) spend the most per session online<\/span><\/li><li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Those spending the least per online session reside in the South West (\u00a324.73), Wales (\u00a325.88) and East of England (\u00a326.25)<\/span><\/li><li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Of qualifying regions, those most likely to experience contentment: the North East (45.7 percent), Scotland (44.5 percent) and London (43.5 percent)<\/span><\/li><li>Regions most likely to experience regret: Wales (33.8 percent), London (29.5 percent) and the South West (29.1 percent)<\/li><\/ul>","protected":false},"excerpt":{"rendered":"<p>Icebox is an online shopping tool newly launched in the UK to help consumers adopt more considered purchases.<\/p>\n","protected":false},"author":385,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"apple_news_api_created_at":"","apple_news_api_id":"","apple_news_api_modified_at":"","apple_news_api_revision":"","apple_news_api_share_url":"","apple_news_cover_media_provider":"image","apple_news_coverimage":0,"apple_news_coverimage_caption":"","apple_news_cover_video_id":0,"apple_news_cover_video_url":"","apple_news_cover_embedwebvideo_url":"","apple_news_is_hidden":"","apple_news_is_paid":"","apple_news_is_preview":"","apple_news_is_sponsored":"","apple_news_maturity_rating":"","apple_news_metadata":"\"\"","apple_news_pullquote":"","apple_news_pullquote_position":"","apple_news_slug":"","apple_news_sections":[],"apple_news_suppress_video_url":false,"apple_news_use_image_component":false,"footnotes":""},"categories":[3788],"tags":[],"asset_tag":[],"class_list":["post-205051","post","type-post","status-publish","format-standard","hentry","category-media"],"apple_news_notices":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.9 (Yoast SEO v24.9) - 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