Irish Shoppers Enjoying BREXIT-Induced Currency Drops of the GBP

January 24 18:56 2017

Dublin – While there has been much debate over the UK’s recent decision to leave the European Union, shoppers in Ireland are not so quick to voice their concern. In fact, they are already reaping the benefits of the recently passed referendum. The UK’s official decision to separate from the EU (commonly known as BREXIT) has created an online shopping market in which Irish shoppers can easily enjoy savings not previously available.

With the announcement of BREXIT, British and European markets have been rapidly adjusting, leaving customers with the ability to save money on products they want and need every day. This year, the value of the GBP has dropped 13% in comparison to the Euro. While businesses scramble to keep up with this currency fluctuation, customers are seeing rare markdowns on high-quality products. Specifically, this decrease has allowed Irish customers to begin taking advantage of large savings on UK based product websites.

While Promocodes.ie works constantly to offer instant online savings, they also monitor customers shopping trends. Given the recent market shake-up in response to BREXIT, Promo Codes IE has reported a 65% increase in UK-based shopping compared to last year. With this rapid increase in sales for UK based businesses, Irish shoppers can expect even more saving to become available with time.

The highest growth areas are below:

Clothing and fashion – 82% increase
Electricals – 72% increase
Homewear and furniture – 71% increase

Food & Drink – 67% increase
Health & Beauty – 62% increase

Given the current market situation, shopping online has become the reliable and convenient way to save money. While some Irish shoppers will forego the pains of large retail stores, others will look online to grab a bargain and it seems now is the perfect time.

Contact:

Eoin Mcshane
hello@promocodes.ie


About Promocodes.ie

Promo Codes IE is leading the way in offering customers huge discounts on some of the UK’s most popular brands. At promocodes.ie, customers can save euros on products such as furniture, clothing and even groceries. The site features dozens of discount codes which customers can input immediately at the checkout. Rather than searching through sales papers, customers can now enjoy instant savings on the products they need the most. As of late, the most popular consumer products are clothing and fashion items. Irish customers are enjoying remarkable savings on brands like Boohoo, New Look, and Sports Direct. These are three of the top 10 brands featured on the site.

Quote from interviewees:

“I haven’t gone out of my way to shop on a high street for over a year. With the prices I can get online, it doesn’t make sense and with kids in tow I am happy to pay a little extra for delivery too!” – Dee 27, Dublin

“I don’t look past amazon for most of my shopping now a days!” – Tommy 45, Dublin

“Unless I’m browsing sale aisles in town I never shop in store. Its nice to look at things ‘in the flesh’ but I think everyone shops online now, don’t they? I bought a new hairdryer yesterday for £32, it was £45 in town!” Marie 32, Dublin

Media Contact
Company Name: Promo Codes IE
Contact Person: Eoin Mcshane
Email: hello@promocodes.ie
Phone: 016713111
Address:Parnell Cl
City: Dublin
Country: Ireland
Website: http://www.promocodes.ie

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