UK Ecommerce on Track to be Worth 17.8 Billion Euros

A report from the Ecommerce Foundation says the UK grew to €15.6 billion in 2017. This same report shows that business-to-consumer e-commerce turnover in the UK increased 13.7 billion pounds (15.6 billion euros) last year. This translates to a 13.65 percent increase for next year. If the predicted growth rate of 14.3 percent rings true, the UK could be worth 17.8 billion euros.

Consumer Behaviour

The Ecommerce Foundation also revealed interesting details on consumer behaviour that every retail business owner will find useful. According to the study, 16.4 percent of total retail sales comes from the internet, compared to 14.7 percent in 2016. Nearly half of UK online consumers use their mobile phone or tablet first to search for products, then use their desktop to place their order.

93 percent of online UK shoppers are making purchases from UK retailers, while 31 percent are shopping with retailers in the EU. Their item of choice? Clothing is still the top choice for online shoppers in the UK, at 64%. Other online purchases (by category) include:

  • Travel and holiday accommodation – 58%
  • Household goods – 58%
  • Films/music – 43%
  • Tickets for events – 42%
  • Books/magazines/newspapers – 36%
  • Computer software – 31%
  • Electronic equipment – 29%
  • Food/groceries – 29%
  • Telecom services – 22%
  • Medicine – 13%

That being said, 93 percent of online shoppers also choose to shop in-store. Why travel to a brick-and-mortar with the convenience of online shopping? The level of choice, the ability to compare prices, and cost all play a large role in UK consumers’ decision to shop in-store.

High Risk Merchant Account UK

With the expected growth of e-commerce in the UK, many new entrepreneurs will be jumping in to share their story, products and services with consumers. Are you planning to launch your business venture soon? Is your business established, but you need payment processing for e-commerce? Consider the many advantages of using a high-risk merchant account.

While banks are hesitant to work with e-commerce businesses, alternative processors are not. They offer high-risk merchant accounts specifically tailored to meet the needs of each industry they work with. In this case, e-commerce businesses. The application process is known for taking just minutes to complete, and many processors can have your account up and running within the same day. You can safely and easily accept online orders from all your customers in the UK and offer them multiple payment processing options.

Author Bio: Payment industry expert Taylor Cole is a passionate merchant account expert who understands the complicated world of accepting credit and debit cards at your business. His understanding of the industry has helped thousands of business owners save money and time.

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Footwear

There are many multi level marketing methods on the market that declare to show you the precise technique to construct your corporation. In phrases of men’s trainers the model has very tremendous choice of high efficiency footwear which might be comfy to offer optimum results. If you might have extensive feet, that you must search for sneakers which can be in ‘extensive width.’ If you’ve a number of arch pain, you’ll need to look into getting shoes which have further arch assist.

We provide quite a lot of healthy shoes which can be extraordinarily trendy as a result of we consider that trendy footwear for work and play can and ought to be comfortable. Place the shipping label on a box and ship the footwear yourself if you’re not utilizing a drop-shipper. You bear a number of the burden of helping to keep up a secure and wholesome office for all by following security and well being rules, and by reporting accidents, injuries and unsafe equipment, practices or situations. If you’ve got never run 1,000,000 dollar business, you don’t know how to begin a business -easy as that. But Nike also understood that merely manufacturing more shoes wouldn’t improve physical activity. But you can learn to run one, even if it is your million greenback enterprise you are building from the bottom up. Put on a pair of comfy footwear and go for just a little walk round your neighborhood.

I was trained as an accountant, so the numbers facet of enterprise is a part of my entrepreneurial DNA, and was additionally an enormous part of my early business education. All violations or suspected violations of this Code of Conduct needs to be promptly reported to your supervisor or the director or Vice President of your department or enterprise division. Price fixing, customer and market allocations, bid rigging and different arrangements with competitors that are unlawful should be prevented, and you might never trade delicate enterprise info with opponents. Place a categorised advert in a tennis magazine, for instance, when you promote tennis footwear. Some of my colleagues are curious why I am including shoe procuring info in the pages of this Healthy Spine Align website; however should you ask me, sneakers are an important a part of the upkeep of a wholesome spine. Choose the manufacturer or wholesale supplier that offers you the bottom unit cost on shoes.

When you participate in most well being and wellness training applications they will even teach about advertising and marketing your corporation. It is our policy to make use of only individuals who do not engage in other enterprise activities that compete with or promote to or purchase from Zappos or Amazon. That mentioned, I’ve by no means seen a startup business where bills had been not less than 30 p.c greater than initially deliberate or anticipated, and revenues are at the least that much less. Accordingly, it’s possible you’ll not take for yourself alternatives in Zappos’ space of enterprise that you … Read More