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The United Kingdom - archive

Ebay and Amazon: 90% of UK online marketplace spend

Ebay and Amazon: 90% of UK online marketplace spend

The total spend via UK online marketplaces is forecast to reach over 30.4 billion euros in 2019. It’s also expected to rise 15.2 billion euros over the next five years. This corresponds to an increase of 50.1 percent. And it’s mostly Amazon and eBay who dominate the online marketplaces market. Continue reading

UK design marketplace Opumo raises €1.33 million

UK design marketplace Opumo raises €1.33 million

Opumo, a British online department store with design-led products from around the world, has raised 1.2 million pounds (1.33 million euros). The successful round of investment happened thanks to Danish fund North-East Venture and a crowd raise from over 400 customers. Continue reading

‘Ecommerce UK accounts for 53% of retail sales by 2028’

‘Ecommerce UK accounts for 53% of retail sales by 2028’

Ecommerce in the United Kingdom will account for 53 percent of the country’s total retail sales by 2028. Factors powering this online growth are the fact Generation Z and Millennials will be half of the adult population in ten years, faster, cheaper and in-home delivery and fewer physical stores. Continue reading

‘Most retailers unaware of impact of delivery options’

‘Most retailers unaware of impact of delivery options’

The majority of UK retailers are not aware of the impact and value that delivery options have. Three out of four consumers leave their shopping card because they don’t like the delivery options, while 47 percent of retailer don’t even know their cart abandonment rate or why consumers leave their online store. Continue reading

Amazon Business Prime launches in the United Kingdom

Amazon Business Prime launches in the United Kingdom

Amazon has announced the launch of Amazon Business Prime in the United Kingdom. The new service offers one membership for a company’s business account and gives access to Prime delivery benefits like unlimited one-day, same-day and nominated-day delivery. Continue reading