It has undoubtedly been a difficult few years for the UK high street with many shops closing and the loss of big-name brands. And with major retailers reporting disappointing sales figures over Christmas 2018 there may be more to come.
Sometimes small businesses start out using e-commerce platforms such as Amazon and eBay to start their business. It seems that Amazon is currently the biggest player in the international market. A study carried out by Website Builder Expert, looked at the power that Amazon has and how it compares to the international competitors such as eBay and Alibaba. Worldwide online expenditure is expected to exceed £3.5 trillion by 2020, making the online market very competitive.
In a report carried out by Centre for Economics and Business Research Ltd (CEBR) for World First, it was found that the UK’s small business sector has become more digital than ever. This movement mirrors the wants and needs of today’s consumers.