What are the reasons for the spectacular growth of the ecommerce market in the UK? Why is the United Kingdom consistently figuring among the top global countries where ecommerce is the top choice among entrepreneurs? Facts from some recent research reveal that ecommerce in the UK will grow even more dramatically in the coming years.
Some of the key reasons for the exponential growth predicted by experts include a growing population of millennials, faster delivery processes, cheaper stocks, and fewer numbers of physical stores. These reasons are bound to drive customers to buy all their key necessities online which is going to be more convenient and, of course, affordable too, as the market size increases dramatically.
The Best Platform for Launching Your Online Business
Taking into account the fact that there is a growing preference for ordering products online, UK entrepreneurs are ready to cash in on the opportunity. Most of them prefer using the Esources platform to give shape to their entrepreneurial dreams.
Ecommerce accounts for 19.2 percent of total retail sales in the UK currently and is expected to grow to 33.8 percent by 2024. Experts are of the firm opinion that a majority of retail sales over the next decade will happen online.
By signing up for Esources membership, trade buyers and suppliers can ensure that they are ready to deal with the many challenges posed by their ecommerce business. Esources is the largest online trade directory service in the UK and reputed for its amazing features and powerful business tools.
What Today’s Entrepreneurs Prefer
Young and dynamic UK entrepreneurs want to try their hand at businesses that are powered by aspects such as technology and IT. They are keen to explore new business models and that’s why they are eyeing the ecommerce sector. Here, they can be part of an industry that has tremendous growth potential and offers them the opportunity to incorporate technology and creativity in ample measure.
Esources.co.uk offers both trade buyers and wholesale suppliers the ideal platform to launch their UK ecommerce business smoothly and efficiently. The portal is more focused on helping trade buyers to establish their business as buyers have to face a number of problems while negotiating the ecommerce business processes.
How Esources Is Helping the UK Ecommerce Community
The inexperienced novice traders are exploited by some unscrupulous elements in the industry to further their nefarious interests. The increasing presence of scammers posing as wholesale suppliers has caused immense damage to the UK ecommerce industry’s reputation. Many new trade buyers have lost their money to the scams perpetrated by these fraudsters.
Esources.co.uk is committed to providing all the security and support that trade buyers need to launch and manage their business smoothly and securely. By subscribing to Esources, they can access the largest verified database of wholesalers, dropshippers, importers, exporters, and agents, all in one place.
Esources.co.uk is the undisputed top choice of the leading players in the UK ecommerce community. The portal offers free as well as paid membership options for both buyers and suppliers. Esources also offers a host of business tools and features that can help members in the smooth and profitable management of their online store.