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Cashing In On the Growing UK Online Market
How Lack of Research is Affecting UK Retailers As online retailing scales new heights of popularity in the UK, the problems faced by startup ecommerce businesses are also coming to the fore. The issues are not much different from what has been observed so far by industry experts. New entrepreneurs continue to bypass research procedures and deal with the first dropshipper or wholesaler they come across. Most of the wholesale and dropship scams happen because entrepreneurs don’t investigate their suppliers thoroughly enough. Companies such as esources.co.uk have been educating the UK online trading community about the various roadblocks and pitfalls they are likely to face in the course of their online business journey. The portal has a vast database of invaluable resources, researched articles and blogs that help retailers understand the various aspects of online selling better. How to Avoid Running into Scammers The presence of scammers has made it difficult for many retailers to run their online retail stores efficiently. A good supplier is important for the success of any online selling business. They are the pillars of your successful enterprise. A competent and professional supplier will be able to help you gain the confidence and trust of your online customers. They boost your business prospects by ensuring that quality products are delivered at the lowest prices and also make sure that delivery is prompt. When you do business with an untested and incompetent supplier there are several possible problems that you might have to deal with. Non availability of adequate stocks of merchandize is one of the common problems trade buyers face when they deal with inept suppliers. They will charge you more to cover their lack of resources and there is every likelihood that they will sell you cheap and substandard goods to cut costs and improve their profitability. Why Technology is necessary for your Venture to Succeed Retailers have to make sure that they have access to the latest technology that drives the ecommerce markets. If they are not current with the latest tools and technology, they can lose market share to competitors who will then gain an edge over them. Most retailers are now looking up to reputable and established UK trade directories to help them set up their ecommerce stores. More consumers are going online with their purchase and this is reflected in the statistics released for the year 2011. The first half of 2011 saw a growth of 11 percent over the same period in the previous year. The comparative figures for the second half of 2011 were 13 percent. The figures clearly establish the growing preference for shopping online by UK consumers. It means, the opportunity to cash in on this trend is now and retailers are fully aware that they need to take the right steps to be available to establish a dominant presence online. How Legitimate Directory Services Can Help You esources.co.uk have helped many established as well as new online international retailers both in UK and overseas, find a foothold in the highly competitive ecommerce marketplace. They have an extensive database of the best suppliers and dropshippers, each verified for legitimacy and ability to deliver the goods when required. They also provide trade buyers with the best tools to boost their chances of success in their online retailing venture. |
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