eCommerce in the UK is on the rise. Are you a merchant interested in a high-risk merchant account UK? How can you get reliable and affordable merchant services for your business? This article will tell you how. Just read below and you’ll know.
eCommerce in the United Kingdom
The business-to-consumer eCommerce turnover in the UK has constantly been growing in recent years. The growth of the eCommerce in the country isn’t going to slow down soon. By the way, clothing continues to be the number one choice in terms of online shopping in the UK. Next come holiday accommodations.
Sales of the 20 largest online-only retailers in the UK have resulted in a 23% increase in 2017. The eCommerce Foundation states that omnichannel is of immense importance for the British eCommerce. By the way, more than 90% of online shoppers also shop in-store.
The increase is mainly conditioned by the mobile commerce growth. Nearly half of online consumers in the country search for products through their mobile phones or tablets. Then, they turn to their desktops to place the order.
It’s important to note that mCommerce isn’t the only factor driving the sales of UK’s biggest online retailers. On the other hand, these online retailers are investing in automation in their warehousing and logistics.
With all this in mind, it’s vitally important to find a reputable processor to work with. If you need to get approved for a high-risk merchant account, a respectable comparison company like best payment providers can help you get the best deal for your business. With a true professional in the field, you can enjoy the lowest rates and the best terms tailored to your own business needs.
Best Payment Providers offers free consultation and reviews contracts, rates, as well as fees. As you know the integration requirements are as much important as fees and customer service. So, Best Payment Providers checks each provider’s integration process to guarantee a smooth transition and onboarding process for you.
What Does Research Show?
Based on research in the field, some bricks-and-mortar retailers are becoming more and more reliant on their online offering so to enjoy increased sales. Jeremy Drew, Co-Head of Retail at RPC, says that mobile shopping platforms, which are becoming more and more sophisticated, help consumers make purchases quickly and easily anywhere, anytime.
According to Jamie Merrick, Director of Strategic Solutions at Salesforce Commerce Cloud, based on the global results, mobile use has resulted in digital growth overall. This means shoppers all over the world prefer to browse retail sites through their mobile devices than through their computers and tablets.
Beyond any doubt, the growth of mobile is inexorable. This refers to both general use and shopping. Merrick expects it’ll bring about a larger share of online orders not only this year but also in the years to come.
When it comes to retailers, they now have an opportunity to take advantage of this consistent trend of mobile growth. They can do this by prioritizing mobile-first strategies, ranging from artificial intelligence and Apple Pay to Instagram integration.