THE RETAIL BULLETIN - The home of retail news
HOME
RETAIL NEWS
RETAIL EVENTS
Fashion
Department Stores
Shopping Centres & Retail Parks
Home & DIY
Electricals
Health & Beauty
General Merchandise
Entertainment
Sports & Leisure
Retail Solutions
Food & Drink
RETAIL INSIGHTS
RETAIL SOLUTIONS
ABOUT US
CONTACT US
SUBSCRIBE FOR FREE
Insight: three in ten UK SME online retailers do not export goods

One in ten small to medium sized online retailers in the UK do not import or export goods, according to a study commissioned by Royal Mail.

GENERAL MERCHANDISE

Insight: three in ten UK SME online retailers do not export goods

One in ten small to medium sized online retailers in the UK do not import or export goods, according to a study commissioned by Royal Mail.

The research found that one in four do not import any goods at all while 30% do not export. Despite this, retailers were revealed as having a keen appetite for exporting with 64% saying they are aiming to increase international sales revenues in 2018.

The study also discovered that 38% of the retailers surveyed had a physical store as well as a presence online. However, there were additional popular ways to sell goods including via a catalogue (14%), over the telephone (21%) and via exhibitions (12%).

Eight in ten of the online retailers were found to sell via their own website while 54% sold on a marketplace. Looking to the year ahead, 52% said they are planning to sell through new channels. In 2018, 15% intend to list products on a marketplace while 18% will use additional marketplace sites.

A spokesperson for Royal Mail Parcels said: “The ecommerce sector is becoming increasingly globalised and SME online retailers especially should look at opportunities to expand the international side of their business.

“It is a particularly good time for UK businesses to explore exporting options, given the current state of the pound." 

Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News

RETAIL EVENTS

The HR Summit 2018
The HR Summit 2018
Wednesday 3 October 2018
The Cavendish Conference Centre, London W1
The 10th HR Summit 2018, The Cavendish Conference Centre, London W1, 3rd October 2018
The Retail Design Seminar 2018
The Retail Design Seminar 2018
14 November 2018
The Cavendish Conference Centre
The Retail Design Seminar 2018
Omnichannel Futures Conference 2019
Omnichannel Futures Conference 2019
6 February 2019
Cavendish Conference Centre, London WG1 9DT
A truly omnichannel offering requires an understanding of customer behaviour across all shopping channels and how this should impact your overall business strategy
Customer Engagement Conference 2019
Customer Engagement Conference 2019
5 June 2019
Cavendish Conference Centre, London W1
The 10th Annual Retail Customer Engagement Summit
Fix The Dinosaur Roundtable 2018
Fix The Dinosaur Roundtable 2018
19 October 2018
The Euston Suite, The Hallam, 44 Hallam St, London W1W 6JJ
A Masterclass in IBMi Legacy Issues