UK Cross-Border Ecommerce Nuggets Guide: 80% Consumers abandon shopping carts due to logistics!
You'd never guess that the 25-34 year olds in the UK have become the main online shoppers, and their shopping habits are reshaping the entire e-commerce landscape! According to the latest survey, the e-commerce penetration rate in the UK is 82.69%, which is much higher than many markets. It is estimated that by 2027, the scale of e-commerce in the UK will exceed $230 billion, which is a huge hidden business opportunity.
What's even more surprising is that UK consumers are extremely open to cross-border e-commerce. 65% of UK consumers prefer courier delivery to their homes, while 58% prefer products with a high price-performance ratio. The most shocking of all is that as many as 80% of UK consumers said they would abandon their shopping carts if their preferred delivery option was not available!
For cross-border e-commerce sellers looking to enter the UK market, logistics is definitely a priority. At the same time, you need to be fully aware of the UK's sales policies, including key information such as UK VAT and sellable item requirements.
If you are an inexperienced new seller, we suggest you to start your cross-border journey through Amazon UK. Hot categories: clothing and footwear, sports and leisure, home furniture and high-tech products. With this information, you will be able to take advantage of the UK e-commerce market!
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# cross-border e-commerce sellers # UK e-commerce marketplace # Amazon UK # logistics solutions # cross-border overseas sellers # Europe sellers #VAT Taxation
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