The virtual shopping cart is one of the best resources for UK wholesale to compare and analyze the buying habits on online customers. Potential purchases of products that they need now and in the future can be judged by experts who study customer psychology closely.
However, of late, online shopping cart abandonment has shown a huge increase in numbers and e-commerce managers are unable to pin point the exact reason for this strange behavior. News reports show recent developments on ecommerce sites as a cause for concern as shopping cart abandonment continues to affect sales on many online buyers and sellers. Read more...
One of the leading UK based online retail groups in the home and general merchandize market has reported a steep drop in annual profits according to news reports. The UK wholesaler has reportedly suffered a profit blow of around 13 percent. The group managing director of its struggling catalogue chain is stepping down in June 2011 according to company sources. Read more...
Wholesalers UK have reacted positively but cautiously to the latest announcement from the government promising to cut red tape. The association has supported the launch of a website that promises to cut red tape and give businesses a forum to highlight their problems especially those related to regulations which they believe create an unwanted burden on their business operations. Read more...
Online sellers using eBay ProStores are looking at other alternatives to sell online after eBay raised prices unexpectedly this week. EBay selling between 250 to one thousand products are likely to see a thirty-three percent increase in their monthly subscription fees. Others are likely to find the going even tougher with their fees increasing by 67 percent. Read more...
Setting up an online eBay retailing venture is not a tough task, but maintaining it successfully and making profits consistently can be tough indeed. There are thousands of individuals who try their hand at online retailing, but only a handful actually have the tenacity and the persistence to go the full distance. The lucky ones are those who have the backing and wholehearted support of business-er. Read more...