Revenue through E-commerce in the UK is reached more than $688 billion by 2020 and the UK comes at the 3rd place in the largest E-commerce market around the world after the USA and China.
Internet penetration is expected to reach above 90% β the highest in Europe. Mobile users who love to do online shopping are 60% and by 2025 will expand to 80% approx.
If we talk about the E-commerce players in the UK then Amazon dominates approx 30% market followed by eBay and Sainsbury.
If the UK has this much potential in E-commerce and Connectivity then online payments also play a vital role and credit/debit cards are the most used payment methods.
Entrepreneurship is rising around the world and the UK is amongst the best places to get your E-commerce journey started.
USA BusinessΒ helps everyone whether you are an individual or a business toΒ set up E-commerce online store in UKΒ along with Shipping | Warehouse | Inventory management |payment gateway and company incorporation + banking to run a successful E-commerce business.