BAPC Leader Summer 2021

SUMMER 2021 — BAPC LEADER 2 Analysts have noted that e-commerce nowaccounts formore than one quarter of all retail sales in the UK. This number is expected to steadily increase in the years ahead, and expected reach nearly one-third of all retail sales by 2024. Online shopping has become a daily norm for millions of us in the UK. Which means we all are well familiar with receiving merchandise and services bought online. When the UK government enforced the closure of nonessential retail stores as part of strict lockdown measures mid-2020 and again this year in 2021, UK consumers who wanted to purchase anything other than groceries or medications could not do so in-store. Even when the high street opened back up, things were far from normal: Social-distancing measures meant queues were commonplace and footfall in stores was limited. In- store mask wearing was strictly enforced. Large proportions of the population continued to shelter at home, while many went without physical shopping altogether out of caution. It’s little wonder, then, that retail e-commerce had a bumper year in 2020. It is forecast that UK consumers will spend £141.33bn online this year, up a massive 34.7 percent from 2019. This significant increase will see e-commerce account for more than 30 percent of total retail sales in the UK for the first time. In 2019, that share stood at just 21.8 percent. Amazon is expected to benefit the most from this surge in demand for online retail, adding an extra £2bn in UK sales, totalling £31.1bn by the end of 2020, up from analysts’ initial £29.1bn prediction prior to the pandemic. The UK leads in Europe for retail e-commerce sales, with Germany and France lagging behind at numbers 6 and 7. It was these market trends that lead to us launching Inky, which allows you to create your own online print store with Inky Sites or integrate into your existing website, app or online system via the Inky API. Effectively offering you access to our print factory without the headache of running and maintaining hundreds of expensive machines. It is perfect for start-ups, print companies, print resellers and large corporations and you can find out more at inky.cloud. The vast majority of E-commerce purchases made today are transacted on a mobile device In the UK, 2020 was the biggest mobile shopping year to date, with consumers collectively spending 82 billion hours in shopping apps – 30 percent up from 2019. More shoppers regularly use their mobile devices for many tasks, including checking email and paying bills. Using a smartphone to make purchases is getting more comfortable, especially with dedicated apps and ‘buy now’ buttons on social media platforms. As many as 59 percent of shoppers surveyed by Google said that being able to shop on mobile is essential when deciding which brand or retailer to buy from, mobile commerce is set to outpace other digital business in 2021. Gary Peeling, CEO of Precision Proco Group – which includes Inky - discusses how print businesses can refocus their operations and take advantage of the eCommerce boom. Smart collaboration- thinking outside of the little black box Gary Peeling, CEO of Precision Proco Group emphasises that print businesses need to focus on their resources on delivering customers services online UK leads retail e-commerce sales... Germany and France are 6 and 7