Brexit has had a significant impact on online shopping in the UK, though the country remains by far Europe’s biggest ecommerce market.
The UK's exit from the European Union had a significant impact on online shopping. The transition period, which ended on 31 December 2020, allowed businesses to adjust to the new trading arrangements between the UK and the EU. However, the trade and cooperation agreement (TCA) that was agreed between the UK and the EU did not include a deal on the supply chain. This has led to increased costs and delays for businesses shipping goods between the UK and the EU.
The UK is, however, Europe’s largest ecommerce market by far. Online accounts for over 30% of all retail sales, increasing from 20% in early 2020. With over 60 million ecommerce users, online shopping touches almost every area of the population. Fashion, accessories, and consumer electronics are the most popular segments.[1]
However, the increase in online sales has come at a cost. Bricks-and-mortar stores have seen a decline in sales as people have become more accustomed to shopping online. In addition, the increased costs of shipping goods from the EU have led to some businesses increasing their prices.
Overall, Brexit has had a mixed impact on online shopping in the UK. While online sales have increased, bricks and mortar stores have seen a decline in sales. The increased costs of shipping goods from the EU have also led to some businesses increasing their prices.
The Importance of Having the Right Delivery Management Partner Post-Brexit
In the wake of Brexit, businesses that sell goods online need to be more mindful of their delivery management strategies. With new customs and trade barriers in place, it is more important than ever to have a reliable delivery partner who can help to ensure that goods are delivered on time and in good condition.
There are a number of factors to consider when choosing a delivery management partner post-Brexit. These include:
By choosing the right delivery management partner, businesses can mitigate the risks associated with Brexit and ensure that their customers receive their orders on time and in good condition.
Here are some of the benefits of working with a delivery management partner post-Brexit:
If you are a business that sells goods online, it is important to consider working with a delivery management partner post-Brexit. By doing so, you can mitigate the risks associated with Brexit and ensure that your customers receive their orders on time and in good condition.
[1] https://www.statista.com/topics/2333/e-commerce-in-the-united-kingdom/#topicOverview