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Brexit guidance for retailers

18 Feb 2019

The government has published more Brexit guidance for retailers in the case of a no deal Brexit
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Smart metering implementation programme

15 Feb 2019

The Department for Business, Energy and Industrial Strategy's have proposed to increase engagement with microbusinesses to build their awareness and understanding of the use of smart meters
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Extending the Single-Use Carrier Bag Charge

15 Feb 2019

The Department of Environment, Food and Rural Affairs' have proposed to extend the carrier bag charge
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E-learning courses for businesses

11 Feb 2019

East Sussex Trading Standards are working with their partners in the Fire Service and Environmental Health and widely through the Business Advice and Support Partnership to supply e-learning for... Read more…

Guidance in preparing for EU exit

11 Feb 2019

A new guidance has been published for the retail sector with information on preparing for the EU exit
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Mobile ecommerce conversions are low, but why?

8 Feb 2019

Desktop ecommerce is getting outweighed by mobile ecommerce but conversions are still very low
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Click & Collect market is predicted to grow

8 Feb 2019

The click & collect market is predicted to grow to 46% over the next five years
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In-store spending encouraged by mobile payments

5 Feb 2019

A study into mobile payments has shown that stores offering mobile payments have more customers and spending
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What business models are working well for retailers?

5 Feb 2019

Internet Retailing reports on retailer's business models that are working in the New Year and listening to the voice of the consumer
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Calls to delay Making Tax Digital rejected

5 Feb 2019

The government has rejected the recommended delay to the introduction of Making Tax Digital (MTD)


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What business models are working well for retailers?

Posted on in Business News, Cycles News

Internet Retailing explores Amazon's, H&M's, The Range's, and N Brown Group's successful and innovative business models. online shopping

This is not to say that these models will work for everyone but as the retail market landscape evolves and moulds with the times more and more unique and innovative strategies are being introduced and holding water in the albeit flexible market space.

Amazon's focus is around Alexa and voice commerce as a primary focus within their business model. The introduction and rapid growth of popularity within the 2018 period surrounding Alexa is making Amazon more and more digitally sound. Amazon is blending the lines between services and introducing a digital side.

H&M has taken a similar direction into bringing the stores and digital closer together, watching fast online sales. H&M states that the decline of in-store sales in the UK has been more than compensated by the fast growth in online sales.

The Range is starting on a store opening programme marking its 30th anniversary year. Opening new stores around the UK this year will create hundreds of new jobs. While many multichannel retailers are reducing their high street presence for online shopping, The Range is growing their high street presence.

N Brown Group has introduced another unique business model, investing in online merchandising. N Brown Group is introducing the use of new photography technology as a means to inspire and inform customers of what they are buying.

These four unique and different retailers are all working towards the same overarching goal utilising their own strengths and customer demographics to get them there.

It is all about figuring out what works for your business and your customers.

 

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