eCommerce Benefits
Historical ecommerce Benfits
Back in 1999 the on-line market was small, and whilst there was a large benefit from ecommerce their were not a great deal of customers, however the first movers gained a lead and in most cases have held there advantage. The benefits of ecommerce have not changed, but it is now much more competitive and you need a better system to attract and keep customers
Ecommerce Benefits
- Self service shopping
- 24 x7
- Accurate orders
- Accurate Prompt Payment
- Accurate Payment
- lower cost than catalogue and mail/phone order
- quicker to change than catalogue and mail/phone order
- Much more profitable
Results of eCommerce Benfits
There are still a surprising large number of businesses and markets that have not yet embraced ecommerce. However there are much more businesses providing ecommerce than the previous catalogue and mail/phone order, because the barriers to entry are much lower and the business is much more profitable. The profitability of ecommerce businesses means that they can spend significantly more on marketing, and spends of 10% of turnover are quite normal for online businesses, and typically double the traditional spend.
Modern Ecommerce Requirements
- Traffic - Search engine optimisation and support for ad tracking
- Low Drop out Rate - fast pages, easy shopping basket and checkout
- Up Sell - process tailored to product
- All ways on - 100% uptime payment fail over so site up even if bank down
- Channel support - b2c, b2b, g2c
- automated returns
- ability to support jumps in demand
- Continued profitablity
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Why Choose @UK?
- Green Marketplace with over 1 million users
- Get analysis results fast: fully-automated
- Guaranteed savings & Immediate business plan
- Full granular, line-item level reporting
- Products, categories and suppliers responsible for your procurement carbon footprint
- Over £120 billion analysed to date
- Over 290,000 companies formed
@UK PLC is the leading ecommerce marketplace, with over 1 million users. We believe that @UK PLC has significantly more users than all the other UK marketplaces combined, and that we are probably the largest transactional b2b marketplace providing integrated eCommerce and eProcurement worldwide.
@UK PLC is the first large volume green marketplace with over 3 million products that have carbon footprints. @UK PLC supports businesses from start up through to being members of the fortune 500, and is a leading Company Formation & Company Registration Agent with over 290,000 Limited Companies formed.
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'The project was particularly exciting as it allowed for joint work with leading academics at the University of Reading and Research scientists at @UK PLC. This is one of the largest and most innovative KTP projects ever undertaken and we are very excited by the results. We believe that the new tool is groundbreaking and has come at exactly the right time to help public and private sector organizations achieve savings.'
Professor Mark Bishop, Department of Computing
Goldsmiths
'It's really useful because we can look at the information from all different angles and it's so easy to use,' says Ms Hamilton. 'It will help us rationalise and standardise our suppliers and products, which in turn means we can get better prices.'
Vicki Hamilton, The Head of Procurement and Supplies for the Outer South East London Shared Procurement
London Procurement Program
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