Welcome to the Autumn edition of our E-commerce newsletter
E-commerce has been one of the fastest-growing sectors in the UK over the past decade. Even before the Covid-19 pandemic, consumers were increasingly shopping online for convenience, broader product selection, and competitive pricing. The pandemic only accelerated e-commerce adoption across demographics. In the UK, online retail sales jumped 46.1% in 2020.
F or businesses, having an online sales channel is more critical than ever. E-commerce levels the playing field, allowing small businesses to access customers across the UK and beyond. While third-party marketplaces like Amazon and eBay provide ready-made infrastructure, operating your own e-commerce site can offer greater control over branding, customer data, and margins. In this newsletter edition, we provide expert insights to help your e-commerce business capitalise on the latest trends in the sector while navigating legal and operational complexities. Our first article provides valuable insights and guidance for business owners looking to dive into the world of Amazon selling. Emma Clifton profiles local business Vanil, based in Woodbridge, this Scandinavian- inspired business sells accessories, furniture and home décor. See how they reinvented their business for the digital age and the importance of having a professional adviser by your side.
For companies importing or exporting goods, Joy Shaw breaks down customs processes, duties, and documentation for the UK. She outlines commodity codes, Incoterms® 2020, and the Customs Declaration Service. Ryan Pearcy reviews software essentials for finance, inventory management, order processing and more. Daniel May delves into the complex area of VAT for electronically supplied services. He clarifies B2B versus B2C rules and registration requirements for EU and non-EU suppliers. This edition aims to provide actionable insights and advice to help your e-commerce venture succeed. Please reach out to your usual Scrutton Bland contact with any feedback or requests for future newsletter topics. Enjoy the read!
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