The new age of online retail

As the growth in online sales continue to out perform traditional channels, retailers are faced with both huge opportunities and, at the same time, a new and significant set of challenges.

 

The UK has over 37 million online consumers who spent over £68.2 billion in internet purchases in 2011. Despite a stagnant overall economic environment, online sales grew at 16% in 2011.

 

Never before has it been so easy to deploy a fully functional on-line store, while barriers to move into new product categories, new vertical markets and across borders have almost entirely disappeared.

 

The opportunity for one company, of course, presents a number of challenges for others with fragmented, cumbersome legacy systems that are less fleet of foot and, therefore, slower to react to change.

 

Whether you are embarking on a new venture or you are trying to overcome limitations that are preventing you from fully realizing the opportunity, there is a solution…

 

…Introducing VirtualStock



  We have worked with Virtualstock for the last 7 years and have been extremely pleased with the solutions and service they have provided. Virtualstock has been integral in enabling us to develop our extended assortment of virtual inventory and helping us effectively monitor and manage our drop ship transactions via their dashboard.  
John Moore – MD, Office Depot