Business Reporter: Disrupting the Future of Retail

Business Reporter: Disrupting the Future of Retail

PR Newswire

LONDON, April 2, 2019

LONDON, April 2, 2019 /PRNewswire/ -- OnBuy.com, the marketplace of the future, leverages the advantages of disruptive technology by integrating high street retailers with eCommerce.

Although disruption is not new, a 2018 survey found that 80 percent of top executives feared the risk of disruptive market entrants. OnBuy utilises disruptive technology to not only foster innovation, but to enhance user experience for their customers. With a unique partnership with PayPal and a platform that lists more than 10 million products from thousands of sellers, expanding to 140 countries is a vision that is not only viable but imminent.

Purchases on the site grew by more than 1,100 percent between 2018 and 2019. Part of this exponential growth is attributed to the fact that their selling fees are cheaper than Amazon, meaning sellers can price competitively whilst buyers can get the best deal. With the potential to host more sellers than any other platform in the world, OnBuy's ambition is to provide the infrastructure all businesses need to deliver products straight to the consumer. The Amazon disruptor is the change that online and high street businesses need. It's the marketplace of the future.

Innovation and disruption are essential ingredients in surviving a fluctuating landscape. The future of work in the retail sector is ever changing, which is why disruptive innovation will always benefit business and consumers alike.

Read more at: https://www.business-reporter.co.uk/2019/03/28/why-the-future-of-retail-isnt-about-online-versus-the-high-street-but-innovation-versus-stagnation/#gsc.tab=0

About Business Reporter

Business Reporter is distributed with The Daily Telegraph, The Sunday Telegraph and City AM, each of our publications reaches an average of 1.5 million people.

Content is also published through the Business Reporter and TEISS websites, which includes video debates, online articles, and digital magazines. This content is meant to deliver news and analysis on the issues that are affecting businesses to our global audience. In addition to publications, Business Reporter hosts conferences, breakfasts meetings, and exclusive summits.

These events bring together some of the most influential decision makers and innovators in modern business. These exclusive events for business leaders complement the content and direction of editorial projects, allowing them to have direct contact with their readers.

Above all, Business Reporter's commitment is to make meaningful analysis for every business owner. Whether individuals are running a small business, the head of a local company or an executive in a multinational corporation, there will be something for them at Business Reporter.

https://www.business-reporter.co.uk/#gsc.tab=0

 

Voltar noticias em Inglês