Economic Crisis, UK eCommerce Boom & New Purchasing Behaviour
The COVID-19 crisis has resulted in record-high numbers of eCommerce sales not only in the UK. While the world is faced with the COVID-19 economic crisis, some retail companies have had record sales. If you’re interested in the eCommerce sales increase in the UK and want to get fast and easy access to a high risk merchant account UK, you’re at the right place.
UK eCommerce Boom During the Pandemic
The lockdown has created an unprecedented situation for consumers and businesses worldwide. Purchasing behavior is changing all over the world, and brands are looking for ways to stay alive or continue to grow.
eCommerce witnessed an 83% year-over-year increase during the 1st 2 weeks of April 2020, which has been the most substantial growth since the outbreak of COVID-19. The 1st week of March saw moderate growth in online sales. Revenues rose during the 2nd half of March when people were ordered to stay at home.
Overall, … Read the rest