By leveraging online sales, UK auto retailers could reduce the transaction time taken to sell a vehicle by 75% and cut the costs incurred in the process by 45%, according to new research released by industry-leading automotive ecommerce solution provider GForces. The data indicates that, as per 2020, based on an annual used car market of 6.75 million sales, the industry could save £9.5 billion each year. Even a more conservative approach, based on a phased 30% transition to greater online selling, the sector could save £4.7 billion.
Many companies are aware of the benefits of becoming more sustainable. Eco-friendly brands can attract more consumers and generate more business through ethically aware products and services. According to one consumer index, 47 per cent of people worldwide agreed that they have switched to a different product or service because a company did not reflect their personal values.
New Government figures released on May 6th revealed many businesses are still overwhelmed by the impact of Brexit. Over 39% of importers reported they are still struggling with new customs duties and 38.6% were battling with increased transport costs.
The ever-evolving digital landscape, with its ever-increasing online channels, is posing significant challenges on marketers to understand how best to interact with their customers. According to research announced by Upland BlueVenn, marketers are struggling to establish a unified customer experience due to the sheer volume of channels and devices they need to manage. The research further highlights the rise of the ‘Hybrid Consumer’, with customers now interacting with brands across a mix of digital and offline channels and expecting their experience to be consistent across all.
Kickstart Innovation, one of Europe's leading, zero-equity, open innovation platforms based in Zurich, is currently launching its sixth program, and welcoming applications from businesses across the world. The application period is from April 15 to May 17.
Business owners, for the first time in over a year, can enjoy the sense of knowing what’s to come. The government’s announcement of a roadmap out of lockdown gives entrepreneurs a timeline for when they’ll be able to open up again, and when business will return to “normal”. But for many it’s not that simple. While the majority of small businesses and sole traders now have an idea of when they’ll be back up and running, they now face another challenge: after more than 12 months of limited, or no, activity, how do they get started again?
There is still a certain sense that things may never been fully the same as before the world went into lockdown. With social behaviours and etiquette sharply changing, how can businesses built upon years and years of the ‘old’ normal embrace the new world that will emerge after the pandemic is brought under control?
There has been a boom in the consumption of audio-visual content since the beginning of the pandemic. This could change the future of the TV and entertainment industry forever, and we still don’t know if people will go back to their old habits after restrictions are over. We can expect the sector to keep growing, which presents a prime opportunity for EU businesses that want to get in the field. The only issue is that they have a very tough regulatory landscape to navigate, especially if they intend to broadcast their content outside the EU’s borders. Here’s what all EU businesses should know about launching their TV channels internationally.
Getting the right professional support for your company is one of the most important things that you can do for success as a business owner. It’s not uncommon to end up taking on many different roles within the business when you run your own company, and there are tons of apps and other resources now available to help you DIY areas that you might not be extremely skilled in. However, when it comes to business money and tax, it’s always worth investing in professional help and support. The right accountant can make a huge difference to your business. Here’s how to find the right one for you.
As restrictions continue to lift and organisations prepare to bring employees back to the workplace, a new report from hackajob has revealed that 86% of technology professionals in the UK and Europe don't want to return to the office full-time at all. Only 14% of the 1,700 tech professionals surveyed want to go back to a company office full-time. Around one in four (26%) would like to work remote permanently, while 60% are happy to work from the office occasionally and spend the rest of the week working from home.
Brexit - a word that we are sure most, if not all of those reading this, are familiar with. While many people have switched off and tuned out the word entirely, there are companies across the country who are still needing to factor this element into their business decisions. None more so than when wanting to ship construction goods and products to mainland Europe.
Now that the world has placed a greater focus on the effects we have on the environment, finding more environmentally friendly ways to source our energy is vital. The world has already found some innovative ways to sustainably produce energy without the reliance on coal, oil, and natural gas. However, there is still more to be done. Other than the changes we as individuals make, businesses need to adapt their operations to use greener sources of energy – such as wind power.
