UK shows moderate support for eBusiness
January 14, 2019
January 14, 2019
The United Kingdom boasts the highest percentage of companies with over 25% of total sales coming from online channels, but executives are lukewarm on future investment for commerce technology.
Key challenges include limited or disjointed insight into the consumer, data privacy and security, and lack of required skills.
49%
see their eBusiness strategy as well-defined and highly effective
34%
have a central eBusiness team distributed execution
56%
had an eBusiness strategy for over 3 years
20%
of eBusiness leaders report to marketing
39% of decision-makers for companies in the United Kingdom expect to see a significant increase in their level of investment in commerce technology over the next three years, while 36% expect to significantly increase their investment in innovation in eBusiness.
The executives surveyed believe product reviews are among the most influential for online conversion, while quality digital content among the best performing.
88%
of executives believe their eBusiness strategy must innovate at a rapid pace to keep a competitive advantage.
CPG companies run the risk of losing relevancy to their customers if they don’t become a modern enterprise. Our expertise in eBusiness can help companies make the pivot.
20 minute read
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