Low costs of starting an E-Commerce website is attracting individuals who are out of work to begin their own, according to a retail guru.
Richard Dodd, of the British Retail Consortium, said that you will find couple of barriers to starting up an on-line company as individuals won’t need to invest money on premises and staffing costs.
He added that if setting up an ecommerce website doesn’t prove to be effective then it’s simple to stop and do some thing else.
Kelkoo announced this week that on-line shopping spending grown by 16 per cent in 2010, compared to previous year, and that the average UK online consumer spent £1,284 within the twelve month period of time.
Mr Dodd said that this, and also the low risk nature of starting an ecommerce web site, indicates that much more individuals ought to take a look at performing it.
“Your costs could be extremely low so entry is very simple – there’s only a couple of barriers,” he said.
“If you begin up an on-line retail company and it does not go well, you are able to kill it off or change it to some thing else truly very effortlessly.”