- 3 March 2020
- Transport / Logistics Services
Some 62% of UK SMEs are planning to increase their international sales revenue according to research from Royal Mail.
The survey was done on 300 representative retailers. It also found that 46% of them are planning to sell through new or additional channels. Seventy-nine per cent have their own website and 59% of those without are planning to launch one this year.
The survey also found that 18% of SME retailers import goods, 16% export goods and 49% do both.
Shane O’Riordain, managing director of marketing, regulation and corporate affairs at Royal Mail, said, “It’s promising to see that in the next year many smaller retailers in the UK are looking to build their international sales. The physical store still has a role to play and many SME retailers have a presence both online and in-store. Royal Mail supports many retail businesses in their overseas expansion, and we look forward to working with even more of them in the future.”