© Copyright Acquisition International 2024 - All Rights Reserved.

Article Image - Why digital could be the saviour of the UK high streets
Posted 19th July 2019

Why digital could be the saviour of the UK high streets

Time does not seem to be the best healer when it comes to the plight of UK high streets, with major retail losses making headlines in many national newspapers.

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

Why digital could be the saviour of the UK high streets
Why digital could be the saviour of the UK high streets - Acquisition International Magazine

Why digital could be the saviour of the UK high streets

Time does not seem to be the best healer when it comes to the plight of UK high streets, with major retail losses making headlines in many national newspapers. In 2018, Toys R Us and Maplin stores were vacated, and trade ceased. Even the infamous discount stores did not survive unscathed, as Poundworld closed its doors for the last time. 

More than 28 multi store retailers went into liquidation in 2018, and these ill-fated stores have set a precedent. Music retailer HMV seem to have set the tone for 2019, being the first to announce that they were facing financial difficulties earlier this year.

Commerce may not be on the streets anymore, but it is certainly thriving elsewhere. Digital sales in retail have more than tripled in the last 10 years, with online spending equating to 18% of all sales in the sector. Stock availability and an extensive range of delivery options are partly responsible for the surge in e-shoppers, with supportive user journey’s and simplified checkouts sealing the online splurge for many

Experts have predicted that high streets will be a thing of the past by 2030, so we must act imminently to save our beloved shops. But could retail find an unsuspecting ally in the form of search engine giant, Google?

Here’s how Google could help to revive our humble high streets:

Omni-Channel Experience for the High Street

Implementing the omni-channel nature of e-commerce into retail stores seems near impossible, but a London start up, Near St, are curating digital displays of stock from shops and making them available online. It will enable shoppers to visit the store online prior to them taking to the street, saving time and avoiding any wasted journeys.

A Digital Town

Many businesses across the nation are already embracing Google, using their ‘Google My Business’ tool to create a profile for themselves with useful information such as a contact number, opening hours and address. Almost half of all Google searches last year had local intent, showing the necessity for the service.

Back to the Future

The conventional shopping trip is still a big revenue contributor, with 82% of sales taking place offline. The task at hand for the high street is to optimise customer experience, making it feel as convenient and straight-forward as online shopping. Companies such as Marks & Spencer and EE are already acknowledging the shift in value of the in-store experience, while technologies such as AR and VR are becoming increasingly commonplace, with Google’s own product ‘Google Cardboard’ pioneering the integration of simulated reality in retail.

The UK high street is not oblivious to its own losses, as major retailers are constantly evolving their online marketing strategies and adding digital elements to their in-store services. How will you save your brand

 

Categories: Innovation, Strategy


You Might Also Like
Read Full PostRead - Eye Icon
Investing in Yourself
News
01/06/2021Investing in Yourself

At the end of the day, if you want to become an expert in business, that means that you're going to be spending a lot of time making investments. Some of these investments may seem obvious: You'll have to invest in equipment, real estate, and employees. Some i

Read Full PostRead - Eye Icon
Data Quality Holds the Key to Greater Profits, Finds Report
Finance
18/03/2015Data Quality Holds the Key to Greater Profits, Finds Report

A new report by Experian confirmed that while businesses are increasingly aware of the potential of their data – with estimates that it could improve profitability by up to 15%- more than 90% still find data improvement challenging.

Read Full PostRead - Eye Icon
Enhancing Security Measures to Safeguard Your Cryptocurrency Holdings
News
10/07/2023Enhancing Security Measures to Safeguard Your Cryptocurrency Holdings

Enhancing Security Measures to Safeguard Your Cryptocurrency Holdings The substantial increase in cryptocurrency value has not only drawn interest from legitimate investors but also from malicious actors actively seeking vulnerabilities to exploit. Blockchain

Read Full PostRead - Eye Icon
The Telling Signs of Imposter Syndrome and How to Overcome Them
Leadership
11/03/2024The Telling Signs of Imposter Syndrome and How to Overcome Them

Feeling like a fraud in your professional life is something that many highly successful people battle with. Thoughts of not being good enough, lacking necessary experience, or simply not deserving your success are known popularly as imposter syndrome.

Read Full PostRead - Eye Icon
5 Best Practices Of Project Development
Strategy
22/02/20235 Best Practices Of Project Development

Would you plan out every minute of your day if it would improve your life experiences? Some people would agree to this course of action if given a chance, especially since planning has been proven to contribute to the success of any endeavour. The same princip

Read Full PostRead - Eye Icon
Extracting Value from Sustainability Requirements
Corporate Social Responsibility
01/04/2016Extracting Value from Sustainability Requirements

Don’t gamble on waiting for regulation to require you to run a sustainable business. Start differentiating your business now.

Read Full PostRead - Eye Icon
Over 10,000 COVID-19 Phishing Scams Reported to HMRC During Height of Pandemic
News
21/08/2020Over 10,000 COVID-19 Phishing Scams Reported to HMRC During Height of Pandemic

Her Majesty's Revenue and Customs (HMRC) is investigating 10,428 email, SMS, social media, and phone scams exploiting the Covid-19 pandemic, according to official figures.

Read Full PostRead - Eye Icon
How Can Technology Aid in Cross Cultural Awareness?
Innovation
09/06/2023How Can Technology Aid in Cross Cultural Awareness?

With globalization’s growth, businesses have to operate in an ever more diverse array of cultures. As a result, it has become increasingly important for business managers to be aware of the cultural norms and sensitivities of the countries in which they are

Read Full PostRead - Eye Icon
Aeromark and Wolseley UK Announce Successful Integration for Aeromark’s new Smarter Parts Solution
Innovation
18/07/2016Aeromark and Wolseley UK Announce Successful Integration for Aeromark’s new Smarter Parts Solution

Aeromark, one of the UK's leading Service Management Systems, has announced it has successfully completed a full integration of its Optimatics Service Management Software with Wolseley UK as part of its unique 'Smarter Parts' module.



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have 14 unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow