It seems as if the outcome of the looming Brexit deal is more uncertain than ever before. With recent statements issued by EU representative Donald Tusk, the recent actions by Prime Minister Theresa May are being called into question (1). This has many domestic businesses worried, as they are unsure how a departure from the European Union will impact their operations. However, there is an alternative to what could very well be a rocky outcome. Many UK-based firms are choosing to expand their operations into the digital community. What stabilising benefits may such a move offer and are there any tools which will aid in the transition?
Superseding Potential Volatility and More
Although most experts agree that the Brexit will not have a crippling effect upon the economy within the United Kingdom, we need to remember that this is completely unfamiliar territory. Concerns such as international tariffs and potential trade restrictions have many businesses rightfully worried. Expanding their existing services to include the online sector will provide a degree of freedom that might not otherwise be possible.
Another side benefit of this approach is that it will be possible to reach a larger target audience. This is critical in the event that the value of the pound falls; any losses could be potentially offset. The main takeaway point is that a greater degree of stability will result. Even if local consumers are required to “tighten their belts”, other markets are likely to remain lucrative until the Brexit transition has been completed.
The Role of Third-Party Hosting Platforms
Many domestic organisations have been hesitant to increase their scope of operations. While some of this trepidation centres around the unknown outcome of the Brexit, other logistical concerns may be present. Many owners simply do not have the knowledge or experience required to begin such a venture. This is why implementing professional (and yet user-friendly) enterprise ecommerce software can help to bridge the proverbial gap between a dream and a digital reality.
The days of the do-it-yourself website are quickly coming to an end. Partially resulting from changing requirements and due in no small part to the demands of the average client, proprietary solutions are required. However, these options need to be balanced around a user-friendly framework that can be quickly adopted by the average UK business owner. It would have been challenging to bridge such a gap in the past. Times have changed thanks to the presence of cloud-based e-commerce hosting solutions such as those offered by Shopify.
Shopify has embraced the mantra that effective solutions do not necessarily have to be complicated. On the contrary, their enterprise-level software is as intuitive as it is highly functional. Centralised inventory control, an entirely scalable framework, robust reporting services and industry-leading reliability have all come to define this package.
The worries associated with current Brexit negotiations are very real. This is why it is prudent for UK businesses to expand their operations in order to supersede any potential volatility in the near future.