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Currys and Argos Lead UK Electronics Market<br>
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The UK electronics market is booming. Over a quarter of consumers bought appliances and technology online during the COVID-19 pandemic. These purchases were mainly at Currys and Argos as well as on the online marketplace Amazon.<br>
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UK shoppers were also willing to try new brands and products on Amazon. This is particularly relevant for people over 55. However, excessive shipping costs were the most frequent reason for cart abandonment.<br>
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Currys<br>
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The UK's largest electronics retailer now offers more benefits to online customers. Currys customers can now save money when they purchase online and pick the item up in stores. This new deal is a part of the company's attempt to be competitive with Amazon in the UK which provides same-day delivery. This will help customers receive the items they need quicker.<br>
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The online electronics retailer in the UK is striving to improve the customer experience at its physical stores. It has introduced an BOPIS check-in solution that allows customers to collect their purchases at the curb or at the door. It also has the Colleague Hub in all of its stores which allows frontline staff to communicate with customers from anywhere within the store. Currys says that these digital tools will help it create a more connected experience for customers, enabling it to offer personalized experiences on a large scale.<br>
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Currys has invested heavily in technology, and is transforming into the best-in class omnichannel retailer. The company has redesigned and upgraded its website and integrated its personalization with its mobile application. It has also added a Colleague Hub, which allows employees on the front line to access latest information and customer data in real-time. The company also has launched its ShopLive service which brings video commerce to the physical store.<br>
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As a result, it has been able to drive sales and increase customer loyalty. In the first half of 2021 the company's sales increased by 15%, when compared with pre-pandemic 2021. It also saw an 11% increase in similar-to-like sales at its stores.<br>
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Currys goals are to be famous for providing technology a longer lifespan through trade-in, protection, repair and recycling. The company's goal is to reach net zero emissions, decrease the amount of energy and waste within its supply chain and enhance its operations. It is also trying to reduce the amount of plastic it uses by recycling packaging.<br>
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The stock was trading at 93c per share, which is lower than its current valuation. However, it's an excellent investment for investors since the company has a strong balance sheet and solid business model. Its earnings per shares are more than its rivals.<br>
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Amazon<br>
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Amazon has built its reputation on value and convenience by offering a wide range of products. The company's dedication to transparency and customer service has revolutionized the world of cheap online shopping uk clothes (<a href="http://alicetarot.paul-it.com/board/bbs/board.php?bo_table=review&wr_id=... here</a>) retail. Its transparent approach gives customers control over vendor selection that is based on prior experience. This gives Amazon a competitive advantage over traditional retailers that have less transparency in their products. Etsy, which is a specialist in Fashion and Home, as well as Wayfair, <a href='http://xilubbs.xclub.tw/space.php?uid=1453050&do=profile'>http://xilubbs... which specializes in Furniture and Homewares, trail well behind Amazon's GMV in the UK.<br>
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Argos<br>
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Argos, a leading retailer in the UK is a well-established company. Its business model is based on customer-centricity, and it provides a unique approach to retailing. This has helped the company gain an edge over competitors and also attract new customers. However, its growth remains hampered by stiff competition from other <a href="http://www.mecosys.com/bbs/board.php?bo_table=project_02&wr_id=1046423">... clothes shopping websites uk</a> retailers, such as Amazon and eBay (ContactPigeon). Argos has made efforts to tackle this issue by integrating its digital offerings with its physical storefront. This has resulted in a more seamless and seamless shopping experience for its customers.<br>
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Argos invested in new infrastructure to improve its online products. This allows for better efficiency of the network and streamlined operations. For instance, the company is planning to relocate its direct import operation from Corby to a specially-built facility in Kettering, which will allow it to close a rented central distribution centre located in Wolverhampton and release capacity in Corby. This will boost the efficiency of the business and enable it to better serve its clients.<br>
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As a major general retailer, Argos has a significant brand image and is known for its high-quality products. Catalogues are brimming with attractive product photos and descriptions that make it simple for customers to find what they are looking for. Its website provides clear prices and delivery estimates for every item. It allows customers to compare products and choose the most suitable product for their needs. Argos has also improved its mobile experience, which has helped to increase its customers. It has also widened its click-and-collect option, allowing customers to reserve items and pick them up at their local store.<br>
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Another significant aspect of Argos competitive advantage is its ability to provide the same high-quality, consistent experience across all channels. This includes its app, website, and stores. To ensure seamless transitions between channels the company synchronizes data and prices, ensuring that all channels are up-to-date. Additionally the stores are equipped with self-service kiosks that simplify the buying process.<br>
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Argos's omnichannel approach also enables it to reach out to a larger audience and satisfy the needs of different consumer segments. This strategy has been vital in increasing sales and market growth. In order to maintain its advantages, Argos must continue focusing on improving and innovating. This will allow it to keep up with the ever-changing retail landscape and stay ahead of the competition.<br>
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John Lewis<br>
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Established by the Lewis family in 1864, John Lewis has become known for its tear-jerking Christmas adverts and legendary customer service. However John Lewis is under pressure from other retailers that have moved to online shopping. The company has to adapt to retain its customers.<br>
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This is achieved by providing customers with a quick and secure shopping experience. This includes everything from the website's loading times to the number of clicks needed to locate the item. These variables can affect the way that shoppers view the brand. John Lewis needs to improve its online shopping experience if it wants to keep ahead of the pack.<br>
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It is crucial that the website be simple to navigate, and also provide all the information the customer may need to make an informed purchase decision. Additionally, it should provide a broad selection of products. This will ensure that customers can find the item they want and be able to compare it with other similar products. To ensure that customers are satisfied with their purchases, the company should provide free shipping and speedy delivery.<br>
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A long-lasting warranty on your products is a different way to compete against other retailers. This will help build trust and loyalty among customers. A good warranty can make a difference in buying an appliance or a computer from the retailer or go to another competitor.<br>
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It is also crucial for John Lewis to provide customers with the widest range of payment options. This will enable customers to choose the most suitable solution for their needs, and help to avoid fraud. It is also crucial that the company has a a clear policy on how they handle customer data.<br>
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John Lewis has a solid base on which to build despite these issues. Its online sales have grown tremendously and they continue to increase at a steady pace. The partnership is also implementing a new approach to e-commerce, which involves opening its e-commerce platform to third-party brands. This is a smart move and will allow the brand grow its market share.