Keep up to date on the latest Great British Store news here.
Great British Store launched at Autumn Fair
GreatBritishStore.com - the easiest, quickest and most cost-effective way for British businesses to start exporting.
The launch of GreatBritishStore.com provides a unique opportunity for British registered businesses to showcase and sell their products and services on a global platform.
There are thousands of quality British designs, innovations, products and services with no presence on the global stage, and many successful exporters who would like to attract additional buyers from new markets. Many SMEs find it prohibitively expensive and time consuming to expand into overseas markets, and lack access to the networks and contacts necessary to find global buyers.
GreatBritishStore.com aims to make exporting easier and more profitable for SMEs in the UK, by providing an entry-level exporting solution for UK-registered businesses (both new to exporting and already exporting.)
GreatBritishStore.com allows British businesses to showcase and sell their products or services cost-effectively, and with very limited time investment, on a unique business-to-business platform. For just £199 per year, businesses can start selling their products or services to trade buyers all over the world.
Registration is quick and it's easy to upload products or services.
The key benefit for SMEs showcasing their products or services on GreatBritishStore.com is the global support offered by UK Trade & Investment; each member benefits from UKTI global marketing initiatives in 106 markets, and all products and services will be actively promoted worldwide through each British Consulate, Chamber of Commerce and by all associated regional organisations, partners and sponsors.
For global buyers, GreatBritishStore.com provides the quickest and easiest way to source British designed or made products and services in one place. Buyers can register to be informed of new relevant products and services as they are added, as well as posting specific requests to be matched with suppliers.
GreatBritishStore.com is the place to be for any business serious about growing their sales through exporting; professionally promoting their products or services round the clock to buyers worldwide, including agents, wholesalers, distributors and retailers.
Registration is available at www.GreatBritishStore.com
Nick Lewis, co-founder and Director of GreatBritishStore.com comments: “We believe we can add at least £3.6 BILLION* of export turnover by 2020 as a result of launching GreatBritishStore.com. Our research with SMEs has confirmed the need for this unique platform - they think it's great news! As an exporter myself, I wish GreatBritishStore.com had been available when I launched my product to the world 10 years ago."
*Average SME turnover of £670,000 in 2013. 10% of the 4.9 Million SMEs in Great Britain with export potential. 10% increase in turnover from this 10% of SMEs with export potential. Figures from Dept. of Innovation & Skills, 2013.
The power and provenance of the British Brand is significant - New research, independently commissioned by Barclays Corporate Banking, shows that products labeled Made in Britain command a considerably higher premium when sold abroad than those with no declared country of origin. (Nov 2014). When consumers in eight key export markets see the Union Flag on a product, their inclination to buy increases. This is especially true in new and emerging markets where two thirds of consumers (64%) would be more inclined to purchase a product carrying the Union Flag. The research combined ONS export data with a survey of 7,610 individuals in eight key export markets (France, Ireland, Germany, the USA, Brazil, South Africa, China and Qatar) designed to examine the premium they are willing to pay for different goods labeled as Made in Britain/England/Scotland/Wales.