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COMPANY PROFILE Back Market

Marketplaces
RetailX
by Paul Skeldon
Back Market Consumer electronics Marketplaces Pre-loved Sustainability

Data: Millennials to lead ecommerce spending in 2023

Customer
by Paul Skeldon
More than a quarter of Millennials to spend more online this year across health & beauty, luxury, apparel & footwear and consumer electronics
Consumer electronics Customer fashion Growth 2000 luxury millennial
Image: Shutterstock

Majority of consumer electronics brands battling stock issues as spending slows and returns grow

Industry
by Paul Skeldon
66% of consumer electronics retailers have too many products, as consumers cut spending in the face of rising bills and make more returns
Consumer electronics Industry returns
Image: Shutterstock

58% of shoppers willing to buy consumer electronics in metaverse, half see it as future of shopping

Metaverse
by Paul Skeldon
The metaverse has the seal of approval from consumer electronic shoppers, with 58% saying they’d shop through web3 to buy their gadgets
Consumer electronics Metaverse

ANALYSIS Factors shaping the European consumer electronics market

Industry
by Paul Skeldon
The European market for consumer electronics has seen growth driven by the pandemic, but geopolitics could be about to slow things down
Consumer electronics Industry International RetailX
Music Magpie: already benefitting from personalised privacy

MusicMagpie sees revenues drop, drives growth with subscription rentals

Industry
by Paul Skeldon
Circular economy pioneer MusicMagpie has seen revenues take a tumble as the cost-of-living crisis sees shoppers spend less, but rent more
Consumer electronics Industry Musicmagpie rental subscriptions Technology
Image: Shutterstock

Consumer tech goods spend shows signs of weakening and continues to switch to online

Customer
by Paul Skeldon
The pandemic-inspired surge in consumer technology spending is showing signs of slowing, dropping 3% since its peak in 2021 – but shoppers continue to look online for bargains
Consumer electronics Consumer tech goods CTG Customer GfK Growth 2000 Growth 3000 Europe International
Europe: ripe for UK SME retailers? (Image: Fotolia)

More than a fifth of UK businesses don’t export, but those that do expect trade to increase in the coming year: study

International
by Chloe Rigby
Businesses said that paperwork and customs rules (28%) presented the greatest challenge to trading abroad, followed by supply chain issues (26%) and concerns about late...
Consumer electronics EU International Manager Marketing Marketplaces Online Selling UK
musicMagpie device rental scheme helps lift sales

musicMagpie reaps rewards of IPO, Asda deal and rental scheme as profits up 10% on 2019

Industry
by Paul Skeldon
musicMagpie , the new and used electricals retailer and renter, has seen recorded a £44m profit fin its maiden full year results for 2021 on sales...
Asda Consumer electronics Industry Musicmagpie rental second hand
Image: Pexels

How are Growth 2000 retailers leveraging marketplaces?

Marketplaces
by Scarlette Isaac
For many smaller retailers, the solution to success in the highly competitive online market lies in using marketplaces to take on larger companies. Here&rsquo...
Brands Clothing Consumer electronics Data Ecommerce Growth 2000 Marketing Marketplaces Online Other Research Retailer Selling UK Vendors
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