Manchester: 0161 637 1080 / Durham: 0191 378 0287 enquiries@jpaccountant.com

News Hub

E-Commerce: Websites Selling Counterfeit Goods Appear in 60% of Search Results

E-Commerce: Websites Selling Counterfeit Goods Appear in 60% of Search Results

According to research carried out by a brand protection company, websites selling counterfeit products appear in up to 60% of results returned by search engines search as Google. The research also found that nearly 50% of the traffic to these websites results from consumers searching for keywords relating to brands, and 25% of counterfeit websites appear in the first three search results. Search engines such as Google are refusing to remove these websites from their search results.

J&P Comments

The fact that major search engines such as Google are not tackling the volume of counterfeit sites appearing in search results is problematic not only for customers but for online businesses – businesses that sell genuine products can see their sales suffer as a result of counterfeit websites.

E-Commerce: Global Logistics Firm Tigers Plans to Build Mega Hub in Netherlands

E-Commerce: Global Logistics Firm Tigers Plans to Build Mega Hub in Netherlands

After having a facility based in Rotterdam for 20 years, supply chain specialist Tigers is now planning on replacing this facility with a brand new mega hub. The new hub will be more than 550,000 square foot and is being built as part of Tigers’ ongoing plan to expand globally. Tigers’ Managing Director, Shahar Ayash, has said “The mega hub will be an advanced omnichannel fulfilment centre and Tigers’ biggest single operation in Europe.”

J&P Comments

The Netherlands is currently a very active spot for logistics and E-commerce businesses to thrive, and this is evident from J&P’s recent reports on UPS and FedEx Cross Border expanding to locations in the Netherlands. With Tigers’ new fulfilment centre being close to Rotterdam’s port, the Netherlands will continue to boom as a popular E-commerce platform for the rest of Europe.

VAT: Bulgaria Will Increase Intrastat Threshold in January 2020

VAT: Bulgaria Will Increase Intrastat Threshold in January 2020

Businesses have to file Intrastat declarations if their dispatches and acquisitions of goods within EU countries are above a certain value. Currently, businesses making dispatches in Bulgaria have to file an Intrastat Declaration if they dispatch over BGN 280,000 worth of goods in the country, and the same applies if they acquire BGN 460,000 worth of acquisitions. From January 1 2020, Bulgaria will raise its intrastat reporting threshold to BGN 290,000 for dispatches and BGN 470,000 for acquisitions.

J&P Comments

Intrastat reporting is an effective way for governments and the EU to monitor trade moving between the borders of EU countries. It is also useful as a method for preventing VAT fraud.

E-Commerce: Amazon India teams up with Indian Railways for E-commerce pilot

E-Commerce: Amazon India teams up with Indian Railways for E-commerce pilot

To trial an easier and more accessible way to deliver E-commerce packages across India, Amazon India has partnered with Indian Railways to run a pilot of a brand new inter-city transportation programme. So far, during the pilot, Amazon India has used Indian Railways to transport E-commerce packages between two of India’s largest cities, New Delhi and Mumbai. The Director of Amazon India’s Middle Mile Transportation, Abhinav Singh, has said “The reach and speed of the Indian Railways will further help us fulfil customer orders faster and reliably across the country.”

J&P Comments

As India is one of the fastest growing E-commerce markets in the world, it is no surprise that Amazon is making use of India’s railway freight network to meet customer demands. Not only will Amazon India see an increase in the speed and reliability of their package delivery – Indian Railways will also benefit by utilising the capacity of the railway system.

Logistics: Wildberries Expands to Europe

Logistics: Wildberries Expands to Europe

The Russian online retailer Wildberries have announced that they are developing a new logistics centre in Slovakia, which is reported to be 300,000 square meters, and will take 1.5 years to complete. Furthermore, the company also confirmed that it wishes to expand its online service in Europe this year. Wildberries declared that their new logistics centre was initially meant for Poland, however, after receiving an offer from Slovakia Chamber of Commerce they decided to build it in Slovakia instead and expand to other European countries.

J&P Comments:

Wildberries’ further expansion into Europe will hopefully increase the company’s revenue. Last year, the company generated sales of 1.6 million euros, and daily an average of about 400,000 orders were placed.

Logistics: Walgreens and Wing complete first ever drone delivery service

Logistics: Walgreens and Wing complete first ever drone delivery service

Google’s subsidiary brand Wings has officially completed America’s first ever commercial drone delivery flight for Walgreens. Wing’s achievement has enabled US retailer Walgreens to become the first ever US retailer to successfully deliver a package from its store to a consumer’s door on Friday.  The contents of the package that was delivered included Tylenol, cough drops, facial tissues, Emergen- C and bottled water. The pair are collaborating with FedEx to carry out a pilot which will offer its Express customers the option to have more than 100 products delivered by drones.

J&P comments:

78% of US Citizens live within five miles of a Walgreens store, which means that majority of its consumers are potentially in range of a Wing delivery drone if the programme gets rolled out more widely.

Shares