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  • A Look at Some of the Successful Online Businesses in the UK

A Look at Some of the Successful Online Businesses in the UK

Posted on November 25, 2020November 25, 2020 by Jessica William

You will read many articles and blogs on the internet, explaining why certain visionary companies failed to take off and ended up miserably. However, this blog will introduce you to some of the most successful online companies in the UK who have made news everywhere in the world with their rapid success.

Online business is an ongoing trend wherever you go, and it will be even more relevant once this pandemic gets as people will continue to be apprehensive about going out for shopping and thus prefer to buy most of the things online. 

Here lies a business opportunity for working professionals who have an entrepreneurial bug within them or for people looking for side income or are rather bored of their mundane 9-5 jobs.

You can quickly get start-up business loans in the UK from direct lenders present online if you are planning to start something on your own. The following examples will further strengthen your belief in yourself as to even you can make fortunes with just one idea and perpetual research on it. Let’s look at some of such successful online businesses in the UK that started small but are known worldwide now. Here it goes:

  • Naked Wines

Started by Rowan Gormley in 2008 when the world was slowly recovering from the aftermath of the global financial crisis. The founder was known to be an old protégé of legendary Richard Branson, the person behind The Virgin Group.

Initially, this company had to face intense resistance and competition from the veteran Majestic Wines company who has been in this business since the early 19070s. Naked Wines started ‘named-day’ delivery for their customers who used to place online orders.

Also, customers were encouraged to share their feedback and reviews, which are known to be a marketing gimmick to drive more engagement and breed customer loyalty. The company also were known for customization, wherein they used to create tailor-made crates depending on the amount customers can pay that month.

They became so successful that their stalwart rival Majestic Wines had to acquire them in 2014, and guess who was made the CEO this time, Rowan Gormley himself. The company is currently profitable in every geography they have operations in.

  • ASOS

ASOS is an acronym for yet another successful online company, “As Seen On Screen,” was founded by Nick Robertson at the turn of this century in the year 2000. It started as an online retailer for beauty and fashion products but has evolved gradually over the years to become what they are today.

Currently, they have 850+ apparel brands in their portfolio that they sell to their customers. They have brands in all price ranges, from cheaper brands to designer brands under one umbrella. Also, they now have a brand of their own, which is slowly becoming their cash cow. They don’t feel the need to have this thought of I need money now and do something out of the box to earn more.

Their website is quite famous in Australia, France, Germany, Italy, the US, Russia apart from the UK, of course. Their success can be defined by the fact that they now sell their products and ship them to over 200 different countries across the world. Isn’t that flabbergasting to know?

  • Rose Slots

Gambling has become a great weekend getaway for Brits, and of late, we have witnessed a sudden rise in online casinos which, allows people to gamble while relaxing on their couch.

Rose Slots is one such online gambling company that made a lot of news with its real-life dealers in several games, but for women. Yes, this company has targeted only ladies to fulfill their desire for slot games. This company does not have a flashy website like its competitors, but its appealing visual and women-centric approach gave many laurels to the company.

Also, their primary focus is on slot games rather than offering a plethora of betting options; they have kept it simple and yet relevant at the same time.

  • TOFFS

This is no surprise as to how crazy people in the UK are for football. There are a whole lot of fanatics out there from every walk of life and every age bracket. TOFFS, which stands for The Old Fashioned Football Shirt, is precisely taking advantage of this passion of Brits towards the game.

You would be surprised to know that football aficionados in the UK are ready to spend £50 to get the new jersey of their favorite football club. Football fans are prepared to do anything to grab the latest merchandise, vintage kits, autographed jersey, football boots, etc.

TOFFS is known to cater to this segment wherein they are offering retro jerseys to fans from 90+ football league clubs. They also offer vintage merchandise of legendary players on their website.  

In a nutshell, these were just a few of the successful online ventures that took everyone by surprise with their popularity considering, the niche market in which they operate. The online scene in the UK is booming to the extent that now £1 is from online sales from a total of £11 in overall sales in the country. Now, you know why e-commerce stalwarts like eBay and Amazon UK are getting richer day by day.

Posted in FinanceTagged need money now, start up business loans, startup loans

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