UK’s OnBuy sees toy orders surge 270% year on year

The UK-owned marketplace, OnBuy.com has seen toy orders increase 270 per cent this year on the same Q1 period in the year prior.

The surge in numbers of toy orders highlights the platform’s growing success on the online scene, with year to date sales now 13 per cent higher in 2019, and with 600 per cent more users registered.

As well as its 1300 per cent year-on-year growth (March ’18 to March ’19), OnBuy has also reported that transactions for the first week of April 2019 were up 112 per cent on the first week of March 2019.

Cas Paton, entrepreneur and founder of OnBuy, said: “We’ve experienced a fantastic week to kick-start April and put our booming sales and growth down to continually fostering innovation to enhance the customer experience.

“At the end of last year, we announced our partnership with global online payment specialists, PayPal, which has really helped fuel our exponential growth. The move to PayPal means that our buyers and sellers benefit from a robust level of security and protection.

“Equally, we attribute our exponential growth to the fact that our selling fees are cheaper than Amazon, meaning sellers can price competitively and stay profitable whilst buyers can get the best deal. We make the lives of our sellers as easy as possible by continuing to bring new integrations on board, such as ChannelAdvisor, Linnworks, Storefeeder, Royal Mail Click & Drop and plenty of others.

“We will continue to disrupt the sector by investing millions into OnBuy and will shortly be launching new services to revolutionise online retail across the country, details of which are yet to be revealed.”

With over 8 million customers and 12 million products listed online over thousands of categories, OnBuy also has ambitious plans to expand and launch in over 140 countries by 2022.

About Robert Hutchins

Robert Hutchins is the editor of ToyNews and its sister title, Licensing.biz. He has worked his way from Staff Writer to Editor across the two titles, having spent almost eight years with both and what now seems like a lifetime surrounded by toys. You can contact him by emailing robert.hutchins@biz-media.co.uk or calling him on 0203 143 8780 You can even follow him on Twitter @RobGHutchins if ranting is your thing...

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