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New trade legislation to enable the major online sellers to increase volumes of sales

Before the end of the year the Ukraine is expected to alter the regulations for virtual trade. The appropriate draft law is already registered in parliament. The internet-shops will thus undertake to arrange for relevant offices and storage facilities as well as to provide the buyers with all the information as to licenses and patents. In the opinion of some experts the poky online shops will have to close or work illegally. At the same time the big networks will increase the volumes of their trade and as a result will be able to lower the prices.  

In this way, the manager of Internet project Rozetka, Mr. Vladislav Chechetkin, believes, some enforcement of the state regulation will definitely benefit the online traders. In a guess of the businessman, the new principles will add up to a reduction of over-the-top level of fraudulence in the network. Besides, the representatives of major operators of the online trade believe that the prices may even go down in case only major and medium-sized traders remain in the market. Reduction in the number of online trade participants will lead to a fact that the remainder internet–shops will increase their turnover since this trade channel has already its own permanent audience who will not go to nowhere.

Continuation of article - in Distance Selling Digest soon!

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Source: ua-retail.com

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