Business
LinkResPet (LRSV) Eyes Expansion Into B2C Space With Subscription Based E-Commerce Shop
LinkResPet (LRSV) Eyes Expansion Into B2C Space With Subscription Based E-Commerce Shop.
About this update from Link Reservations Inc.
[{"type":"text","content":"\nKINGTON, United Kingdom, May 13, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- LinkResPet, a subsidiary of Link Reservations Inc. (OTC: LRSV), a company providing Cannabidiol (CBD) products especially tailored for pets, is developing an e-commerce shop for the B2C space. LRSV acquired its website, www.linkrespet.com in February 2019 and it is now working to convert it to an e-commerce site.\n Pet owners are increasingly going online for their pets’ needs and products. In fact, 40% of pet owners in the US purchase pet products from online retailers. It is easy to understand the rise in e-commerce, with benefits for consumers including: the increased variety and availability of options, greater accessibility and ease of delivery to their homes. Taking this onboard, LRSV’s LinkResPet site will be transformed into an e-commerce platform, allowing customers to buy CBD products for dogs, cats and/or horses from the comfort of their device. “For us, it makes absolute sense to enter the CBD B2C market with an e-commerce platform. There is a huge opportunity for LinkResPet, with the number of people increasingly buying products online and further ease and accessibility”, explained Rene Lauritsen, Link Reservations Inc CEO. “We are focused on delivering the highest quality product in the most approachable way for the customer, having an e-commerce platform is the first step for that. Beyond being easy to control and maintain, starting with e-commerce ensures that we remain dedicated to the product quality and swift experience for the customer as opposed to intricate logistics that arise from brick and mortar shops”. In fact, e-commerce is starting to become the most popular shopping medium in key territories. According to Absolunet, e-commerce is expected to account for 15% of all specialty retail sales in North America, with digital influencing nearly 60% of all retail sales. Mobile helped fuel sales, which increased 55% in a year, while e-commerce in the region grew by 16% in 2018 to over $500 billion. Europe is also proving a fruitful market for e-commerce. According to Emarketer.com, ecommerce sales in the EU-5 (France, Germany, Italy, Spain and the UK) are expected to exceed $325 billion this year and surpass $400 billion in 2022. “The key aspect for us is that our LinkResPet e-commerce site ...