As per the report from the U.S. Census Bureau, the sales figure of e-commerce business has achieved 80.3 Billion, which shows that it will soon rule the online market.
So, here we are going to discuss some of the prominent platforms for each e-commerce business.
Shopify has been voted as the best e-commerce platform for now in view of its simple setup, quicker loading speed, and secure payment portals.
The user can likewise set preferred currency settings, time zone, expenses and language according to the requirements.
Magento is without a doubt the market pioneer in e-commerce development platforms.
This framework made its debut as Magento Go and later launched an updated version Magento 2.0.
E-commerce is here to stay, which means it is useless to examine how drastically it will shape the future of retail and customer behavior since it already has!
The things are e-commerce is a very competitive space that has gone through the most intense technological transformations over the recent years and the change isn’t going to stop sooner.
After serving millions of customers over the last few years, e-commerce businesses have not only gained experience and industry insight but also a large pool of data.
This data was considered a wastage of resources a few years ago, recent development in machine learning, pattern recognition etc.
has made it virtually a gold mine through which invaluable information can be extracted about the consumer behavior.
A few years ago, these technologies have been used by just large corporations mainly due to high cost, but now they are increasingly getting cheaper and widely accessible to enable small businesses to reap the benefits as well- i.e.
Of course, they won't deal with manufacturing and they won’t deal with require to worry about unsold goods or stock which can make a huge loss.
Coming years has a drastic change in the Manufacturing, Supply Chain, Retail units with the logistic companies.
It's been agreed that now 40% of purchases are happening over the logistic companies such as e-commerce and woo-commerce businesses and expected to reach 75% in coming days.
If you are stepping to enter in a Logistical business sector then you must reach this article.
Many reasons to say “why having an e-commerce app is beneficial to businesses.” And how advantageable it is to have an e-commerce mobile app for your business: It helps you target the audience globally.Increases online visibility of your business.Helps in building brand recognition.Makes it easy for the customers to reach.Allows you to communicate with the customers and interact with them.Keeps the customers engaged with your products.Quick updates to customers about your business regarding discounts or sale through push notifications.
Folks are now super busy with own schedules hence their is highly less preferred ones who spare some to buy at a local shop in limited choices unless they have a tight time to buy or unexpected plan.
With more than 450 individual companies claiming to be VR technology startups, the future of AR and VR looks promising.
More businesses are expected to use this technology to attract customers and this is not just an ecommerce trend 2020, but the future of ecommerce.
Be it a Black Friday or a Cyber Monday- Worldwide people prefer mobile devices for shopping.
A survey has revealed that over 67 percent of people tend to purchase using their mobile phones.
In such a scenario, it is advantageous for the online retailers to come up with a customized eCommerce app and stay ahead of the competitors who still sit on the fence.Apart from attracting more people toward your business, the eCommerce mobile app development enables you to increase the flexibility while offering a solid marketing channel in the form of a feature-rich app.
You can also enhance the brand awareness and gather the user’s data to boost your business further with the eCommerce mobile application.
Courtesy: Tech-Wonders Though eCommerce app offers many business benefits many online retailers remain hesitated for bringing an app.
One of the biggest reasons for their reluctance is they have no idea of how much does it cost to have an eCommerce app for their business.
The online retail industry is booming, and with the right e-commerce strategy, you can be on the bandwagon to success too.
10 Easy E-Commerce StrategiesIncrease E-Commerce Search UsabilityOrganizing a web store for those two groups of prospective customers: – Visitors who know what they want to buy.
Show Shipping CostsNo one likes to go through the way of typing all of their information into your site and get to the end only to find out that there is a huge delivery cost.
Adding Live ChatUsing live chat, customers can ask questions or express concerns before making any buying decision.
This opportunity can increase the conversion rate or perfect the customer shopping experience for your brand.
Give Rewards to Loyal CustomersOn average loyal customers are assets up to 10 times as much as their first purchase.
