In the year 1995, the first time in history – A book was ordered online on an e-commerce portal, which we know today as one of the bests in the field – Amazon.
More than about 2 decades later, the industry of E-commerce selling has made over 2 trillion US Dollars of sales all across the world. We can easily say that there is no looking back now.
E-commerce’s advent with competitors like Flipkart snap deal, Alibaba has revolutionized and redefined retail business not just abroad but also in the Indian economy. It has evolved and grown so that it could meet the changing needs of people, and so that the modern customer could do online shopping in a much easier way. When E-commerce was started, it was limited in its capabilities. However, the case is not the same anymore and we can thank the different E-commerce service providers for the same as well.
If you want to take your E-commerce business to the next level in the year 2020, you should make sure that you understand why buying and selling is the new cult!
Unstoppable growth in online sales
It is growing and for good. Be it from the perspective of a buyer or a seller the growth in online sales is benefited to both. How? If the sales of a seller would increase, we as sellers would get more options and choices online and in the lead of the same – if the buyers will keep buying and sellers will gain profit as they solve the question of how to boost sales on Amazon, they would not stop selling. This two-way process is making online selling and buying reach a mark-up each day.
The Era of Smart Devices
Is everyone having a smartphone in their hands or a laptop at their desk? The answer is yes. Of course, this is the greatest reason that the online business is shooting up the heights. It becomes unimaginably handy to sell or buy with the medium of the internet. Besides, as we move forward with the trends of digitalization it is way better and lucrative in all approaches of the E-commerce ladder growing.
The evolvement of Social media –
With the social media’s shopping spree is leading with good speed; we need to know what makes it another cult in our list. As with the introduction of the “Buy Button” that is now available on social media sites like Facebook or Instagram. Social media is turning out to play a significant role in the universe of E-commerce solutions from day to day.
With no doubts kept in mind, the social media has been the root change in the way we all live our daily lives in the present frame, which also includes the way we buy and sell things. Social media is loved by all and by promoting yourself there will make your sales reap some highs, also if the buyer wants to buy something at the comfort of their home or without stepping out – we all know by now what the best option is.