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E-COMMERCE, A MONSTER
When was the last time you walked into a store to buy a piece of clothing or to even pay a bill? I consider myself to be an impatient customer who has no time for long lines, a crowded store or even to face anyone at all. I truly enjoy the comfort of lying in my bed surfing the internet, taking my time to shop for products and services that I have great interest in. Shopping online has become a way of life for me. In fact, it has become a hobby that I engage in even when I am bored, which forces me to do a bit of impulsive buying. I’m working on getting that impulse under control.
When all is said and done, it is a known fact that since the beginning of time when e-commerce was introduced to the world, millions of consumers got hitched, not to mention the millennial who have become so technology savvy. It’s all about the ease and comfort. When it comes to online shopping then the whole case becomes much more enjoyable and a full comfort zone.
E-Commerce is a huge platform which is growing at an unprecedented rate all over the world. People from every age whether they are children, millennial, or old loves to shop from different e-stores. Online shopping provides more happiness as compared to physical shopping stores. In the coming years, it is expected that growth of e-commerce will increase like never before with all the current technologies. The rate of online shopping is increasing beyond measure rate and this is driving e-commerce owners crazy to keep their solid place in the online race.
E-COMMERCE IS A MONSTER. As per an authenticate survey, retail e-commerce sales ratio from 2014 to 2020 will be hike around 200%. This is a huge commercial impact.
If you own a business, and yet to take full advantage of that the internet has to offer, you better get with it. Reports show that companies that were once on the Fortune 500 list are no longer at the top of their game as new and emerging companies continue to take full advantage of this hi-tech opportunity .
It is highly essential to be updated with all the current e-commerce trends.
If you are aiming to make a strong online reputation of your business, it is a compulsory task to focus on website development as well as mobile app development based on your industry. Since the inception of e-commerce shopping sites, the way people do shopping has completely changed. No doubt that e-commerce industry is escalating at a rapid pace and will boom in the coming more years.
Some of the major trends which are driving e-commerce trends globally:
1. Data driven data
2. Mobilized shopping strategy
3. Subscription Based Selling Is Rising
4. Shopping Videos trending
Living in the technological era, it is highly essential for fulfilling customers’ requirements. People prefer only current things and this is the most important reason for keeping your business up-to-date.