E-commerce website development is a truly an innovative way to represent any market. It is just revolutionized the way of selling , buying, trading. It is the future of “way of doing business”.
It gives tremendous opportunity to
1. business person to represent his business with infinity number of products and services.
2. likewise Buyers to find the right product / services which can satisfy their needs most at an economic cost.
3. similarlyTraders to find the right portals to sell the products without investing much.
There are many challenges in a pure e-commerce website development market, but it is the beauty of it that it is resolving every challenge and growing rapidly.
You can freely buy clothes, tech, food, drink, even cars online – the list is endless, and it’s all accessible with the click of a button.
A number of platforms are available for an e-commerce website development such as WordPress, Magento, Shopify Joomla, Drupal, etc.
Shopping online is now a multi-billion-pound industry that is undeniably a major part of our everyday lives. With that in mind, we thought we would throw a kind of celebration together in the form of
5 interesting facts about the world of eCommerce for you all to enjoy!
- 1. Offline Market Stats:
According to reports real world market is down by 30% due to the growth of e-commerce market. As technology improves everyone is become used to of technical devices like smart phones , computer, laptop’s etc.
More than 70% People find it easy to purchase online.
- 2. Approach towards technology is improved :
In developing economies like Asian countries, the scope of e-commerce website development is very wide as it provides the opportunity for the clients to buy products at very competitive cost. Other than this from past 10 years there is a drastic change in the approach towards technology. People find it easy and beneficial to buy products online.
E-retail revenues in Asia Pacific amounted to 877.6 billion U.S. dollars in 2015 and are expected to grow to over 1.89 trillion U.S. dollars by 2018.
- 3. Exposure of maximum product verities :
Clients reach towards products is increased. It is one of the biggest benefit of e-commerce for sellers and buyers. For sellers , there products gets maximum exposure in market. A seller can display a large number of verities in portal which is not possible in real world. Meanwhile for buyers , they can see a large number verities and can choose right product which is not possible in real world.
- 4. Review Prodcuts online before purchasing :
An interesting fact related to electronic market. 50% people check electronic products price , quality , reviews online first before purchasing it offline.
- 5. Gaining People’s Faith :
As e-commerce market is growing it gets people’s faith. More than 60% people are satisfied with online shopping. The easy policies of big portals related to refund , on time delivery , products quality check are the reasons behind e-commerce success.
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