According to the U.S. Department of ecommerce, online sales in the second quarter increased a whopping 17.6 percent from the same quarter last year. Contrast that with the total retail sales increase of 8.1 percent for the same period, and you see that online sales growth outpaces offline by a wide margin.
E-commerce sales skyrocket across the developing world as well, building an online presence is a low-risk way to test new markets or complement existing store footprints. According to the Forbes an ecommerce solution are becoming essential for small- to medium-sized businesses as online sales during the last few months grew at 15-20 % year over year, while retail merchant were down.
Why ecommerce is good for your company?
As the internet becomes more commonplace and the concept of Online Marketing is ever expanding, many products and services are available online today through the use of online payment transactions, and as per the survey results people have become more comfortable to shop online.
Following are some smart reasons to go for online business
Maximize your rich:
When your company does business online, you are accessible to the entire globe. Geography location could not be an issue. You will be having bigger market and more customers for your business.
You can do business in any currency you can choose with. You can have multiple payment options like Online Credit card transactions, Cash on delivery, Money order Better Inventory management: Your inventory manages digitally. More, you can opt to own or rent warehouse space to store inventory, or you can create a working relationship with wholesalers or manufacturers that ship directly from their facility and save your efforts and money on maintaining, receiving, unpacking, displaying, storing extras inventory and selling as quickly as possible
Lower Operating cost:
You will be having very low overhead of your storefront, hiring and managing employees, managing print media.
By digitally transferring your fund, inventory management and low cost of operations can reduce your business transactions cost while at the same time your products are accessible to the entire globe which gives you better revenue.
You can also streamline processes and communications, and Conduct demand forecasting by analyzing various reports with the ecommerce portal.
These are the reasons which drive the world to the ecommerce platform.
Evince Development Pvt.Ltd a specialist in ecommerce technologies, has launched an introductory offer that allows retailers to buy a ready-to-use enterprise level ecommerce solution backed by robust Magento technology platform.
We are providing feature-rich, professional ecommerce solution that offers merchants complete flexibility and control over the look, content, and functionality of their online store. ecommerce solution intuitive administration interface contains powerful marketing, merchandising and content management tools to give merchants the power to create sites that is tailored to their unique business needs. The store can be available with multiple languages, multiple currencies, multi-level price for promotions, multiple payment options, and multiple online stores managed with same admin panel. It can be integrated with leading web analytics and email campaigning software. We are providing completely scalable ultimate ecommerce solution.
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