The shift from an ick-and-mortar store to online selling has been revolutionary this year. The number of eCommerce websites has soared high in terms of potential growth due to the advancements in technology and innovations in the field of eCommerce. Also, the global pandemic and lockdown restrictions have been a major reason for the rise of eCommerce this year. As per statistics, there are almost 12million – 14 million eCommerce websites active across the globe in the year 2020. Additionally, with every passing day, the number of new websites just keep on increasing.
E-commerce, in a nutshell refers to buying and selling of goods and services using the internet as a medium. The online portal facilitates the use of digital transactions for goods and services, along with informational data. For all of this to function, one needs an online store. Hence, an eCommerce website, a cornerstone to any eCommerce business.
The platform is a key player that contributes to the success of any business. From brand growth to targeting potential prospects, from boosting traffic, to analyzing product reach and conversions, eCommerce website acts as a strategic tool for online selling.
Why does one need an eCommerce Website?
Well! The answer to this question is pretty self-explanatory. There is no eCommerce without a website. Last year itself, the eCommerce sales across the globe valued to be around 3.45 trillion dollars. In India itself, as per research data, the eCommerce market revenue is most likely to shoot up to 71 billion dollars by the year 2024.
Considering the above statistics, one can surely tell that eCommerce is an industry that has rolled the eyeballs of every entrepreneur as a potential market for business growth. Additionally, eCommerce business allows the inclusion of almost each and every business sector. The limitation is very few.
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