Do you have an eCommerce website? If the answer is no, why not? We all are sick and tired of the global pandemic. Unfortunately, it continues to affect various countries and reshape our way of living altogether. As a business owner in the retail industry, you must find a way to stay afloat during these challenging times. And what better way to do that than by ensuring a steady revenue stream with the help of an eCommerce website.
For years, eCommerce has served as a sure-fire solution for businesses that want to expand their market reach. This is why it’s not surprising that there are around 24 million eCommerce websites across the globe. If you’re a techno-digital greenhorn and you’re not all too sure about what eCommerce is, our quick guide below will come in extra handy for you.
What is eCommerce?
Simply put, electronic commerce or e-commerce is a model designed for companies and individuals to allow them to buy and sell products over the internet. It’s a game-changing market innovation that has brought around 4.8 trillion US dollars in the global eCommerce retail industry in 2020.
Even before the pandemic, thousands of businesses have established their online presence through eCommerce. And because it has shown great potential, businesses, regardless of the size or niche, continue to tap into eCommerce solutions to weather the storm that COVID-19 created.
Why eCommerce Matters More than Ever
There are plenty of reasons why you should consider taking advantage of eCommerce (if you haven’t used it yet). For starters, the pandemic has increased the use of mobile devices like phones and tablets. This has prompted the increase of worldwide online shopping in 2020 by around 74 percent compared to the previous year.
Online shopping has also become the go-to option of many consumers because many can’t easily go out. Instead of shopping for their favorite products and other necessities in the usual brick-and-mortar shops, they search for eCommerce options.
Here is a quick list of the top reasons businesses like you should consider building an eCommerce website to reach your customers:
- – Create faster, safer, and more efficient shopping options for your customers
- – Be available for your customers who need your products or services 24/7
- – Increase your market reach without expanding your workforce or boosting your overhead costs
- – Find better ways to personalize your approach to your target market
- – Speed up your operations while you maintain your physical store
- – Get more detailed insights on your purchases, revenue, and market behavior
Get Your eCommerce Site Ready with YHP
Without a doubt, having a fully functional eCommerce site can make a huge difference for your business. No matter the size of your inventory, the type of products you offer, or the number of countries you cater to, it’s high time to consider putting up your eCommerce website.
Our team of website marketing professionals is here to lend you a hand. YHP is your partner in creating a functional and seamless eCommerce website. Feel free to get in touch with us at YHP to start conceptualising your website’s design and functionalities. You can reach us at email@example.com or call us at 0800 WEB DESIGN (932337). We look forward to building your business to success!