We are in the era where every thing is shifting towards digitization
and 1.12 billion people worldwide are interested in to purchase and avail services online irrespective of the product and services. As business point of view this statistics show the great opportunity to extends the service.
this image below is from codeable.io shows statistics of digital buyer from world wide in the period of 2011-2016
ADVANTAGES OF E-COMMERCE:
- Faster buying/selling procedure, as well as easy to find products.
- Buying/selling 24/7.
- More reach to customers, there is no theoretical geographic limitations.
- Low operational costs and better quality of services.
- No need of physical company set-ups.
- Easy to start and manage a business.
- Customers can easily select products from different providers without moving around physically.
AVERAGE E-COMMERCE BUSINESS SELL:
Internet businesses can increase the change the sell from a few thousands dollars to hundreds of millions. This graph reveals the data that can be reviewed that are typically businesses in the $100 thousand to $10 million valuation selection.
E-commerce is no longer a luxury for today’s businesses. It’s a necessity. with out e-commerce, company’s that have no e-commerce are limiting the opportunity of growth. Luckily, with the right software program in place, running an e-commerce store is simple and rewarding.