How An E-commerce Store Can Improve Your Business

ecommerce-store-importance

The e-commerce fraternity is expanding at an astronomical growth rate in the United States as more and more people have been enjoying the comfort of ordering products from their home.

The need of having an e-commerce store set up by an expert e-commerce consultant is increasing by the day as a sound online presence assures the businesses with the potential of reaching widespread audiences in a short span of time. Selling a range of products and services online can demonstrate a comprehensive range of benefits to boost the business.

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E-commerce Trends Popular in 2019

The prospect of growth in the e-commerce industry has just begun to reform the way people trade. The exponential expansion observed during the last 10 years in the online retail sector does not approach a saturation point but marks a sunrise of brand new innovations which would further transform the means of conducting business online.

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Does Your E-commerce Store Need A Mobile App, When It Already Has A Mobile-friendly Website?

The question of how an e-commerce store can improve your business is best answered by recent developments according to which Amazon’s valuation could skyrocket to a colossal $1.3 Trillion in 2020.

Tracking down the U.S. Department of Commerce figures, e-commerce sales alone in 2018 accounted for about 15% of the entire retail sales in the United States, totaling to over $515 billion that U.S. customers spent just to shop online.

With this information, multiple sources estimate that about 75% of all online purchases are being made on mobile devices and most people prefer to use smartphone applications over mobile websites.

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Marketplace Model

Today’s day and age is the age of Sharing economy and marketplaces. The biggest taxi operator today owns no cars, the biggest hospitality company does not own any hotels, the biggest food service providers do not own restaurants or kitchens. All of this has been made possible by the marketplace model.
Starting your own e-commerce business is well within your reach now. There are plenty of automation tools and high-tech resources available to assist you with scaling your business. What would be your next big move, it is up to you!

Marketplace

The marketplace model provides a huge opportunity for growth and is already showing an effective result for various businesses. You might be wondering:

What is Marketplace Model

Online store (marketplace) where multiple sellers/vendors come together to sell their products to customers. The store is owned by the administrator, who invites multiple sellers/vendors in the exchange of a commission or a fixed listing fee.

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SpreeOnReact - A SpreeCommerce Storefront built on ReactJS

Overview

Spree Commerce is one of the best open source e-commerce platform written in Ruby language. It boasts of its feature completeness coupled with a vast ecosystem of extensions and quick pace of development. SpreeOnReact is an open source SpreeCommerce front-end solution built entirely on Facebook's ReactJS library. It provides a set of core e-commerce functionalities from where you can start adding more features instead of building everything from the ground up. The library is compatible with Spree 3.1 and Spree 3.2 .Read more