Bringing E-Commerce to Your Business
As early as 2013, physical retail was dominantly the way most people did their shopping, but today shopping online has replaced so many products and services that previously were thought only relevant through physical shops. Consequently, many businesses have welcomed E-commerce with open arms.
Should you consider E-commerce for your business? Here are some advantages to consider:
1. Wider Customer Reach
The reach of E-commerce obviously extends businesses beyond immediate footfall, and possible reaches out to remote customers from every corner of the world – an example is how www.bookdepository.com has transformed how hundreds of thousands of people purchase books.
2. Extended Business Hours
Since your business is no longer restricted to a retail front, you can keep your business open 24/7. Customers can place their order or inquiry on your website at any time and will be able to receive your product at their doorstep within just a few days.
3. Better Management of Resources
By introducing E-commerce into your business, you can now streamline and manage your resources in a more better, organized and efficient way. E-commerce, working together with good user experience (UX) design, helps send relevant messages to customers that will benefit your business.
4. Unlimited Information
When you limit your business to a specific location, you limit your information too. With E-commerce comes unlimited information about the world – The internet removes all the geographical limitations, and any of your customers queries can be directly answered online. This interaction improves the relationship between the you and the buyer.
5. Access through Existing Online Marketplaces
An online site allows customers to access the latest new features that provide their shopping with a better experience. Your products might not be a full range, and it could make sense to leverage on an existing online marketplace, such as Qoo10, Carousell or Lazada. Meanwhile, consider then building up your own brand with your own website too, running alongside these online marketplaces.
E-commerce is a very easy to setup, much more affordable than a retail space and dependable, potentially helping your business grow beyond its current physical limitations.