It’s no secret that e-commerce is on the rise. In 2019, global e-retail sales amounted to 3.53 trillion US dollars and are projected to reach 6.54 trillion US dollars by 2022. In India alone, the e-commerce industry is expected to grow from 24 billion US dollars in 2019 to 84 billion US dollars by 2021. With these kinds of numbers, it’s no wonder why many brick-and-mortar businesses are feeling the pressure to go digital.
The Benefits of Having an E-Commerce Site
There is a multitude of reasons why you should have an e-commerce site, but here are a few of the most important ones:
1. Reach a Wider Customer Base
An e-commerce site gives you the opportunity to reach a global audience with just a few clicks. Whether you’re selling products or services, you’ll be able to tap into markets you otherwise would have never had access to.
2. Increased Sales and Profits
With an e-commerce site, you’ll be able to sell your products or services 24/7 without any geographical boundaries. This means that you can make money even while you’re asleep!
3. Save on Operating Costs
An e-commerce site also helps you save on operating costs such as rent, utilities, and manpower. By having an online store, you can run your business with a leaner staff and lower overheads.
4. Get Real-Time Data and Insights
E-commerce platforms provide invaluable data and insights that can help you better understand your customers and what they want. With this information at your disposal, you can make informed decisions about your product offerings, pricing, marketing strategy, etc.
5. Stay ahead of the Competition
If you don’t have an e-commerce site in 2023, chances are your competition will – and that’s not a position you want to be in. By being early adopters of this technology, you’ll be able to gain a competitive edge over those who are late to the game.
6. Generate Passive Income
Last but not least, an e-commerce site gives you the opportunity to generate passive income. Once your site is up and running smoothly, it will require relatively little maintenance and can continue to generate revenue for years to come!
You already know that an E-Commerce site is super important for your business. But you don’t have coding or development skills. How can you get a professional E-Commerce website? No worries! Contact Createnex. Createnex is a Marketing cum IT agency with dedicated teams of web developers.
As you can see, there are many good reasons why you should have an e-commerce site in 2023, regardless of your business. With the global market projected to reach 6.54 trillion US dollars by 2023, now is the time to start planning your transition to the world of online commerce!
As the world progresses, so does the way we conduct business. In this digital age, more and more businesses are going online – and for good reason. An e-commerce website provides many benefits that can take your business to the next level. If you’re still not convinced, here are 10 reasons why you need to have an e-commerce site by 2023:
1) Increased reach 2) Cost effective 3) Available 24/7 4) Increased sales 5) Quick and easy transactions 6) Reduced operational costs 7) Automated processes 8) Access to valuable data 9) Improved customer service 10) Increased brand awareness and visibility 11) Get Found on Google.
