E-commerce Trends

E-Commerce is a necessity and not a luxury anymore. With widely available and easy to use SaaS platforms, it has become convenient to set up an  E-commerce  business. According to a 2017  survey report , 48% of people brought their groceries online, and 11% did all of their food shopping through an internet-capable device. Some studies suggest that 95% of purchases will be made online by 2040; e-commerce is opening the doors of opportunity to countless entrepreneurs. For the business that has already started on its E-Commerce journey, there is always a consumer demand for more. In this article, we will discuss a few emerging  AI in E-Commerce  trends to look out for. With so many options and technology enhancements, each business can continue to chose what works best for its market and customers. Chatbots Voice Search Personalization and Localization Omni-Channel Marketing Augmented Reality Mobile Wallets It is very important first to understand the ...

The term innovation does not belong to a particular region or segment of society — It can happen anywhere. There is a widespread belief among founders that a well-written business plan, org chart, thoroughly thought out financial plan and a lined up venture capital meeting is a precursor to  startup  success. These items are never a necessity for startup success. Bootstrapping a business comes with its own set of challenges. – The first being wearing multiple hats and the expertise of doing everything with perfection around the same time. What might be a year’s work to a large organization is a week’s work in a  startup  world, where everything is a make-or-break deal. – The second challenge which almost every founder has to deal with is delegating tasks that they are not good at to other small contractors or specialized firms. We have seen this to be a significant cause of  startups  failing before they even take off the ground. No...

W e’ve reviewed the 10 best E-commerce platforms available on the market to help you figure out which E-commerce solution is the best fit for your business in 2020. Build vs. Buy E-commerce Solutions While building an E-commerce business, it is relatively typical to evaluate build vs. buy options. The build options tend to lean towards home-grown solutions, and buy options favors towards SaaS licensed options. Of the 1000 largest e-commerce retailers in the industry, about 52% have built their e-commerce systems. Even with the challenges of keeping these systems current with the rapid technology changes, there have been minimal migration efforts to a brand new system. There are a significant cost, complexity, and team scale needed to migrate to the SaaS alternatives. Build vs. Buy choices for e-commerce may usually center on technology comparisons, but there are many nuances to be considered beyond technology and features. Buy:  Consider buying a licensed or hosted e-comm...