E-commerce has seen steady growth over the years as more people switch to making a more significant percentage of their purchases online. Now it has become commonplace to search for commodities online and compare prices before making a purchase on the best deal.
E-commerce is clearly evolving as entrepreneurs innovate on how to make the online shopping experience even better and more convenient. This is evident as more international e-commerce platforms such as Shopify, Volusion, Yokart, and Magento to name a few have a robust mobile suite primed for mobile searches and payments.
Online shopping holidays
The amount of business happening online is currently staggering. A good barometer for this is the number of sales that occur during online shopping holidays such as Cyber Monday and Black Friday. Although these are online shopping holidays, they have quickly caught on globally thanks to the power of international e-commerce platforms.
Last year alone, sales from Cyber Monday hit a record $6.59 billion of online sales while Black Friday registered $5.03 billion online sales.
Online shopping holidays have taken the world by storm and have quickly etched their place on most people’s shopping calendars due to their amazing bargains. This is another clear indicator that more people are turning to the convenience of shopping online in the comfort of their homes.
Then there is the festive season of Christmas and New Year during which online sales are expected to be high judging by previous years.
What do the future hold for Online shopping and International e-commerce platforms?
The number of people shopping online will continue to rise as more people get smart mobile phones, and internet connectivity spreads. It is in fact estimated that by 2025, 1.8 billion people will enter consuming class according to McKinsey study. This means that they will be spending $30 trillion and with better internet connectivity, they will access business just like yours.
International E-commerce platforms such as the following are the engines behind retail revenue:
- Shopify Plus
International e-commerce platforms are the engines that a majority of businesses will choose to sell their wares to a broader global market, thanks to technology. It is faster and can reach a broader market across borders. With numerous payment gateways, advanced shipping, and web stores that are multilingual, the world is indeed your oyster if you choose to sell your wares online.