Why E-commerce Website Development Is A Must For Your Business In The 21st Century?
E-commerce website development has become an integral part for the success of any business today. Have you ever thought of building one of this kind for your business? If not yet and you really wish to sell your products online and establish a strong online presence, let me tell you and I am sorry for that, you are late. Okay, now don’t waste your time anymore.
Latest statistics will tell you this very clearly. According to the current reports on e-commerce website development, 40 percent of global internet users have bought products or goods online via desktop, mobile, tablet or other online devices. Based on the new trends in online market, reports further add, this tendency is projected to continuously grow.
Are you still in hesitance on e-commerce website development for your business? Let me show you more. Based on new statistics, in 2016, the sale of physical goods via digital channels in India amounted to 16.07 billion U.S. dollars in revenues. India is growing as one of the biggest e-commerce markets worldwide, with millions of new internet users benefitting from online shopping. Total number of internet users in India is estimated to surpass 635 million in 2021. If you are not done yet, is this the right time to think of e-commerce website development for your business?
What is e-commerce website development?
E-commerce website development means the process of building online portals for your business that facilitate online transactions of goods and services across the internet. To simply say, an ecommerce website allows your business to sell products and services to the online audience.
Nowadays, people are not using internet only to search for information or connect with others but also to shop, buy and sell products and services. As we mentioned, the number of people preferring online shopping than offline is increasing universally in a daily basis. When this trend is projected to be continuously growing, an e-commerce website development for your business becomes need of the hour.
Why e-commerce website development is a must for your business
E-commerce website development is a must for your business in this 21st century. Oh, you don’t agree? Wait, I will you why I am saying this. I tell you some cogent and powerful reasons for why I believe that without e-commerce website development businesses cannot be successful in this era of digital technology.
Here are my top seven reasons for why e-commerce website development is an essential for your business to succeed.
A global growth is expected in e-commerce
Looking at the current trends in e-commerce, studies are reporting that globally, ecommerce is expected to grow by as much as 13 to 25 percent in 2018. In 2017, e-commerce market is expected to reach at nearly $1.6 trillion and by the end of 2018, almost $2.5 trillion. Moreover, with more than 206 million predicted online purchasers spending money this year, there’s never been a better time to start with the e- commerce website development for your business.
Studying and researching the current and expected trends is always important for a business to be successful. Study the trends in e-commerce and make a plan today itself.
Mobile e-commerce is conquering the world
E-commerce website development becomes all-important for your business for this reason alone. A report published by Forrester Research in 2016 states that the number of consumers searching internet for e-commerce services and e-commerce shops, and buying online is expected to peak at 270 million and this will be mainly driven by mobile devices.
According to another study by GoMobile, mobile devices will account for 30 percent of global retail e-commerce spending by 2018, up from 15 percent in 2013. And the trend is growing continuously. A mobile friendly e-commerce website development is the key to success today.
This is my third reason for why e-commerce website development is essential for your business success. BigCommerce’s report on online shopping trends in America finds 30 percent of online shoppers say they would be likely to make a purchase from a social media network like Facebook, Pinterest, Instagram, Twitter or Snapchat. 20 percent of online shoppers would be likely to make a purchase from Facebook while 29 percent would be likely to follow a brand on Facebook.
These trends are indicative of the powerful potential of social media in e-commerce market. In 2019, it is estimated that there will be around 2.77 billion social media users across the globe up from 2.46 billion in 2017. Do you need any more reason for why e-commerce website development is crucial for your business?
Global customer reach
E-commerce website development is vital for a global customer reach. When you sell a product or service through an e-commerce website, then you tend to reach out to a much wider and global audience as compared to traditional commerce methods. This reach will definitely reflect in your overall sales and will lead the business to success.
Looking into the aforementioned current trends and statistics, you can guess how much reach you may generate through an e-commerce website.
You earn as you sleep
Interesting, right? But, it is 100% true in e-commerce. You can earn money through this online business even if you are in a deep sleep. With your e-commerce website is open 24/4, you give your customers all possibilities to purchase from your e-shop not just during regular store hours but throughout the day. Be it is a Sunday or a national holiday, your e-store is always open. I hope that now you have come to make a favorable decision on e-commerce website development for your business.
People are being more lazy
This is another reason for why you should start with e-commerce website development immediately. As it is said, by the introduction of technology, people have become lazier than before. They choose to sit around and play one their phones. This laziness is becoming obvious in their shopping habits as well. Since all online retailers deliver their product to the doors, people prefer to shop online rather than going out.
Each and every product that people want is available in online stores for better price and service. They can also compare the prices of different store just by browsing on their phone sitting on the sofa watching TV without going to crowded markets outside the home.
E-commerce is easier to set up
You may have the same thinking of many people that e-commerce website development is a risky task. But, I say it is much easier than setting up an actual offline store. There are many good e-commerce website development and management platforms which can easily do this task for you at reasonable rates.
There are also many other reasons for why e-commerce website development is vital for your business to succeed in 21st century. I just shared few of them which I think are really convincing. I hope you have made a decision. All the best.