“You can’t just open a website and expect people to flood in. If you really want to succeed you have to create traffic.”-Joel Anderson
E-commerce market has expanded exponentially and now it has become a game of billionaires thus the growth of ecommerce market has finally reached upto $334 billion. From a very dynamic source it has been known that many huge entrepreneurs are not much interested to invest any more in the exceptional share holding ecommerce company i.e. Amazon.
They are on the verge to invest in a mini ecommerce company known as Stamps Inc.
U.S
It has been found out that certain managers are taking much interest in E-commerce stores because of a sound reason. The reason is there has been witnessed a sudden downfall in the straight lane of U.S Postal Services along with other smaller ecommerce business has seemed to gain much appreciation and much customers in a matter of no time.
Increment
As a general result of stats obtained by the Postal Services, the overall package volume of the postage has received an increment of almost 15%. Also, the legitimate license and the greater mercy of U.S Postal Services is definitely in the favor of Stamps.com.
Due to which, Ecommerce has largely become open sourced and wide ended. As with the passage of time both the ratio of usage of urban population of ecommerce and ecommerce companies is increasing.
Competition
So far, Amazon seems to be the largest ecommerce store since it has the greatest number of customers purchasing stuff online. Now, a New Jersey based company which is deliberately the prior owner of Diapers.com has recently come up on the screen. This company has also launched an ecommerce website with the sole purpose to mitigate and eventually cut down the customers of Amazon.com by offering more promotions and services to local retailers hence their initial target.
With this sizzling competition, the worth of investment in ecommerce is vigilant.
Marketing analysis
Marketing analysis revealed that in the following years almost5 years ahead, Ecommerce will augment. Currently ecommerce in U.S.A is the total10% of all the sales. However, this percentage will increase to 43% which will estimate around $480 billion.
“Thus, in the future, instead of buying bananas in a grocery store, you could go pick them off a tree in a virtual jungle.” (Yasuhiro Fukushima)
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