“We’ve been very frustrated with the state of open-source eCommerce” we knew it could be done better.”- Roy Rubin
Everybody is pretty much aware of the role being played by Social Media. Social Media is the most gigantic platforms paying insights and covering all the news and happening buzz in the form of visuals, tags or any other form of content.
Growth of Ecommerce market
The major growth reliance of an Ecommerce market depends not only upon the population to be literate enough and should have sound knowledge about computers but also it depends over the infrastructure which is related to ecommerce. Hence, the ecommerce market is ascending the stairs of success and now ecommerce has opened the floodgates towards wide range of opportunities where investors can easily invest.
Sales leader
Currently, China seems to lead the ecommerce sales as it has been predicted that for the ecommerce purchases China has set the amount of $369 billion which is followed by U.S which is $343 billion.
Opportunities
The main opportunities which lead towards the growth of Ecommerce markets lies within the expansion of some of the boundaries which are definitely ecommerce deprived.
Ecommerce market deprived
On the contrary, certain most populated countries such as India have the second largest population according to some estimations yet the rate of sales via ecommerce platform is as low as 1%. Hence, there is a lot more room for ecommerce arrival and expansion.
Improvements
Brazil, one of the major populated countries is also striving in coordination with China to boost up the status of existing ecommerce within South America. Currently, Brazil has 133 million online active users augmenting the sales of ecommerce. The ratio of the active users has declined over the past years due to political and other critical business situations. But efforts are being made to counter this slow action. With the efforts made for augmenting ecommerce markets the simultaneous improvements will be made within the infrastructure of the company which includes particularly the improvement of delivery services within the locals, characteristic of ecommerce products and business.
“It isn’t just that E-commerce depends on express mail; there’s a sense in which E-commerce is express mail. Right now, billions of dollars are being spent around the country on so-called “last-mile delivery systems.”(Malcolm Gladwell)
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