The virus and effected the business and reduced customer buying all over the world. This situation has made the business grow uncertain but online e-commerce is growing very fast. And long term growth of e-commerce is very bright in India.
Customer’s buying habits have changed. By connecting offline businesses with e-commerce, the future of businesses will be great.
Indian online eCommerce orders are increasing
Retail store sales have fallen to 6.2 percent. Even some clothing store sales have fallen to 50 percent. Retailers who are connected with e-commerce have seen their sales grow. Target company saw online sales grow by 275% in April 2020. Some people think that e-commerce growth is temporary, but in reality, the growth of e-commerce is going to stay for a long time. Online customers trust e-commerce players like Amazon, Flipkart, Snapdeal, and really enjoy the comfort of home delivery of a variety of products.
More than 52% of the customers who are buying grocery online, would like to buy online only, even if things become completely normal, customers have found the transparency and benefits of buying online, like without the need for standing in line and waiting to buy products. The retailers who are not connected to e-commerce will lose a lot of their business and customers, as most of the customers have shifted their mindset from physically buying products to buying through online e-commerce platforms.
Online e-commerce channels are growing: – Companies who are doing marketing on digital online platforms will grow more at this time when even competition has reduced.
A global slowdown of businesses increases entrepreneurship:- entrepreneurs are finding new ways to streamline their business. The necessity to find new ways to do business is growing; this thought did not exist before. We are going to see more digitally focused businesses in the future. Like e-commerce and virtual office remote working. We should make ourselves ready for a digital future:
The impact of the virus will accelerate the change from physical brick and mortar retail to e-commerce retail, by investing in online e-commerce. This is the right time to a joint online platform, those who have not done so. Businesses that are connected with e-commerce platforms are at a safer side. Ecommerce delivery speed is also given more importance by customers when purchasing products.
Businesses should grow stronger:- This time is having many difficulties for retailers, but we should also understand the business importance of e-commerce. The retailers should keep all the options open; they should have offline as well as online e-commerce sales platforms open.
Few advantages of online eCommerce business in India
- Businesses can work 24/7.
- Better customer service and business flexibility.
- Reduce the cost of business.
- Delivery of product all over India, in the fastest way possible.
- Professionally handling of business and customers.
- Environment-friendly online business.
- Control your business from any location at any time.
Now a day’s customers or clients want to first visit the website and get information about the business and then they can take the decision to visit the office physically, this saves time.
Before planning the online business one should consider these points:-
- Do your own research on competitors and their strategies and learn from them.
- Think of your budget and even think of how to handle loss in business and how to overcome losses.
- Understand the laws of doing business like GST law etc.
- Think about the type of computers and software required.
- Think about the training, which will be required for your staff.
Minimal cost of online business with the use of Virtual office:- For online e-commerce business there is no need to buy physical brick and mortar office, one can start a business by taking virtual office at the premium business location and work from home at a minimum cost of Rs. 1000/per month from InstaSpaces or contact 888270202.
Flexibility:- Online e-commerce business can be done from any location and at any time, one just needs a laptop and internet connection.
Unlimited global business Markets:- With online business, one has unlimited access to business markets all over the world. One just needs to understand the need for a specific business location and sell products and services all over the world.
Online Marketing reduced cost:- Marketing on the internet can be done with no cost or with just the cost of the internet connection. By creating a blog or by writing articles and creating social media accounts and doing social media markets for free.
Online payment transactions can be done easily:- One can set up a secure page on their website for customers to pay for products with debit or credit cards or by online payments. In the end, I would like to say online e-commerce business is great to join.
Online e-commerce sellers should be aware of Virtual office services provided by www.instaspaces.in this digital age, the virtual office address is being used by online e-commerce sellers to get their GST registration and business registration done on PAN India. The virtual office address is highly beneficial for e-commerce sellers because it helps sellers to take GST registration at multiple locations at a very low cost of Rs.1000/per month.
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