For whom might concern, 2018 is the blossom year for E-Commerce business. Never before in the history of Amazon have they gained a huge profit from Cyber Monday 2018. $7.9 billion is the amount of money taking up in the US’s total sales. Therefore, there’s no reason for any delay to strengthen your business plan in 2019.
With the purpose of supporting sellers to solve their issues, Shopify has been released with a reasonable price for SMB (small-to-medium business).
According to Financial Post, Shopify recently declared its acquisition of Tictail- an e-commerce company in Sweden. However, two partners decided to keep the financial terms as a secret.
Since demands for online shopping are increasing drastically these days, many sale-assisted tools are created in order to provide retailers with easy and affordable ways to meet consumers’ desires and expectations as quickly and effectively as possible. Among those, sales software products which are offered by Square and Shopify have brought big gains to retailers and both are trusted by a great number of entrepreneurs all around the world.
When running an online business, there must be times when you consider whether this or that design of your website is optimal, or say, which one has the fullest potential to convert leads to sales. How you can determine that? Here comes what is called “A/B testing”.
GDPR (General Data Protection Regulation) is a regulation in EU law on data protection and privacy for all individuals within the European Union (EU) and the European Economic Area (EEA). It also addresses the export of personal data outside the EU and EEA areas. The GDPR aims primarily to give control to citizens and residents over their personal data and to simplify the regulatory environment for international business by unifying the regulation within the EU (source: Wiki).
In the traditional E-commerce model, the biggest challenge perhaps is capital. You need funding to buy inventory, rent a physical warehouse space to store the inventory, a storefront to sell the merchandise, etc., Today, however, it’s a lot easier for retailers to start a business without worrying about the cost. The new E-commerce model, drop shipping has paved the way for a perfect fulfillment method of selling online. Instead of holding the inventory, retailers just need to route their orders to the supplier, and the supplier will deliver the products straight to the customer.
These days, drop shipping has become one of the most profitable online-selling business models. One great thing is anyone can easily enter the market even with little or no investment. All that you, the drop shipper need to do is promoting and marketing the product to make it sell, while packaging and shipping will be taken care of your store’s supplier.
There a variety of reasons which explain why Shopify becomes such a popular platform. One of the biggest reasons perhaps is its quick and easy setup. Just within few clicks and little typing, you can create an online store and start making sales.