E-commerce companies need to build higher trust levels with customers, especially in Tier 2 and Tier 3 cities and towns. Many of these customers are wary of shopping online because they just don’t have enough trust that products are genuine or if they will be delivered, etc. So for e-commerce companies to get these customers, they will have to find ways to be trusted.
Online retail industry grows
What You Get Using Online Retail Help?
Online Retail Overview
Online retail is complex, fast moving, multi-faceted with a lot of moving parts.Online retail is in a period of sustained, systemic growth as an increasing percentage of retail spend migrates online. This represents a threat to retailers that don’t have a sophisticated online retail offering and a great opportunity to those that do.
Amazon presents Australian retailers with a fantastic, often untapped opportunity to quickly get their products in front of hundreds of millions of buyers in the UK, Europe, North America & Japan. However, the ferocious competition on the platform means that only the strongest retailers will succeed.
International Omnichannel Retail
International expansion provides retailers with an immense opportunity for growth. If a degree of success has been achieved in a retailer’s home country, these supplier relationships, product knowledge, product imagery etc can be leveraged to quickly expand to international markets.