Online grocery stores were a big hit during the lockdown and entrepreneurs made
millions delivering produce, pantry, meat, and dairy products. Previously, most of
us relied on neighborhood stores and supermarkets to get our grocery shopping
done but the fear of crowds and convenience of online shopping is making us
change age-old habits. And this is a business opportunity for opportunistic e-
commerce entrepreneurs.
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Most businesses suffered losses during the pandemic but it was brick and mortar
stores that were affected the most. Lockdowns left 263,000 retail stores
temporarily closed globally, as per the report from GlobalData Retail. This is majorly the reason why millions of brick and mortar stores have started
thinking about going online. However, the task isn't as easy as it seems.
Read MoreChoosing the right technology stack for your product is very important and equally difficult in this age when you see people advocating the benefits of different technologies over others. This dilemma can be eased a lot if you have some basic insights and true information on the matter. In most of the cases, contradiction is between some mature technology stack and a young newcomer with a lot of promises and buzzwords everyone is talking about. Read More
While there are over 5 million PHP developers active globally, hiring offshore PHP developers in India is still a challenge for entrepreneurs & businesses in the USA and Europe. This can be majorly attributed to the problem of plenty and a complex selection process. But still, hiring offshore PHP developers is lucrative and that's why business owners go for it. Read More
An ecommerce store that doesn't pack the right features is extremely hard to scale and turn commercially successful. This is the reason why small as well as big ecommerce platforms continuously work on investing new features and enhancements. Read More
Vintage clothing -also known as pre-owned and second-hand clothing - is a
booming business right now. According to a report by Thredup, the global vintage
clothing market was over US$24 billion in 2018 and will hit $41 billion by 2022. In
the last 5 years, thousands of fashion entrepreneurs have started ventures that
help source, curate, and sell vintage clothing.
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The trend of online shopping is still at a nascent stage in the Middle East, and
that's why we think this is the perfect time to capture the market. According to
estimates, the e-commerce profits of the Gulf region will hit $48.8Bn by the end
of 2021. This means there is a lot of money to be made in Middle East countries
by ecommerce stores that has the right products and features.
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Multi-vendor ecommerce stores work very differently from regular online stores.
For those who don't know, multi-seller stores allow a lot of vendors to: Set up their virtual shop, Sell their products, Grow their customer base, Build their brand, Accept payments locally and globally
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By the end of 2020, there will be 2.05 billion global digital buyers across the globe.
This is reason enough to explain why businesses and entrepreneurs are so keen to
launch online stores. However, the wise ones are realizing that a simple online
store won't do and what they need is an online store that can support hundreds
of vendors and thousands of products. This is where multi-vendor marketplace
platform builders come in!
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Every ecommerce entrepreneur launches a webstore with dreams to make big
money. But 70% of the online store launchers are not designed to realize this
dream. While they work smoothly when your product catalog and traffic is small,
trouble starts brewing when the real growth kicks in.
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Web apps are changing the way we work, get entertained, and interact with others. Web applications like Zoom, Netflix, and Canva have become household names but they wouldn't have achieved much if the applications were feature-scarce, loaded with bugs, and challenged performance-wise.
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Coronavirus has shaken the world economy to its roots. The way people used to dine, interact, and exist has seen a radical change in the last few months. So, it's quite understandable that online shopping is also going through a metamorphosis.
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