Try to quantify global sales and the statistical analysis becomes difficult if not impossible. The variables governing the results are so prone to change that daily, weekly or monthly data analysis can reveal ever changing quantities, based on the most prevalent factors and figures at any given point of time.
Ecommerce has become the lightning conductor in dictating expanding global trade. Online sales have increased exponentially over recent years and continue to outgrow all other retail and wholesale sales right across the economic spectrum. The shrewd entrepreneur has not only initiated an ecommerce website to up sell their products but has implemented a second generation ecommerce application to enhance the customer experience and improve online sales. The success of ecommerce marketing and sales is clear to all who browse the Internet and take time to look at Google or other search engine rankings.
Those companies who have embraced effective search engine optimisation campaigns over a period of time are reaping the rewards with high ranking places in the top pages. Consequently we find that these are the companies that outperform their competitors, in the sales arena and are continuing to grow their sales year on year. Having an awareness and appreciation of the growing trend towards ecommerce business, is the launch platform for future entrepreneurial success through ecommerce application.
Ecommerce has revolutionised the way in which people buy and sell products. What historically was a High Street transaction has become a purchase or sale over the Internet. With the establishment of such sales websites as E Bay and Amazon, the general public have been drawn into the intrigue of trading in a cyber environment that operates in real time and has replaced the cyber virtual world.
In plain terms, almost any transaction involving buying or selling goods or products is possible on the Internet and with the evolution of payment gateways, a complete service stretching from purchase to delivery is available to any customer. There are no restrictions on the types of business that can avail of ecommerce trading and while the larger ecommerce operators are the retail/wholesale conglomerates the independent trader has proven that ecommerce trading outperforms the traditional Sales methods of across the counter sales.
The concept opens up a world of global trade encompassing every industry, from the cottage to the multinational. Some operatives have actually abandoned the traditional High Street sales pitch for the online sales of ecommerce. This burgeoning industry not only provides the trader with video market access but provides many useful services for the business such as providing data for market research, attracting traffic for ecommerce store fronts and performing market research for online ordering and delivery systems. There are even integrated software packages to control stock levels and ordering systems.
Ecommerce business also introduces new media channels, such as VOIP telephone systems, video streaming, online marketing and brand awareness. These all contribute to making online business successful. Ecommerce offers the customer a one stop shop. You can browse, pick, order and pay for your purchase without leaving your armchair. It will even be delivered to your doorstep with a clearly defined returns and exchange policy to complete the transaction and reassure the potential customer. Ecommerce systems are ‘de rigueur’ the platform to increasing your sales.
Globalisation demands that companies wishing to outperform their competitors must embrace these latest technologies to sustain growth and survival in the commercial world.
Wider audiences create wider demand for your products and services and you ignore at your peril the role of ecommerce business solution providers, whose systems dictate the real success of your online ecommerce business application. Bespoke packages are the driving force behind user friendly, effective website applications. These can range from simple brochure sites to high-end database driven applications. The future of online trading in products and services is undoubtedly ecommerce.