Online Ecommerce Marketplace:
With the developments of the internet and technology more and more businesses are moving online. Due to this Online shopping is gaining popularity day by day because it offers convenience to the costumers and it saves users time and money.
With the help of online shopping portals, users don’t have to visit the physical store to do shopping, and Dealer Don’t have to sit in a physical store to do Business. And just Because of so many advantages online e-commerce marketplace provides it is attracting consumers and business owners eyes for business and shopping purposes. With the rise of smartphone users, online e-commerce businesses are gaining popularity and with the increasing demand, it is opening various business opportunities for local business owners to grow their business and sales with the help of an online e-commerce store.
Why you should start an online e-commerce business-
Ecommerce is expected to boom in Asia in upcoming years.
- The Indian e-commerce industry is expected to surpass the US to become the second-largest e-commerce market in the world by 2034.
- The e-commerce market in India expected to reach Rs 13,97,800 crore (US$ 200 billion) by 2027 from Rs 2,69,076.5 crore (US$ 38.5 billion) in 2017.
- India’s e-commerce market has the potential to grow more than four folds to Rs 10,48,350 crore (US$ 150 billion) by 2022 supported by rising incomes and surge in internet users.
- Online shoppers in India are expected to reach 220 million by 2025. The average online retail spending in India was US$ 224 per user in 2017.
Benefits of online e-commerce Business over Traditional Retail Business –
No Geographical Limitation:
Physical Store Sales Are limited by the geographical area. But with the help of online e-commerce store the whole country or the whole world is your customer.
Gain New Customer with Search Engine:
New Customer in Physical store depends on Marketing and customer Relationship but online e-commerce business has no limitation. Because online e-commerce store is driven by search engine traffic.
Eliminate Travel Time and Cost:
E-commerce store allows users to visit stores virtually with just a few clicks. But in a physical retail store, users or customers have to visit the market for shopping.
Open All the Time:
E-commerce shopping business website stores open all the time. Which help merchant to increase the number of orders. And for the customer always open store is more convenient.
Features Every Online e-commerce store must Have-
Admin Panel –
- Master CMS: It is used to add and update various pages on the website.
- Wallet Management: Admin can manage all wallet entries.
- Offer Management: Admin Can Start Any Kind of Offers for users like (Flat Discount, Cashback, and coupons).
- Order Management: Admin can see all order information and admin can change the status of each order made by the user.
- Feedback Management: Users can share their feedback about the service through the feedback form and Admin can review those feedbacks to improve their services.
- Reviews and rating Management: Admin Can Manage Reviews and ratings according to products.
- Customer Management: Admin Can Manage all the details like (Name, e-mail address, etc.) of customers.
- Category Management: Admin Can create categories and their subcategories to Manage products.
- Product Management: Admin Can Add or Remove products easily.
- Auto Backup: Auto Backup option to keep the data safe.
- Basic reports filter and search: Many kinds of reports available to optimize business performance.
- Currency Management: Admin Can Manage Multiple currency.
User Panel –
- Earn by referring: User Can get many benefits in the reference policy set by admin.
- Wishlist: User Can add products in Wishlist to get notified about the best deals.
- Cart: Users Can add products in cart to make the purchase.
- Review and Ratings: Users Can submit their reviews and ratings on products.
- Similar Product View: This feature help user to get similar products recommendations for a particular type of products.
- Product sharing: User Can Share products with their connections.
- Support: If a user is facing any problem, then he/she can ask for support from admin.
- Product Compare: User can compare different products and can select best option available.
- Feedback: Users Can Submit their feedbacks about the products and services through the feedback form.
Cost of Developing an Online E-commerce Store-
The Cost of Online E-Commerce store depends on the features and type of Functionality. Market Cost of Simple online E-commerce store is $2,000 But We Are Offering In just $500 including all the Features Discussed Above. So, Hurry Up. Book Your Online E-commerce Store Today.
