E-commerce is on the rise, and one would not be shocked if there were too many rags to the wealthy success stories of the e-commerce industry in 2021. The response is the pandemic of COVID-19. E-Commerce is in huge demand After all the richest man in the world is Jeff Bezos, CEO of Amazon, the world’s leading e-commerce company with an economic presence worldwide.
The COVID pandemic has drastically altered e-commerce in 2020. E-commerce has seen a whopping 129 percent year-over-year increase in the U.S. and Canadian coasts. This marks a huge 146 percent rise in Internet shopping orders. Many brick and mortar stores have now gone online to escape the pandemic, but there is still a big window for many more shops to set up their online outlets.
U.S. e-commerce revenues are expected to be $709.78 billion in 2020. This is equal to 14.5% of overall U.S. retail revenue.
From a customer point of view, purchasing behaviour has changed to being compelled to shop online, some of them doing something for the very first time in their lives. As a result of this acceleration of actions, even more firms are moving up and developing their e-commerce business and aiming to prosper.
E-Commerce is in huge demand. Established e-commerce players are expanding by finding more outlets for online transactions. Global e-commerce revenues are projected to hit $4.2 trillion by the end of 2020, says Shopify e-commerce.
You can make money by starting up an e-commerce company or by selling a service as an e-commerce website developer. Take a look at the possibilities for both avenues.
Opportunity for New business:
If there is one thing that the COVID-19 pandemic has taught us, that is the value of e-commerce. Whether you’re a failing retailer or a new small company aiming to step up the game in 2021, opening up an online shop is just what the doctors have ordered.
There are a lot of ways to do e-commerce business. You can create a Shopify or WordPress page, create a store on Facebook and Instagram, use the power of Facebook posts to upload videos and photographs of your goods and services and promote the post to your target audience.
Establishing a website is by far the most successful way to set up and scale your online business. By incorporating various payment gateways to accept money online, you are a touch away from introducing your shop to the world and increasing your business.
A high increase in e-commerce revenues in 2020 offers massive prospects for emerging and established e-commerce firms in 2021. E-Commerce is in huge demand. By exploiting the power of social media marketing, online stores will attract hundreds of thousands of potential buyers, create leads and profits that could contribute to the growth of your company.
Opportunity for e-Commerce website developers:
As a freelancer, E-Commerce is in huge demand you’re potentially selling your talents at one of the best moments in history. Everyone wants to start up an eCommerce company, as a web developer, graphic designer, or social media marketing specialist, you will get a massive amount of outsourcing, freelance jobs from various markets such as Guru, Upwork, Fiverr, Peopleperhour, and freelancer.com.
Top Online E-Commerce learning platforms in Pakistan:
Pakistan is one of the best service providers in the field of E-Commerce. There are few online learning platforms in Pakistan where you can learn about E-Commerce in detail.
3- Digi Masters