Ecommerce is a fast changing world where almost anything can happen. Trends come and go faster than most people can keep up with them, which is why the team at subscriptionly.net put together this handy infographic, allowing us to keep tabs on the whole thing a bit better. Clicking a few keys online is all that people need to indulge their need for retail therapy. People can shop to their heart’s desire. It’s both good and bad for online vendors because it means a lot more competition.
Vendors have to get more competitive to be able to stake their claim. And, in this area, it is not just a simple process of cutting prices. You have to offer the best value proposition, and that means looking at more than just being the cheapest seller.
It leaves the market wide open for novel innovations. Take the idea of subscription boxes, for instance. This is an industry that is essentially based on the idea of testers. It is quite an interesting concept – people don’t know what they’re getting upfront and they love it.
Would that have flown in the market 40 years ago? Probably not, but it is the perfect example of the kind of innovative thinking that is required by today’s seller. Certainly, it makes things more difficult. But it also opens a realm of new possibilities.
How can you take advantage for your own business? It will take a little creative thought and a thorough knowledge of the upcoming trends in ecommerce. We have you covered on this score. Check out the informative infographic below to get a sneak peek at the direction the industry is headed in.
With the right information, presented in a timely manner, this is an information goldmine.
Source : Subscriptionly