Past, Present and Future Trends in Ecommerce

We are in the world where technology has taken over the life of people. Not only it makes their life convenient, but brought about immense revolutionary changes in many fields of work and in the day to day life. The business field is no exception to it as it has made merchants attain huge heights in their business with the help of ecommerce software. Let's take a deep look on the growth of ecommerce in the on-line world.

Ecommerce in Past(1990-2000)

The year 1991 marked a history in the on-line world where ecommerce and ecommerce software became a hot choice after the Internet was started to be used for commercial purpose. It was the time where business information and transactions were being carried out on-line by using technologies such as Electronic Data Interchange(EDI) and Electronic Fund Transfer(EFT).

The secured on-line transactions became possible by the year 1994 where protocols were being developed for security. In 2000 most of the western countries began to set up their business on-line and it gave a new meaning to ecommerce.

Ecommerce in present(2000-2013)

The growing number of Internet users has led to the expansion of the on-line ecommerce . From that time onwards, the ecommerce industry attained a stable growth where ecommerce software were being used to set-up the online stores. Amazon and Ebay are the perfect examples that have succeeded in ecommerce world. The annual turnover of both these firms are increasing year by year and now they are the gigantic leaders in the ecommerce industry. Here are some of the interesting facts about Amazon and Ebay.

EBAY

• Founded in 1995.
• Initially the annual revenue income of Ebay was $4.7 million but at present the annual turn is estimated to be over $14.7 billion.
• At that time of starting up, there were only 30 employees but now there are approximately 28,000 employees working in Ebay.
• The operations are being setup over 30 countries.

AMAZON

• Founded in 1994.
• Initially the revenue of amazon was $80,000 per month. At the end of 2012 the revenue increased to $61.09 billion.
• There were only a hundred employees in the past. Currently, there are approximately 80,000 employees in Amazon.

The above details would give a clear cut idea regarding the growth of these two firms in the Ecommerce world. No wonder most of the firms began to use ecommerce software for creating instant on-line websites.

Ecommerce in Future

We all know that the ecommerce sales reached $1 trillion for the first time in 2012. According to the market study, the sales would grow up to 18.3% this year. It is estimated that the sales will reach to $1.298 trillion by the end of the year.

The major contributors to the growth of ecommerce are Asia, Europe, America and Africa. North America alone contributes to nearly half of the ecommerce's market share. Clearly the study indicates that the ecommerce sales would definitely increase over the years and all this is due to ecommerce software and technology.

Make a deep study on ecommerce software

The uniecommerce software has been used extensively by the users for promoting their business in on-line world. For a successful business, merchants have to first understand the how it works part and then carry out the necessary actions for the promotion of their products and services. Business firms whether it is small or large always thinks to expand their business so as to improve it financially. The uniecommerce would be one of the best choice for the business people since it provides all the necessary kits and tools for the promotion of the products and services. The SEO friendly websites with eye feasting web design will be an added advantage for merchants to opt it.

The on-line business now has been flourishing the market with its quicker service. Users need not wait for a long time for shopping they can just view the catalogs and select it from home itself with the help of Internet. The uniecommerce product provides group buying deals facility so that they can buy the product at a discount rate. They can search for the deals in the nearest place using the search map and can buy the product at a reasonable rate. Merchants can take a look at the demo of how it works section of the uniecommerce website such that they get a detailed view regarding the working of the website.

The refer to friend option in the website allows users to buy the product and refer it to their friends community. Before buying the ecommerce software they have to take a look out of the demo of the product, such that they will get an idea of using the software effectively for their business. They can update their customers by sending newsletters to them periodically so they would be aware of the current product that moves in the ecommerce website. Thus, the software would be one of the best one for improving the business of people in on-line.

Design the Website by Knowing Users Demand

The ecommerce websites play a very important role in on-line for enhancing the business. Beginners have to choose the quality ecommerce software since there are several versions of the software with varied features. Each software should be unique from others. They have to opt the right one based on their business needs and requirements. The ecommerce software should fit within their budget and they have to analyze various criteria before starting the business. One of the major thing that has to be concentrated by them are they have to plan well regarding what type of products and services are targeted by them.

They have to opt the ecommerce software solution that comes with WYSIWYG capability. This facility allows users to make changes in their site and they can see the changes that are made by them directly. They can format the page content on their own without the help of any professional. After completing the design work, the next area that has to be concentrated by them would be optimizing the website. The website has to be optimized for relevant keywords so that it reaches to the top page of the search engine. Only the websites that are at the top position will be viewed by more customers. So, in-order to attract the users attention they have to optimize it.

Merchants have to be aware of the tactics that are used for covering the attention of customers. They have to offer discounts, offers, prizes and others for sustaining them and also to bring new customers. The loyalty programs are given for the users to ensure secured services for them. The ecommerce software should also provide security to store the information of the users. Since, customers will provide personal details they have to secure the information from hackers. Thus, the ecommerce websites are very useful for promoting the business in on-line.

Make a Strong Presence in On-line with Ecommerce

Nowadays, the ecommerce websites are really useful for maintaining good customer relationship in business. The ecommerce software provides business merchants the facility of setting-up a successful website in on-line that contains immense features for endorsing the business. The multi-merchandising platform allows users to make their business more conveniently thereby retaining the loyalty of the customers. The ecommerce website also offers loyalty programs for retaining the customers. The loyalty programs may be of any type. It may be gifts, coupons, discount and so on. These programs are being offered to attract the users attention and also to sustain the existing customers. It is also used to repeat the business sale.

The ecommerce software allows merchants to create multiple stores under a single platform. Each and every minute details regarding the customers can be maintained in the back end database. Administrator have the complete control of managing the website. They can edit, delete and update the website on their own. To make the work of the merchants simpler, most of the ecommerce websites are being designed using the content management system platform. Magento and joomla are the two major platforms that rule the ecommerce industry. Moving on to the ecommerce features, there are plenty of useful features available in the ecommerce for boosting up the business.

The ecommerce website combines powerful features such as group buying deals, on-line auction, social commerce, multi-merchandising etc under a single platform. The ecommerce features enhance the business of people and also helps to market their products in on-line. Amazon and ebay are the successful ecommerce websites in on-line. The eminent features of the ecommerce website is the social ecommerce that allows merchants to promote their products and services through the social networking sites. Therefore the ecommerce software really provides wonderful solution for the business people to enhance their business in on-line.

Emergence of Ecommerce Software

The on-line business has made a big revolution on the Internet marketing field. Since business are struggling a lot and finding difficult to sustain in this competitive world they began to expand their business in Internet. People are showing huge interest towards the Internet shopping area. The ecommerce websites helped business people a lot for setting up a successful website in on-line. The ecommerce software is used to setup the website with multiple features for satisfying the needs of end users. The websites are the sole responsible for representing the products and services in on-line and it should be simple and efficient for users to use the website.

The software may vary from one another and each one have their own style and set of features. Each firm tries to be unique from others and they add variety of features and services in the website for enhancing the business of people. Some of the mind blowing features associated with the ecommerce software are single merchant platform, on-line bidding, group buying deals, social ecommerce and many more. Each of these features have unique role and responsibility for increasing the sale of business people. Thus, the ecommerce software is very useful for boosting up the sale of on-line business.

The main aim and goal of the ecommerce websites are to serve the needs of end users. The on-line shopping has changed the life-style of users where they can buy the products from their home through a single click. So, merchants have to establish their store in such a way that attracts the end users attention and needs. The ecommerce software should be unique and the websites have to be designed in such a way that it attracts the attention of audience towards their products. The ecommerce websites are more useful for enriching the business of people in on-line world.