Why should you start an online store
It is estimated that there will be more than 2 billion global digital buyers this year, based on statistics. This means about 25% of the whole world population. That is huge considering the fact that in the online world, a single store can reach to every corner of the world. More important, these numbers only tend to grow each year. Nearly $4 trillion is the total retail ecommerce value in 2020.
Around 15 percent of all the sales in the world are online sales. Again this number rises every year as more and more businesses choose to expand online along with their brick and mortar existing businesses.
Of course these are all good and encouraging stats, but there are also not-so-good stats that apply to online stores. Only under 3 percent of all the visitors an online store has, are actually converted to customers. Almost 69 percent of all shopping carts are abandoned and the list could go on. These are mainly due to poor online store management and/or poor design or functionality issues.
That is why your business will most certainly need professional assistance in setting everything up, or making everything work better.