E-Commerce sales continue to grow year on year, which is great, but despite this, only around 8% of all retail sales actually took place online during the first quarter of 2016. The reason or this is that people tend to browse products online, while making the purchase in store. It has been estimated that by the year 2019, the global e-commerce market will be worth around $3.578 trillion. In a market that’s continually growing year after year, it’s hard for smaller businesses to compete and keep up. This is especially true when they’re trying to compete in a market dominated by Amazon and eBay, the global powerhouses of e-commerce. In order for small and medium businesses to compete against the likes of Amazon, Direct Packaging Solutions have reached out to a number of names within the e-commerce industry and asked them one simple question; “What Tip Would You Give to Small E-Commerce Business Owners in Order to Remain Competitive?” (Against the likes of Amazon) and here’s exactly how they answered.
Infographic Source: https://www.dpack.co.uk/blog/expert-tips-remaining-competitive-vs-ecommerce-giants/