Running an e-commerce business opens the door to exponential sales. In Britain alone online shoppers spent £68bn in 2011, a whopping 16% more than the previous year and further rapid growth is expected in 2012 due to increased functionality and the use of tablet devices and smartphones.
E-commerce is the most cost effective, efficient and easiest way to trade with a global audience and removes all the barriers of time and distance. Limiting yourself to just having a physical place of business can leave you reliant upon a limited marketplace and generally on local trade. With E-commerce you are open all hours at no extra expense.
E-commerce brings many financial advantages and can minimise and reduce your exposure to substantial overhead and employment costs.
Time is a precious resource for both you and your customer and E-trading gives you the ability to trade every minute of every day, 365 days a year. Meet and exceed your customer expectations by giving them the ability to purchase at any time of the day wherever they are in the world, in the comfort of their own surroundings. Expect your sales turnover to rocket.
Capital investment required to trade electronically, compared to trading via traditional methods is considerably less. The direct cost of an order taken via the internet will be less than those taken via traditional methods, by being able to reduce your cost base.
Standardisation reduces the opportunity for error and the efficiency achieved by automation translates in substantial cost saving. Cost savings can be achieved across the whole business process spectrum; Order Processing, Delivery Tracking, Stock Control, Accounting Systems and Financial Procedures.
Data capture from internet trading is accurate and a fantastic tool to enhance your marketing campaigns. Internet trading produces pre-qualified information enabling you to keep in contact with your existing customers, making it easy to keep your customers fully informed of the latest offers, new products and changes within your organisation. Data capture also enables you to directly target your marketing campaigns to qualified leads and to convert them into new customers.
Remember, trading on the internet instantly opens your salesroom to the whole wide world and has become a major customer expectation.