We all know life would never be the same after COVID-19 as it has shaken us to the core turning our life upside down. Everything from the way we think, act, go out, interact, in short, our entire way of life has been changed and the most drastic change that we are witnessing and will continue to see in the future is the twist in the consumer’s behaviour. Will it bring good or bad for business, is what we have to observe.
The mounting cases of COVID-19 are creating an impact on every dimension of our life – Physical, Mental, Social, and Economic and the worst affected among all is the economy. With countries going under complete lockdown for months, the livelihood of many came to standstill causing a large void which may take years to recover. Those with traditional bricks-and-mortar retail have slipped into darkness coming out of which will cost their entire life savings.
Due to the COVID crisis, people began to shop online due to the closure of all but essential retail outlets (supermarkets/grocers, pharmacies/drug stores, post office and banks) thereby crippling the offline retailers by all means. The fear of coronavirus bought a sudden change in the shopping habit of customers which is now posing the question of whether the current surge of eCommerce will remain the same post-COVID or not? Let’s understand.
As per the COVID-19 e-commerce data, the numbers are plateauing – but at 63.6% higher than before. Although the world has not yet become free from the deadly pandemic, many countries have begun to remove stay-at-home orders and re-open their societies, as we can’t stay locked up the whole time. Thus, it would be interesting to see if the convenience and safety offered by moving online will remain as popular as it is today.
If we look at the present scenario, the virus doesn’t seem to leave us soon until a vaccine comes into light and also some experts are predicting a second wave of the virus accompanied by shut-downs, so there is a high possibility of eCommerce to continue booming in the coming years, with or without COVID.
Moreover, many local retailers are accepting the fact that a crisis like this can arise anytime in the future and during such tough times, an online presence can help them keep going to some extent than putting shutters to their business for a very long time, henceforth, a lot of small local retailers, as well as national providers, are finding innovative and digital ways to cope by switching to eCommerce development or b2b ecommerce software solutions.
In short, a continued strong growth of eCommerce over the coming years, which will be mainly driven by the further adoption of mobile shopping can be expected.
Recommended Blog: 5 Benefits of Getting an Online Business Presence during COVID-19
Taking a jump online is not as easy as it sounds, there’s a need for implementing tactical solutions to help you get through the immediate crisis, but they have to be in the context of a broader digital strategy. So, let’s check out which digital approach can work and how those digital experiences need to be carefully and seamlessly managed across all customer touchpoints so as to get the most out of it.
There are various eCommerce business models among which you need to decide what would you prefer, for example, B2C, B2B, or B2B2C, and according to that, you can pick the software solution that works best for you by all terms.
Behind the success of an eCommerce platform lies the hand of an experienced ecommerce website and mobile app development company, hence while you have time due to the lockdown, you can search for a seasoned eCommerce development partner to build a productive platform for your business.
If you already are into eCommerce you can enhance the credibility of your store even more by implementing some latest features like; chatbots, voice assistants, real-time contextual personalization and merchandising, a combination of both – headless commerce and CMS etc.
We have no idea how shopping will be in the future, will things get back to normal or will we have to live with the new-normal, anyhow, investing in an eCommerce platform was, is and never will be a waste as eCommerce game is definitely going to go strong in the future.
In a nutshell, to match the current buying behaviour and to meet the future growth, you will need a well-designed e-commerce solution developing which none other than Mobicommerce is the best.
If you have a grocery store and you are looking to take your business to the next level, then this is the right time to invest in grocery mobile apps. A report by Oberlo suggests that online grocery sales in the US are expected to reach $160.91 by 2023. Not only this, the revenue continues… Continue reading How to Build a No-Code Online Grocery App in 2023?
Most businesses create an app to establish their business in the digital world. But after some time, these businesses end up investing much more money by creating different versions and similar apps for different operating systems to stay relevant in the market. Later on, this choice of businesses becomes painful as they spend more money… Continue reading How to Build Modern and Offline Progressive Web Apps
As per the reports of GrandViewSearch, the global market size of B2C eCommerce software will increase to USD 7.6 trillion by 2028. The statistics suggest that B2C eCommerce platforms will grow with a CAGR of 9.7%. All of us know that online marketplaces whether you take B2B or B2C are growing at an incredible growth… Continue reading 4 Ways to Build B2C Marketplace Software Solutions from Scratch
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