eCommerce is a fast-paced industry with ever-changing trends and strategies. If you’re new to the world of ecommerce, you’re likely hustling to learn about product sourcing, inventory management, marketing automation, running ads, and customer service optimization. Thankfully, the internet is full of wisdom from seasoned experts with proven success.
It’s important to know some of the essential tools to make your e-commerce business successful. It’s clear that online shopping is one of the most popular online activities worldwide. According to Statista, in 2017, retail e-commerce sales worldwide amounted to 2.3 trillion US dollars, and e-retail revenues are projected to grow to 4.88 trillion US dollars in 2021. The top 3 online stores’ revenue amounted to almost 100 billion US dollars in 2017.