WHAT MAKES "RETAIL GLOBAL" STAND OUT
INTRODUCTION TO E-COMMERCE:
Statistics show how difficult it is to name a category of businesses that has struggled to produce big, billion-dollar exits more than E-commerce. The problem isn't far from the effects of each new twist on various e-commerce models which eventually goes out of style. About $1.2 million are collectively spent on e-commerce sites around the world every half minute. These statistics goes on to show just how big e-commerce has become over the years and it is expected that these figures will continue to rise significantly in the next couple of years.
No doubt e-commerce is indeed a big business which is why millions of merchants jump into the bandwagon with hopes of engaging in various profitable ventures within the terrain of this mouthwatering sector especially through listings and product showcasing.
However sustainable success in e-commerce goes beyond merely posting countless numbers of products from virtually any category onto e-commerce sites with the purpose of getting it listed on search engines results and because this is a business that relies on the right distribution channels and models to succeed, it's setbacks keeps posing disturbing challenges to local and international retail outlets as well as to manufacturers.
We will examine briefly some of the major challenges faced in the current climate.
PROBLEMS ASSOCIATED WITH E-COMMERCE MARKET
Choosing the right partners and technology ranks among the top difficulties. Most online retailers encounter growth challenges because their technology is limited or because they hired the wrong agencies to help manage their projects.
Generating targeted traffic: As digital marketing channels keep evolving, retailers can no longer rely on one type of channel to drive expected traffic to thier online stores. Progress requires that various aspects of marketing channels such as email, social display ads, PPC, SEO, mobile, shopping engines, affiliates and re-targeting must be fully leveraged to help drive qualified traffic to online stores.
Lack of competent skills and required experience constitutes a major problem in the sector as most manufacturers, offline retailers and wholesalers do not have the resources and competence to run online businesses, digital marketing, logistics and omni-channel customer interactors.
Retail Innovations have been known to be very slow. One reason being that managers don't trust new I.T Products well enough coupled with the difficulties of implementing such new innovations.
A REMARKABLE AND RELIABLE SOLUTION
For all that it's worth, leading innovators and technological gurus have relentlessly stepped up thier quest to find a lasting solution to e-commerce market problems but none has proven to be as practical and reliable as the newly established "RETAIL GLOBAL" project.
It's mission is to bring innovation to retail and create an awesome customer shopping experience using new technologies powered by blockchain with a global approach thereby easing the process of daily global sales of products and services for B2B customers.
All barriers like language, local delivery, taxes, returns, marketing, market places, support and help of e-commerce experts will be united in one product.
The idea basically is to tap into the potentials in the following great opportunities in retail that can change global shopping and business in the next 5-10 years.
ONLINE/OFFLINE SALES MANAGEMENT:
• Generating revenue growth from online and offline sales channels through development of omni-channel tools that make offline and online shopping equally convenient and personalised.
• Complete tool set of everything required for integration of customer database, real time availability of goods, delivery from stores and customer communication.
• Providing a dynamic platform suitable for offline buyers.
CROSS BORDER OPPORTUNITIES:
• Retail Global provides opportunity to enter many new markets are once using existing shops, online stores and the most popular market places in other countries.
• Multilingual functionality provides fast transaction into local languages and local customer support in all popular communication services.
TOKENISATION OF LOYALTY:
• Retail Global provides a Tokenised loyalty system for the participants on the platform and a newly improved stage of relationship with loyal customers through discount offering, branded gifts, cash back policies and accrual benefits.
EFFICIENT USE OF ALL RETAIL STOCK FROM SHOPS TO DISTRIBUTED WAREHOUSES:
• Retail Global efficiently merges accounting database and logistics between warehouses and buyers thereby facilitating smooth and easy delivery for both partners. By so doing, delivery management in any location or country is safe and convenient.
• Customers will be able to make purchases in other countries regulating the relationship between the supplier, the agent and the delivery service with the help of a smart contract created on the platform.
So which ever way you choose to look at it whether in aspects of analytics & future modelling, united solutions in one platform, expanded ecosystem to accommodate global market, united services providers & management or even blockchain & smart contracts advantages, the "Retail Global" project from all obvious indication is the real deal and it is easy to understand why it's e-commerce solutions stands out from the rest.
So the next time you think of a perfect platform to launch your e-commerce ventures, think RETAIL GLOBAL.
For more information visit: https://retail.global
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