E-commerce business is thriving. Globallyπ, its retail revenues amounted to 1.08 trillion U.S Dollarsπ΅ in 2013 and are forecasted to grow to 2.48 trillion US Dollarsπ΅ by 2018. These figures indicate a large market which subsequently attracts many online retailers.
To succeed in this space, you have overcome competition from individual online merchants as well as established big-budget retailers like Amazon. Besides, you need to have the capacity to satisfy the over-the-top demand consistently.
Here are some highlightπ tips to enable you to differentiate your online business from competitors: