How To Start an eCommerce Business From Scratch in 2022?
If you know the number of e-commerce websites available in the market in 2022, you will probably pass on the idea of initiating your e-commerce due to the competition available in the market. There are nearly 12-20 million e-commerce websites across the world in multiple industries. But don’t worry, not all the existing websites are doing well and making huge money. Only 1 million websites generate an income of $1000 and more in a year. So, there are pretty high chances of starting with your eCommerce websites as there is a high scope of beating the competitors with USP and marketing strategies. Market Overview of the E-commerce industry There are some growth statistics of e-commerce to encourage offline stores to open their business online. In the next coming years, the e-commerce industry will have $4.5 trillion annual sales. 67% of millennials prefer online shopping compared to offline. To buy daily needs goods, 56% of Gen-Xers choose to shop online In online shopping, women