Impact of COVID-19 on Global eCommerce

EnvisioneCommerce held an insightful session on the outgrowing “Impact of COVID-19 on Global eCommerce”. Wherein, our speaker and eCommerce expert, “Vikrant Shukla” -Business Solutions Architect Magneto (APAC) at Adobe discusses the challenges as well as solutions and opportunities through aiming to visualize the overall impact of this outraging scenario on customer’s sentiments, eCommerce trends, and most certainly about the different eCommerce categories we have or dealing with today. As the coronavirus flare-up keeps on advancing, it has without a doubt affected eCommerce, specifically. Since the coronavirus pandemic started, online deals have expanded by 50% – 60% in a year and the number of online customers by 8.8%. Even the online business such as Amazon intends to enlist 100,000 extra representatives in the U.S., where workers are asking for compensation to react to surging web orders. As interest in internet business develops, presently is a crucial time to offer an online business channel to guarantee income and keep on overhauling customers. Yet, imagine a scenario where you just have physical stores, and not yet a web store. Is it past the point where it is possible to dispatch one at this point? There are two turned possibilities one is short-term and the other one is long-term changes in customer’s behavior. After this noteworthy move to web-based business, all things considered, clients won’t discard the propensity. This implies propelling an online business store is significant not exclusively to meet the changing conduct of existing and imminent B2B clients now, yet additionally after the coronavirus episode and lockdowns are finished. Ready to get started? Discover a correct web-based business supplier for your business and utilize the Ultimate Guide to eCommerce to direct you through the procedure. To deal with disruption in the supply chain and ensure minimal impact on your customers and service teams, make sure your web store enables you to do the following:

• Display real-time stock levels and pricing
• Let customers track their deliveries
• Ensure out-of-stock items are marked as such, and let customers know when to expect them back in stock.

Looking for more advice for your B2B businesses? Schedule a free consultancy call for one-on-one advice from one of our eCommerce experts.