May 13, 2023 1

If you’re looking for a way to boost your sales and take your business to new heights, e-commerce should be on your radar. These top e-commerce statistics for 2023 are sure to give you a better idea of the power of online sales.

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Statistics based on Forbes ADVISOR

E-commerce sales are expected to grow 10.4% in 2023

Since 20.8% of retail purchases are expected to take place online in 2023, it’s no surprise that e-commerce sales are supposed to increase as well. With more customers shopping online, your business can sell more and earn more as a result. 

As a business, you must grab all opportunities that can profit you. Your online presence as a business can actually help your business reach out and connect with its audience at a global level. Because all those places where your physical store can’t reach, your online website can. There are countless benefits to having an online business. In this blog, I’ve listed down all those reasons that justify why your business needs to be online. Let’s begin!

Low Operating Costs

Moving your business online does not require any kind of warehouse, inventory, transportation vehicles, or staff. The shift is so smooth that all you have to do is sell the same product that you sell at your offline store to a wide base of customers.

E-commerce

 24/7 Availability

Without the internet, it is next to impossible for your business to provide its services for 24 hours. With the help of an online website, you can let your customers visit and know about your services at any time from any corner of the world. This can not be possible with an offline business. Your clients and customers can read about your products and place orders as per their convenience.

 Better Customer Support

Let me tell you one fact, the internet was made for business and if you are an opportunist you must leverage the online world. The undeniable advantage of having an online business is that it enables you to answer the queries of your customers and resolve their problems without consuming much of your time. So with the internet, you can simply have better customer support for your potential customers.

Feasibility to Operate From Anywhere

Having an online business enables you to operate and handle it from any corner of the world. This great benefit of having an online business lets you have the freedom to operate your business from anywhere by not just being stuck to a physical location.