The world around us is changing very fast. Owe it to technology or overall economic development, the way people go about their lives is changing. The trend of what people spend, on what do they spend it, how do they spend it is all changing. This is changing the world of retail merchandising. While there have been studies by many economist all over the world, many of these changes are obvious, sensible and required to meet the needs of today’s urban, fast paced life.
Product returns are one of the biggest contributing factors to loss. If too much product ends up back on your shelves, it can mean that your customers aren’t happy with their interactions with your company or your products. And too many returns create overwhelmed warehouse operations, in addition to losing potential profits.
E-commerce fulfillment startups are each unique. Their client bases are different, their locations are different, their products are different, and their business plans are different. However, almost all e-commerce startups encounter the same issue of outsourcing. There comes a point in the process when entrepreneurs have to ask themselves, “should we do this ourselves, or will it be more cost-effective to outsource it?
The market as we know it is undoubtedly set to change in 2017, and if you stay on top of the trends, you’ll stay ahead of the curve and be able to benefit from them before the competition. The following are some of the most important E-Commerce trends to keep an eye on in the coming months.
