10 Major Challenges for E-commerce business in 2023
10 Major Challenges for E-commerce business in 2023 The process of selling goods and services via the internet is known as e-commerce. Consumers visit the website or online marketplace and use electronic payments to purchase products. The merchant sends the goods or offers the service after receiving the money. By offering more affordable and effective distribution channels for goods or services, e-commerce has helped firms (particularly those with a limited market reach like small businesses) get access to and build a wider market presence. Why e-commerce is vital to businesses ? Customers are seeking digital. your competitors may already be ahead of you. you’ll gather information to enhance your product. Cut expenses. Digital provides the chance to give your customers more value. People are finding it easier to do their online shopping as technology advances. Consumers can interact with businesses via smartphones and other mobile devices, as well as by installing apps to make purc