9th Floor, Spaze iTech Park, A1-Tower, Sector-49 Sohna Road, Gurgaon, Haryana 122018, CIN - U72200HR2015PTC054459 122001 Gurgaon IN
9th Floor, Spaze iTech Park, A1-Tower, Sector-49 Sohna Road, Gurgaon, Haryana 122018, CIN - U72200HR2015PTC054459 Gurgaon, IN
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Ecommerce Insights - 12

Why enterprise brands should consider ecommerce for their business

Ecommerce has changed the way businesses operated and buyers brought goods and services. With increased mobile and internet penetration and the pandemic push, eCommerce has accelerated by at least five years. From products to services, everything has moved online. Buyers are opting for convenience over going to offline shops. Ecommerce has made it possible for brands to reach a wider customer base and markets beyond geographical  borders. New and hybrid business models have made ecommerce even more successful and given birth to hundreds of successful digital-native brands. With a host of e commerce solution providers, setting up an eCommerce website is a matter of days further advancing the growth of online businesses. Evern traditionally offline industries like construction, healthcare, education etc. have realised the benefits of going online. With a favourable forecast for coming years, e-commerce is the way to go for brands of every scale and size.

Ecommerce Insights

  • 12 million – 24 million Ecommerce sites across the globe, with many more being created each day

  • 93.5% of global internet users have brought products online

  • 27% of the global population shop online

  • $20.9 trillion is the projected global B2B ecommerce market value by 2027

  • $7.4 trillion is the forecasted value of B2C e commerce sales by 2025

  • 72.9% of global retail ecommerce sales come through m-commerce

Source: Statista

7 Top Ecommerce Shopping Trends

  • 80% of online buyers shop in e commerce stores at least once a month

  • 80% of eCommerce buyers are more likely to buy from a brand that offers personalized experiences

  • 63% of mobile phone users prefer buying from a brand owning a mobile app or mobile website

  • 45% of global e-commerce payments are done through digital and mobile wallets 

  • 0-2 seconds page load time for ecommerce websites results in the highest conversion rates

  • 54% of eCommerce buyers are more likely to complete a purchase when offered free shipping

  • 70% of ecommerce buyers read between 1-6 product reviews before shopping

Source: Statista

Yes, StoreHippo offers 360-degree customizable, scalable, future-ready ecommerce solutions for businesses of every type. B2B, B2C, B2B2C or any hybrid custom business models can use StoreHippo to leverage ecommerce to reach new markets.
With the API based headless commerce architecture from StoreHippo, you can build extremely personalized ecommerce customer journeys. You can also implement agile solutions with the best-in-class software and create personalized customer touchpoints.
You can create fast and intuitive Android or iOS apps directly from your dashboard with StoreHippo. You can start getting more footfalls and higher conversions by using your mobile apps along with a regular ecommerce website.
Yes, with StoreHippo, you can make your ecommerce store available in 100+ languages including RTL languages like Arabic and Herbew and target local as well as global customers by connecting better with them in their native language.
Yes, StoreHippo enables you to create a chain of sub-stores easily. You can manage all your sub-stores using a single central admin with StoreHippo’s advanced multi store ecommerce solutions.
Yes, you can integrate multiple payment gateways on your ecommerce website with StoreHippo. It has 60+ pre integrated domestic and international payment gateways to help businesses make checkouts simple and seamless on their ecommerce store.
Yes, with StoreHippo ecommerce marketplace builder you can build scalable multi vendor marketplace websites in no time. Building a marketplace from scratch is usually expensive and time-consuming, but the StoreHippo turnkey marketplace builder is easy to customize and helps in building tailor made marketplace websites quickly and easily.