www.altezatel.com
Future of
Ecommerc e It is not difficult to say that E-Commerce is the future for everyone. Technology is updating and will evolve by the upcoming time, technology will transform our everyday lifestyle by more convenience and comfort.
In the future, most people are likely to rely and prefer online shopping through E-commerce platforms because they can meet and fulfil their demands with ease and get endless hefty discounts on a wide range of products.
Customers going out to the stores and buying products or clothes will become a myth. In Fact the owners and retailers will also shift towards online portals and use 3D images to display their merchandise and products. This is the next new normal especially after the COVID-19 apocalypse. But worry not; technology is likely to double up the store sustainability and profitability
What do statistics According to statistics, technology enabled the Earnings
say?
Before Interest and Taxes (EBIT) margins for retailers, which will give them easy operation of business and provide a better customer experience and greater employee engagement. Current EBIT margin: 2-4% Labor headwinds: -2-3% In-store labor automation and robotics: 2-4% Inventory management: 1-2% Back office automation: 2-4% Customer experience: 1-2% Future EBIT margin potential: 5-9%
2-4%
2-3%
2-4%
1-2%
2-4%
12%
5-9%
Reasons to shift your business on E-commerce
platform
Better Business andopportunities monetary Expansion
More customers Online presence Global reach
Better and convenient services Easy and hassle-free customer communication
Customer loyalty
Culminatio n So, now you know why you should shift your services and store the online platform, because it offers you numerous benefits with better and more opportunities.
The work continues Let's make this our best quarter yet. Email info@altezatel.com for further support.