ECommerce is one such platform which is gaining popularity with time every single day. But are there only ups and no downs?
If we talk about 2 years ago, the eCommerce was the most blooming platform. But the same cannot be said now. This area is no longer the most attractive place to be. And I am not talking about people or customers who love shopping online. Because for them, the trend of online shopping is only going to bloom.
We, here, are talking about the people who wish to make an eCommerce website of their own. For them, this is no longer an attractive field like it was 2 years ago. In this article, we will list down some of the reasons we believe are responsible for the trend.
Dominance of Amazon
We all know how powerful has Amazon become in today’s time. Name a thing people want most of the time, and you will find that on Amazon. Add to that the trust and service of this company, built over many years of hard work. Do you think it is possible to compete with this big a giant?
Amazon has dominated every small eCommerce platform. And so, other marketplaces are facing a lot of difficulties due to this. Anyone who wishes to sell their products, directly reach out to Amazon. And that is solely due to the audience this giant enjoys. This has been one of the major reasons as to why people are losing interest in opening up a new eCommerce platform now.
Lack of something new
How often do we find new things in the market? Or rather, new category?
Because otherwise, new phones, laptops, etc. keep on releasing. But these are broadly categorized under Electronics. There is no new category of products that are coming up. Moreover, there are already numerous websites existing that deal with such categories, and are extremely famous such as Amazon, Alibaba, and so on.
So, when these websites are already dominating, and many more are already thriving, it makes no sense to open up a new website for similar products. The only thing that you can do here is invest in a website dealing with product reviews, such as big road eld reviews. Because that is still a trending area in relation to eCommerce which you can explore.