Ride The New Information Wave

  • E-Commerce
  • 01.10.2018 12:20 pm

We have unprecedented access to a range of different things in the modern world. Crossing the ocean to a new continent now takes hours instead of months. We get to do more, work harder, and play harder. The only thing that the modern world has not given us is more time. Which might be one of the reasons that online shopping is booming. It’s a great time to take part in ecommerce. The traditional business molds are being broken on a consistent basis. Take subscription boxes, for example. It’s a business model that shouldn’t really work. The client signs up for the service but has no say about exactly what products are in the box. Naturally, the boxes offered are based on themes. So, there are beauty boxes, coffee boxes, art boxes, etc. But the client has no way to choose what the contents of her box will be. Despite this, the business model is successful. In fact, if we are to believe the infographic below, this business was worth $2.6 billion in 2016 alone. To be fair, the infographic contains a lot more information than just how much the subscription box industry is worth. It is also packed with valuable information about the trends that all ecommerce providers should be aware of. It’s info that you should be keenly interested in if you sell things online. Knowing what the most important trends are can give you a distinctive edge over your competitors. And, before you groan about having to learn yet something else about the online industry, relax. You will be able to incorporate a lot of the trends very easily. Now, certainly, you are not likely to be able to come up with your own army of drones, but there are a lot of other practical hacks you can try instead.

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