A sheghar Digimentors proudly announce that their new venture SHOPESO , the online shopping mall has rolled out its first 100 stores promising keen digital entrepreneurs all around the world, an e-commerce done-for-you model, one that is never witnessed before. It announces one Online Shopping mall that hosts 7000 Niche Stores holding a million products and is ready to deliver to 150 countries with more than 1000 Suppliers across the world.
An article published on digitalcommerce360.com revealed a massive e-commerce surge brought on by the pandemic and predicts it to be here to stay. According to data from the Commerce Department, the public spent $870.78 billion online with U.S. merchants in the previous year, up from $762.68 billion in 2020. Although in-store sales saw businesses relapse to pre-COVID-19 trends, most shoppers still shopped with fervor online. Global e-commerce sales are expected to reach $5 trillion in 2022 and $6 trillion by 2024.
However, prospective digital entrepreneurs stumble upon the most challenges in terms of eCommerce expenses. Beginning with identifying the right software to run their business – Software that will automate processes like inventory management or product labeling, which is a mandate to reduce salaried overheads. Another major block is the product sourcing and storage facilities. Huge expenses are experienced when it comes to finding the right products and vast storage space to stock the products. These expenses can double or even triple if the products are not in demand and do not leave shelves quickly. Furthermore, expenses are major when it comes to shipping, let alone the shipping supplies. And even if everything feels right and goes smooth, unseen expenses lurk when a shipment goes missing or is destroyed by couriers.
Asheghar Digimentors, founded by His Excellency Sheikh Jassim Bin Mohamed Al Thani, to begin the impact on Qatar’s transition to […]
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