November 2 2018
As we all know that eCommerce industry is growing by leaps and bounds with large players dominating the market. According to a recent survey, 40% of internet users buy products online. The number has now reached up to 1 billion and still counting! The online buyers are undoubtedly expected to increase.
It has become highly competitive domain with new retailers entering the eCommerce space. With such a huge disruption, new platforms are being introduced in the market to fulfill the ever-growing demands of online users. Because of such a heavy demand, small & medium businesses are also forced to set up their online stores in order to scale up rapidly. Considering the initial investment to set up an online store or a web shop, it is ideal for SMBs to go with open source eCommerce development platforms.