Understanding who you're pitching to is critical to your success. It's all about the people in business, as it has always been.
You cannot overlook this trend if you really want to stay ahead. The world is changing, and your competitors are not sleeping. The earlier you realize this and integrate it into your sales and marketing approach, the better. What are you doing right now? How far can you go? Have you already made the transition from local to global?ĭigital marketplaces are indeed the way of the future of e-commerce. Today, the issue is not whether you sell online but how far you can reach.Į-commerce offers limitless opportunities, and all you need to do is keep pace with the trends. Online marketplaces will account for 67% of worldwide e-Commerce revenues (Forrester). According to Coresight Research, marketplace platform revenue will more than double, reaching around $40 billion in 2022. Without a doubt, online marketplaces will dominate the e-commerce business in the coming years. This increase is because of the fact that online marketplaces combine user demand and provide customers with a broader selection of products.ĭigital Marketplaces Are the Way to the Future of E-Commerce As the world transforms and becomes more digital, the rise of digital marketplaces, e-commerce, and other types of online business is exploding.Į-commerce marketplace platforms are rapidly expanding in the digital environment and are expected to acquire momentum as the future of e-commerce. I don't want to be boring, but certainly the pandemic and a few other market factors have had a role.įrom ancient times, marketplaces of all shapes and sizes have served as the foundation for all types of business. It is no surprise that e-commerce has grown dramatically in recent years. VMWARE Digital Marketplace: The Future of E-commerce
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