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The Future of Online Shopping

The Future of Online Shopping

Online sales will continue to rise. Every webpage designed to sell a product or market a service should understand the future of online shopping.

There are several major variables that make online sales attractive to the worldwide market. These variables include:

1) Value of Products/Services offered

2) Dependability and Reputation of the Seller

3) Ease and Security of payment

4) Ease and Security of shipping.

Younger and wealthier shoppers are driving a wave of online sales. Many of these people – having some web familiarity and disposable income – have learned to shop online for price comparisons and other comparative data. If shoppers find a superior situation, especially regarding the above 4 crucial variables they will usually become online buyers.

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The Future of eCommerce Business in Sri Lanka

The Future of eCommerce Business in Sri Lanka

eCommerce is not new to the world but it is relatively new to Sri Lanka. There have been the global players of the eCommerce market who have been serving the needs of a few Sri Lankan people, but that was not enough. The need of the people, the vacuum existed in the market and some skilled businessmen made it possible for the eCommerce business to emerge in the country. The local players are still at their beginning stage.

Considering the world market for eCommerce , the Sri Lankan market is pretty small. This is one of the major facts that are in favor of the local players. If it were something like the Indian market with several millions of customers for eCommerce , the local players would have been taken away by the international players. However, the fact is that the Sri Lankan eCommerce market is still considered by many international players.

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