Is it time to start your own ecommerce business?

How can you tell when it is actually “the time” for anything in life… Right? 

However, on this specific topic, we do have some interesting insights that might push some of you, who are already flirting with the idea of kicking off a new e-commerce business.

For instance, did you know that global e-commerce sales are expected to reach $6 trillion by 2024? Alright, traditional retail sales are expected to reach $27.34 trillion by the same year, but let’s not forget that physical shopping has been, and still is active ever since the 16th century. When it comes to e-commerce, we ought to keep in mind that it was just 2 years ago that we witnessed its booming after the Covid-19 pandemic. 

Fast-paced global digitalization can actually be considered one of its side effects.

Placing this into perspective, it would be silly not to fully engage with starting an online business nowadays. 

Ask yourself the following: right now, would you prefer going shopping at the mall? or simply browsing online and having your goods delivered to your doorstep? 

We understand that there may be lots of variables that can affect the answer to this question, nevertheless, we know that sometimes it is easier to order groceries from a mobile app, for example, or purchase something from overseas, this is the future! Who would have thought so, huh? 

Now, linking all this with the social media blast we have been witnessing in the last couple of years as well, we get to see a pattern of behavior among both customers and sellers, giving birth to something called “Social Commerce”. Let’s face it, we spend a good share of time on our devices scrolling up & down, and we get amused by offers, new products, things they make us believe we NEED when we actually don’t… Yet another point to convince you to start your e-commerce business. 

And that’s why, besides the e-commerce boom, we got to see the birth of new related services and products, such as the payment gateway, more specifically, MontyPay’s payment gateway!

Once you make up your mind and decide to enroll in your new business (or even if you feel like optimizing the one you already have), we happily offer you our features, here to boost your online business with the most seamless, cost-effective, and attractive services that will help you reach amazing results and uplift your revenues. 

We invite you to get in touch with us to know more about our online and mobile checkout, pay by link or QR code feature, payment by installments, recurring bills, and advanced reporting platform, among many other attributes we are ready to provide to your business to make it succeed!

For references, click on the links below: