Electronic Commerce commonly referred to as E-Commerce is a buzz word in today’s world. Traditional shipping experience in a physical store has always been the preferred choice of buyers, however local COVID restrictions, availability of Global products via e-commerce platforms with capacity for same day or next day delivery has enabled e-commerce to grow significantly. E-Commerce companies utilize their scale to cut down on the cost of goods to a great extent. Recent trends adopted by E-Commerce companies allow shoppers to experience a greater flexibility to buy products by taking trials and offering customers penalty free return policy.
Statistics show that E-Commerce industry is poised to have a phenomenal growth of up to 15% to 25% on a year-on-year basis for next 5 years. This is a great news for every organization that currently deploys E-Commerce as their platform of sales or want to adopt to this platform soon.
So where does Fashion Industry stand in E-Commerce business? E-Commerce Industry itself was 6.6% of world’s GDP as on 2021. Within E-Commerce, Fashion Industry dominates that E-Commerce business with a WHOPPING 30% of E-Commerce happening only for E-Commerce. In monetary terms, Fashion Industry transactions on E-Commerce platforms are estimated to be at 3 Trillion Dollars.
As these stages are very critical for Fashion Industry and need to be monitored virtually, it makes it important to deploy experienced resources to take care of various stages.
At SUMA SOFT, our team of experienced E-Commerce professionals assist our clients in taking care of all these stages in a very efficient way thereby reducing shipment delays, short-shipped orders and thereby improving customer satisfaction. Our team has end-to-end exposure to E-Commerce activities associated with Fashion Retail Industry.
If you are thinking of availing E-Commerce Services for Fashion industry, SUMA SOFT can offer the best solution for you at affordable cost.
We would love to understand your specific requirements and explore opportunities to provide our services to you. Please reach out to us by completing some information on our ‘Contact Us’ form and we will be happy to reach out to you with further information.
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