Abdul Fares | Ecommerce Challenges for Startups in 2020

The Ecommerce is a booming and it’s experiencing the surge of new entrants who wants to tap into the milk and honey of the industry and make a name for themselves says Abdul Fares. Access to a wide pool of consumers without geographical boundaries.

Abdul Fares, the brainer of renowned e-commerce business, is equipped with the knowledge and experiences to explain the Ecommerce challenges that newcomer’s might likely face.

Let’s take a look at Ecommerce challenges for Startups in 2020!

Transcript

1. Ecommerce Challenges for Startups in 2020 Abdul Fares
2. Ecommerce Challenges The Ecommerce is a booming and it’s experiencing the surge of new entrants who wants to tap into the milk and honey of the industry and make a name for themselves says Abdul Fares. Let’s take a look at Ecommerce challenges for Startups in 2020!
3. 1. Fighting to survive in a highly competitive environment Competition with the Ecommerce behemoths such as Amazon, eBay, Walmart will pose major problems. These giants have the highest market share and they have already won the heart and trust of the many consumers worldwide.
4. 2. Consumers will likely not trust new e-commerce businesses
5. 3. Marketing and Advertisement to get and retain customers are expensive Digital marketing is getting expensive every time. After most of the capital has been spent on developing the web to display your product, what is left might not be enough to carry on with advertisements says Abdul Fares.
6. 4. Keeping tabs of the trends