Will eCommerce Replace Our Traditional Shopping Habits?
The rise of technology has revolutionized the eCommerce industry, enabling individuals to trade items on domestic and global eCommerce platform. The Business-to-Consumer (B2C) sector has emerged as a significant player that can significantly replaces traditional business methods. Recent surveys indicate that the digital e-Commerce market is projected to grow at compound annual rate of 14.7% from 2020-2027, surpassing the traditional business-to-business (B2B) market growth of 4%.
Our shopping habits have evolved from leisurely mall visits to virtual window shopping online, removing shopping and payment boundaries. Product marketing has shifted from traditional magazines and newspapers to technology-driven platforms, aided by social media announcements. Many products are now pre-launched via live video streaming to gauge audience reactions before mass production. This shift has led manufacturers to adjust their processes, purchasing raw materials only when pre-launches are successful.
We all like to travel for leisure, religious affairs, or to visit our loved ones, and we often buy goods to bring back home. In most cases, we hand-carry our shopping items without knowing the rules and regulations, resulting in extra weight-baggage charges by the airlines and duties-taxes upon arriving at our home country's airport. There is more convenient way in shopping our preferences either from the comfort of your home or from the foreign country.
There are various eCommerce platforms integrated with logistics services that cater to both domestic and international visitors. However, most are owned and operated by the same company, lacking a competitive pricing and quality of services scheme. Platform users should be able to access eCommerce items and logistics services provided by independent companies certified by the platform administrator.
By integrating both platforms, users can seamlessly access a diverse range of domestic eCommerce products and logistics services within a specific country. The platform also ensures transparency by displaying competitor prices. The certification process meticulously examines each user seller and logistics company, ensuring the origin logistics/forwarder company adheres to relevant rules and regulations.
Similarly, the destination company is verified to understand customs clearance procedures, ensuring that products entering the country comply fully with regulations. This holistic approach guarantees a compliant and efficient experience for all stakeholders involved in the eCommerce and logistics ecosystem. As a result, when tourists visit a country and want to purchase items from their home country again, they can simply place an order for direct shipment without worrying about paying duties and taxes, or concerns about goods being damaged when arrived.
The modern era, with its growing digital literacy and awareness, has transformed online shopping and logistics into an integral aspect of our daily lives. The biggest advantage of online experience is the ability to make purchases and have it delivers to our home with just a few clicks. Through initiatives that prioritize quality assurance and consumer education, we can play a key role in establishing trust and credibility within the platforms, logistics, and eCommerce sectors. This approach creates a win-win situation, benefiting independent local businesses, online shoppers, and the logistics services that facilitate these transactions.
