The reason that the fastest-growing categories in eCommerce became an area of interest for us is because of the sudden rise in eCommerce sales since March 2020. The recent reports share that there has been a massive increase in certain eCommerce categories list and others faced a decline. If you have an online business or an eCommerce store, it is very crucial for you to see what holds the most potential for the future?
You can also take a peek at the image below to see the changing winds in the eCommerce world.
Change is inevitable in the world and there is nothing that we can do to halt the evolutionary trends. However, what can we do to stay ahead in the eCommerce race? That question can be analyzed by evaluating these categories and seeing where to invest our time and money wisely.
Where the Wind Takes us? – The Fastest Growing Categories in eCommerce
It is interesting to note that at the global level, the economy of many countries has been under the influence of these recent changes. When ‘the work from home’ and ‘remote jobs’ have become a norm, the travel game has been down, and people have been preferring to invest more in physical fitness, healthier food, and home-based products. This last year has been a game-changer and major news outlets such as business insiders, CNBC is predicting the same for the year 2021 for the eCommerce categories list and how it will never be the same again.
The above trends can help you to know how businesses can create their monopoly and dominance in the growing market and relevance related to eCommerce categories list of rising side. However, it is predicted that since digital products and the world shifting to the online ecosystem, there will be a 17% increase in retail sales.
Here we are going to list the categories that are currently witnessing the shift from conventional to digital For example:
The rise of multichannel and omnichannel business to business platforms, where manufacturers, wholesalers, and retailers can interact to sell and buy.
The rise of B2B is not hidden from anyone.
Most of people know about this type of eCommerce online websites and stores selling directly to people through their selected platforms for example Amazon and Alibaba. Now we are witnessing the rise of Facebook shops, Instagram shops etc.
Here the consumer is said to post the project online, where they can create specific bids on the posts and companies can get those services or buy them. For example, we have seen online platforms like Upwork and it goes for people selling online services.
It refers to those online eCommerce marketplaces, where the consumers interact with consumers and sell or buy their products online. Have you ever sold anything on Etsy? Well, they are becoming quite popular these days, might wanna check it out!
Become a Game Changer – Build your eCommerce Store
With the rise in demand for eCommerce development services, it is vital to identify the eCommerce categories list and fastest-growing eCommerce categories that work for you. Even if you have a business in B2B, B2C or you are dealing in another category. What is crucial for your success? Your online presence. So the consumers can reach you. But how do you stand distinctive among the crowd?
To stand out among the crowd of these online businesses, it is important to choose the right platform as per your unique business needs.
Since Commersys has been around for all these years, you can consult the experts to build your online store or website. If you are someone who is looking for a more innovative solution to drive more conversions, increase sales, and retain your consumers. You can find your place on an eCommerce platform of your choice such as Magento, Shopify, etc.
What are you waiting for?
Don’t delay, and let’s start today!