11 Feb
The new era in the digital world has forced retailers & e-commerce to adapt to the virtual shopping environment, which bridges the gap between a conventional and the modern shopping experience. Using inShop, a Live Shopping SaaS platform, customers can sit at home and buy whatever they want without the need of travelling from one place to other.
Live commerce combines instant purchasing of a product or a service, with the unique requirements of the customers enabling an in-store like shopping experience for the people from the comfort of their home.
Covid-19 has made the consumers more aware of the virtual space and as a result they’ve started utilizing it to its full potential. Today buyers not only look-out to buy differentiated products and seamless services, but they also expect exuberant shopping experiences.
As per the Statista research, the number of online shoppers has been growing significantly over the past few years. Last year in 2021, there were over 900 million more digital buyers than there were in 2020 providing a 4.4 percent year-over-year increase.
Growth of the E-commerce market size –
The global e-commerce market was valued at about 9.09 trillion USD in 2019, and is forecasted to grow at an annual growth rate (CAGR) of 14.7% from the year 2020 to 2027.
In 2021, e-commerce & retail sales amounted to an estimated 4.9 trillion U.S. dollars worldwide. This figure is forecasted to grow by 50 percent over the next four years, reaching about 7.4 trillion dollars by 2025.
Live Video Shopping coveys a brand’s image as more engaging, immersive, and keeps the viewers intact. It strengthens positioning amongst existing customers and attracts new ones, especially young people who are keen about innovative and intelligent shopping formats and experiences.
inShop Virtual Shopping Portal helps E-commerce, Brands, and Business owners with the chance to demonstrate their products live seamlessly and impart shoppers with accurate information and an in-person virtual shopping experience that eases their confusion and helps them to form quicker and better decisions.
With inShop Video Collaboration Platform, create flawless and personalized shopping experience for your customers. In addition, a Live video Shopping platform can boost-up the digital presence of your brand, be a way of generating more consciously engaged and easily accessible sales platform, where seamlessly shoppable live virtual interactions become a reality.
