E-commerce has always been a subject of doubt for many people. From newcomers to old agents, the constantly changing landscape of e-commerce has always led to many questions. The year 2020 brought in major changes for e-commerce and led to even more questions.
In his recent interview, Can Mandir, a successful dropshipper, assesses the state of e-commerce and clears the most common doubts people have regarding the same. Below are some of these to help you out.
What was the secret to e-commerce growth in 2020?
It seems surprising to many people that even in the worst of times, e-commerce managed to grow. However, assessing the circumstances makes it easier to understand why it all happened. The virtual world took a leap in 2020, which is why e-commerce managed to bloom the way it did.
Online shopping gained even more consumers than before since it became a necessity as people couldn’t visit offline markets. Moreover, the virus made the outside world a red zone which is why people prefer online shopping.
Were shipping restrictions a disadvantage?
Many online sellers have been worried about the shipping restrictions that were imposed by different countries. However, these restrictions weren’t a disadvantage. Can Mandir, too, claimed, “There are not that many restrictions on shipping terms or policies.”
He further added that the online selling sector has been on the advantageous side of the pandemic. Therefore, sellers shouldn’t be afraid of establishing online platforms for their shops.
Will e-commerce perform well after the pandemic?
E-commerce will continue to perform well even after the pandemic, according to Can Mandir. There are things that the pandemic has helped Ecommerce establish. However, these are just the primary steps and will act as growth catalysts for the future, too.
Consumers have developed the habit of shopping online and enjoying the benefits Ecommerce offers. It is difficult for consumers to go back to offline markets unless there comes a better alternative than e-commerce which seems very unlikely.
Is crypto here to stay?
Can Mandir claimed that he feels optimistic about cryptocurrency and believes that it’ll serve a greater role in the future. When asked why he thinks, he pointed towards the interest shown by Elon Musk towards the topic. In reference to Musk, he added, “His words and actions matter and have a direct effect on the market, and it has been proven many times through his social media posts.”
Thus, while e-commerce remains eluded to crypto, it’ll not be so in the future.
Can dropshipping be improved?
Can Mandir give certain pointers through which one can improve dropshipping. These are:
- According to Mandir, there isn’t a perfect strategy that can lead to an increase in sales; however, market analysis can help dropshippers. He further added, “Those, who adopt a longer-term perspective and are willing to understand it, will also be able to find the key to success.”
- The integration of email marketing to e-commerce ventures can be really beneficial as it makes the consumers feel special. According to Mandir, email marketing can really turn the table for a firm if implemented properly.
What are some things a new dropshipper requires?
Being a successful dropshipper himself, Mandir knows the initial requirements of starting a dropshipping venture. Below are the same:
- Electronic devices such as smartphones, laptops, and computers.
- A stable and good internet connection.
- The ability to devote 2-4 hours every day.
- Willpower, dedication, discipline, and interest in dropshipping
Along with all these things, if you possess an eye for future trends, you can really change dropshipping’s game and earn a name for yourself. Moreover, words from experts such as Mandir himself can be useful to newcomers.
