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Vtex and Brand Strategy

Recently, our team at Neolive Marketing had the pleasure of attending an important eCommerce event for companies, promoted by VTEX.
The purpose of the event was to present the structure that it offers to online stores and to show its platform in greater detail for the upper management and programmers of eCommerce companies.

VTEX has 2,300 online stores in 24 countries, and together handles more than 18 million orders and over $2 billion dollars in transactions annually.

VTEX website landing page

VTEX attracts countless companies already present in other countries, that are increasingly willing to tackle the American Market and its avid always connected consumers.
As we all know, shopping in the US is particular and diverges from what is seen and performed in other countries, which brings various challenges to new entrants.
A good Brand Strategy is essential for either new brands as it is for those well-established in other countries.

The US presents a projected online shopping estimate for 2018 of 220.6 million people, spending each, a total of US$2,012 dollars annually.
Purchases online, made through mobile devices exclusively reached US$ 23.7 billion in the third quarter of 2017 alone.

Want more details about our Brand Strategy Services?

Get in contact with us by sending an email to contact@neolivemarketing.com

 

Why E-Commerce Is Such a Good Idea

Technology is taking over our world. Think about it: almost everything we do now a days revolves around a tech device which is probably your phone, computer or tablet. Anything we need, is at the palm of our hands and in reality the world of internet is relatively new. Did you know that although e-commerce dates back to 1991, operations weren’t entirely reliable until the year 2000? Which means e-commerce has only been in our lives for the past 16 years and already the market has expanded tremendously and it will keep growing. Forbes is projecting that e-commerce sales in USA will reach $414 billion by the year 2018! Who wants a piece of that pie?

One of the most popular activities people do on the World Wide Web is shopping! (music to our ears as business people) and it’s for the simple reason that you can do it from wherever you are. If you have a phone, tablet or computer you can not only shop from anywhere in the world, you can check price differences with just a click and you can even send a “Wish List” to your family, friend or significant other if you are trying to persuade them to buy you a little something.

E-commerce has some great advantages for business people/entrepreneurs:

  • The web and its search engines provide a way to be found by customers without expensive ardvertising
  • Small online shops can reach global markets
  • Web technology also allows to track customer preferences and to deliver individual-tailored marketing

explaining the history and growth of e-commerce in the usa

The greatest thing about e-commerce from a business stand-point is the lower overhead cost since a brick-and-mortar does not have to built; everything is online! (Amazon started out of a garage; how’s that for inspiration?) Sometimes e-commerce business owners feel out of touch with their customers because there’s no in-person connection but thankfully, “pop-up” shops are on the rise and stores can build a customer relationship at local markets, parks, airports even malls.

Overall, e-commerce is an amazing opportunity for entrepreneurs as there is space for everyone but, keep in mind, just like any business, it needs a plan and marketing strategy. The key as an ecommerce business owner is to establish trust and credibility with leads and customers. From developing an attractive and easily navigable website to creating content that helps your customers.

Have you jumped into E-Commcerce yet? What has been your experience?