E-commerce Development Trends
E-commerce continues to gain popularity around the world. Many companies already online stores of their own in addition to the real-life shops online commerce platforms keep increasing their trade volume and gaining more customers with each passing day.
The number of customers shopping online will grow from 1.46 billion (2015) to over 2 billion people by 2020.
We All Know That Today`s Online Buying & selling good are best way for enterprise’s & customer’s
Enterprise’s point of view :- Online means minimizing their marketing and warehouse expenses
Customer’s point of view :- Buying goods online means gaining quick and easy access to a maximum possible assortment of goods to choose from, compare their exterior and characteristics before purchase, and see what other customers think.
The use of blockchain technologies in the e-commerce field will advance it to a new level. Currently, payment issues pose the biggest problem in the e-commerce field, but blockchain is set to eliminate this issue as the technology becomes more widespread. The blockchain system records every single transaction while preserving data integrity — which means that all transactions are transparent as well as secure. Furthermore, blockchain technology will reduce amount of intermediaries required to complete the transaction, as well as the fees it will incur. As a result, processing payments with blockchain using smart contracts will be a significant improvement for e-commerce.
A Versatile Marketplace:We first had an idea to create our own marketplace after the success of Boomstarter, a crowdfunding platform where small-scale productions and startups find crowdfunding for their projects. Thanks to Boomstarter, dozens unique creative, technical and other ventures emerge every month, each and everyone with a plan to deliver and begin the sales. Over the 5 years since its creation, Boomstarter helped fund over 1,500 projects that subsequently became full-fledged, profitable business ventures. That was the exact moment we had an idea to create a project that would allow such manufacturers and creators to easily sell their goods through their own individual online stores.
We realized that successful projects need their online stores to keep growing even further.
In a nutshell, starting your own online store is no simple ordeal. It takes a business owner a lot of effort, time and money to assemble the team and create their own website. However, an e-marketplace constructor solution with a ready-to-use interface and cutting-edge e-commerce technologies could solve that problem with ease. Currently, there are many e-marketplace solutions, each with a mission of its own, but all of them can be summed up as thus: “Anyone can create and manage an online store — with our help.” Still, there are currently no e-marketplace constructor solutions that would offer their clients a full and comprehensive combination of e-commerce services — such as smart contracts, cryptocurrency payments, integration with third-party services and 24/7 support — all at once. Our team has developed a platform designed to allow anyone to create an online store of their own, while making good use of the most advanced technologies in the e-commerce field.
Meet Storiqa:Storiqa makes it possible for business owners to create their own online marketplace over the span of 10 minutes and increase their customer audience — including foreign customers, since the marketplace has been translated into 6 languages. Storiqa features a selection of tools for direct customer feedback, bookkeeping and sales analysis, as well as advertising and promotion, as well as a convenient and user-friendly interface. Our platform offers great opportunities to self-employed entrepreneurs, small-scale manufacturers, family businesses and makers of handmade crafts. The competitive advantage of Storiqa lies in the unique combination of features that no other similar service will provide.
All the tools and services required to begin selling your products successfully are already integrated in Storiqa. The platform will be beneficial not just for fresh entrepreneurs and startups crowdfunded through Boomstarter, but also for owners of already existing real-life stores, as Storiqa makes it very simple to create and manage an online store of your own. The straightforward and user-friendly constructor interface will make it possible for anyone to sell their work online successfully.
Strengths of Storiqa : While there are many similar store constructor solutions currently functioning, and many more have appeared recently due to the popularity of the field, we are offer our clients a full-fledged hybrid store constructor that not just provides the tools to create an online store, but also sports a full set of crucial business features and full integration with many third-party services and platforms.
Why It Actually Works : When you consider creating a new service or a new platform, a reasonable question arises: who can guarantee that your offer will be recognized and gains enough momentum? The answer is this: Storiqa actually brings results because this is what our audience needs! Storiqa is a project that will bring together the individual entrepreneurs, small-scale manufacturers, family businesses and makers of handmade crafts. Our target audience is creative people who make unique things that other people look forward to buying. After all, our platform is first and foremost designed for the successfully crowdfounded Boomstarter projects, which came to fruition thanks to the people who put their trust into them and decided to invest their money into somebody else’s craft.
In addition, thanks to our experience in the field and cutting-edge technologies, we know how to create a marketplace platform that actually works. This is what it needs:
Cryptocurrency payments and integrated smart contract support
Payment is a troubling issue, for both sellers and buyers. How do you calculate the final cost of the items you sell, and take into account the service fees and the currency exchange rates? Storiqa lets you easily shop online from any part of the world without any worries. Our platform processes the payments directly, without any middlemen, using any currency of your choice set against the cryptocurrency price determined by the seller. Moreover, integrated smart contacts make transactions extremely fast and secure. The smart contract ensures that the money goes to the seller when and only when the buyer confirms the delivery. As a result, the buyer makes the payment only once their order arrives, which increases the service’s trustworthiness and makes shopping online a more convenient experience.
Advanced Customer Analysis Tools : The first step to creating a marketplace that actually works is to provide the seller with the tools and features that would allow to form a profile of their customer, and subsequently adapt their strategy with the customer experience in mind to gain more sales. In order to meet all the modern requirements and regulations in the e-commerce field, Storiqa offers the mechanisms to constantly gather, analyze and process customer data. The key metrics will allow sellers to timely adapt to any changes in demand, as Storiqa makes tracking customers and adjusting your current business model a simple and elegant experience.
Customer Feedback That Works
We are creating the perfect conditions for excellent communication between the buyer and the seller. Why some people refuse to shop online, you may ask? More often than not, that happens because the buyer finds it important to actually inspect the goods they are want buy — or, in other words, they want to learn more about their future purchase. A modern-day customer wants to learn all the ins and outs of their purchase from the manufacturer directly, get involved in creating the unique product tailored to their wants and needs, and receive up-to-date information about any campaigns and offers straight from the source. In addition, 30% of the customers prefer to make orders and ask any questions about their future purchase by phone.
With that in mind, Storiqa offers a set of tools for successful buyer- seller communication. Our integrated telephony service allows the store owners to receive feedback calls from their clients with next to no setup needed, save and playback the recorded calls, and monitor the performance of their call managers. The customer support tools available through Storiqa make it possible to get your customer feedback lines up and running, and increase sales through interacting with your clients directly.
Integrated Marketing Tools
We help our clients attract new customers for an increasing growth in sales through painless and easy-to-use integration with the largest partner networks, as well as by offering a wide variety of tools to track a customer’s experience in order to make each and every store more client-oriented. In addition, Storiqa is pre-configured to work with many popular advertising platforms — our clients can connect to them in just a few clicks. The advertising and promotion expenses are automatically aggregated by our platform, which makes Storiqa incredibly useful for those who own their own business.
Creating an international store constructor solution that sports such a combination of features requires a solid legal foundation and high-quality legal regulation by a body of executive power. The legal body of Storiqa is based in Zug Katon, Switzerland: thus, it conforms to the laws of Switzerland and the international legislation, and also enjoys the benefits of the friendly and stable legal conditions provided there. From a legal point of view, Switzerland offers the most comfortable conditions for tax planning, and companies based there get access to one of the longest-standing and most successful banking systems of the world.
Project Details : When the project launches, store owners and buyers will gain access to the basic functionality of the platform. Sellers will be able to create their own store pages that contain the most important information about the store, and create a list of items they sell. In addition, sellers will be able to configure a discount system for their store (either percentage-based or fixed to a certain sum in currency equivalent). After the seller provides the required information for the store’s webpage (store title, brief and full description, warranty liabilities, shipping and return information, store logo and cover) and compiles a catalogue of sold items (each with its own description, price and cover image), the store will be open for orders.
Shipping and payment : A seller must specify one or several warehouses and shipping methods. When a buyer wishes to make the order, our platform identifies their location, confirms it with the buyer, and offers a choice of several shipping methods depending on the buyer’s and seller’s respective location. If the seller has a warehouse in the buyer’s town of residence, Storiqa offers local pickup or delivery by courier (with an option to calculate the average cost of delivery). Otherwise, the order will be shipped by Russian Post. Depending on the shipping method, the platform offers the buyer an option to pay by cash (at the local pickup point or to the courier), or on postal delivery (for orders shipped by Russian Post). After the buyer confirms the order through the shopping cart, the store’s call manager gets in touch with the customer, clarifies the shipping and payment details, and confirms the order for delivery using the designated shipping method.
Storiqa provides a 24/7 technical support service for both buyers and sellers. At a future date, sellers will be able to make use of the integrated call recording and playback service, which will facilitate and simplify the process of resolving any order-related issues.
Storiqa billing plans:Storiqa offers a total of three billing plans, each with a unique set of advantages our platform provides. During the launch stage of the project, all stores will work under the Basic plan at a cost of 0.99 RUR per 1 item per day. This plan includes the full list of basic marketplace functions: an online store with a catalog of items, store webpage hosting, automated discount system, and 24/7 support. In the future, the platform will begin offering two more billing plans: E-Commerce (0.99 RUR per 1 item per day + 5% sales fee), and Standard (1.99 RUR per 1 item per day + 10% sales fee). The E-Commerce plan unlocks the option for buyers to pay by credit/debit card. The Standard plan includes all the aforementioned features, and also provides the buyer with a set of convenient tools for customer feedback (telephony, live chat, callback and mailing lists), sales promotion (advertising network support), and a feature in the comprehensive online catalog of items sold across all Storiqa stores (with filters by color, size and price for the maximum customer-friendly experience).
The overall monthly fee is calculated on the first day of the next month, and the platform automatically debits the bank account linked with the store.
Future of Storiqa : Keeping in line with the cutting edge in the e-commerce field, Storiqa will be running all transactions exclusively as smart contracts to ensure maximum security (as the seller will receive the funds only when the buyer confirms the delivery). Moreover, in the future, the platform will be further augmented by Android and iOS customer apps that will make shopping a quick and simple experience. In addition, we also plan to introduce multicurrency wallets with an option to shop using the cryptocurrency that is independent from any fluctuations of the fiat currency exchange rates. Storiqa will make “2-click” purchases possible in any part of the world.