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When the concept of E-commerce hit the floor, it troubled a lot of buyers. Most people were unsure about dealing with big brands such as Amazon, Flipkart, etc. They use to think, what if these companies do not provide value for their money. But now a day, it is common for people to deal online. They do so because they believe they will get the most trending items with a maximum discount if they shop online. Even the children are familiar with the world of E-commerce. In a report, the surveyors found that the buyers spent almost four trillion dollars on E-commerce Stores in 2022.
Although so much money is being spent online, as with anything worth doing, the internet is getting cluttered with existing and new ambitious entrepreneurs taking a stab at E-commerce. Sure, there are many consumers with a lot of different tastes, opinions, and desires. But that consumer variety can not compete with the sheer volume of online stores trying to get their cut of the most recent gold rush.
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