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3 Biggest Ecommerce Business Growth Factor Every Merchant Should Learn

by Czarina R. Content Manager and SEO

Global Ecommerce Business Growth is going to hit almost $5 trillion two years from now. That is a gigantic leap from half a decade ago. Ecommerce business growth have been steadily rising in the worldwide retail market since the start of the decade.

New studies projected that the worldwide retail eCommerce sales will reach a new high by 2021. Ecommerce businesses should anticipate a 265% growth rate, from $1.3 trillion in 2014 to $4.9 trillion in 2021. This shows a future of steady upward trend with no signs of decline.

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If you want to take advantage of the phenomenal business growth long-term and be able to build a scale-able business, you must start with a business growth mindset.

Why is it important to take advantage of this immense growth in the ecommerce world?

The reason is simple - everybody else is moving forward, and you don't wish to be left behind! Your ecommerce business cannot afford to stay maintenance mode.

Maintenance mode is for the dying. Once you take that approach to your business, it is bound to dry and die out!

A lot of business once they sniff success stop growing for several reason. The founder has lost his energy and has become satisfied with what he has achieved. Some have stop planning for new challenges, while still others has just stop learning new way of doing things.

This mindset has an adverse effect to both you and your business. Let's face it. We are not born to be comfortable. We are made to explore new horizons, to make known the unknown. That is how the world was won in the past, and that is how new frontiers are going to be explored in the future.

Every ecommerce businesses should learn these 3 biggest lessons

Lesson #1. The importance of maintaining a mindset of growth for your ecommerce business cannot be under estimated.

Never stay in your comfort zone too long, it makes it hard for business growth to happen. You have got to get out of there and step into uncomfortable situations. If you ever want to get better, you must first stop with the excuses -- they'll keep you exactly where you are.

When faced with difficulties, embrace it and learn to see those challenges as opportunities you can take advantage of. A lot of people shrink when difficulties come. Nobody wants to persist anymore. Most people just want an easy life. This can be observe in all spectrum, from marriages to careers, to businesses, and even sports. But those who learns to embrace the challenges as opportunities for growth, they are the ones who really get to the top.

Failure is a part of growth, one must learn to accept it. To borrow the words of sir Winston Churchill

Success consist of going from failure to failure without loss of enthusiasm.

Read full post ecommerce business growth factors


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About Czarina R. Senior   Content Manager and SEO

210 connections, 7 recommendations, 741 honor points.
Joined APSense since, August 14th, 2019, From Tallinn, Estonia.

Created on Oct 22nd 2019 09:59. Viewed 409 times.

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