Every era has its opportunities and challenges, so today, when cross-border e-commerce is developing rapidly, you are still thinking whether it is too late to get started in cross-border e-commerce. Since the rise of e-commerce in China in 2008, this question has been repeatedly asked by different people. Today, many people should give you a “late” answer. After all, it is a fact that platform dividends, traffic dividends, etc. have been diverted and disappeared. However, if you run e-commerce as a business, it will never be too late. With the improvement of platforms and regulations, competition will be fairer, overseas markets will be more open, and high-quality products and personalized brands will always find their time.
The era of digital natives has arrived
Think about it, ten years later, in 2029, digital natives will account for more than half of the adult population, compared with 39% in 2019. Millennials have also started families and careers. As digital natives, their online consumption behavior and technology use are deeply rooted, and the popularity of online shopping will completely cover their daily lives and work.
Faster and more convenient services will be the criteria for their consumption choices
Today’s adults complain that the times are changing too fast, urging people to speed up. Imagine what kind of service will become their first demand in ten years: efficiency. Research shows that when asking consumers what is the most important factor when they shop online, delivery issues rank second and fourth overall. Consumers point out that cheap delivery (47%), easy returns (26%) and fast delivery speed (26%) are the three main areas that promote further online consumption. Today, these areas have been rapidly improved through technology.