A Summary Of Retail.Global
Right now, the e-commerce market is having difficulty powering global sales. Small and mid-sized businesses must compete in a global market, but it is hard for them to manage all of the processes that come with a global e-commerce operation. Managing delivery, payment, platforms, logistics, content, support, advertising, merchandising, analytics, integrations, and more isn’t easy. Especially not when it is done on a global scale. For small and mid-sized businesses, managing these kinds of processes can easily become unaffordable. That is what Retail.Global is trying to solve. Retail.Global wants to put all of the scaling solutions for a global e-commerce business on a single platform. In addition, Retail.Global wants to use blockchain technology in order to provide users with smart contracts, a transparent supply chain, and a loyalty rewards program. Let’s take a closer look at how Retail.Global will work.
What Is Retail.Global?
Retail.Global is a platform for small and mid-sized businesses to scale up their e-commerce processes. According to the whitepaper, the platform wants to build on five key e-commerce trends:
• A growing share of online sales coming from retail.
• A growing demand for cross-border e-commerce.
• A growing demand for better loyalty and rewards programs.
• A growing demand for better technology solutions for omnichannel marketing programs.
• A growing demand for the development and adoption of blockchain technology.
What Problems Does The Platform Solve?
Retail.Global solves a number of different problems, but perhaps the biggest is the online/offline supply chain problem. Currently, online e-commerce sales and offline e-commerce sales have different supply chain processes—different wholesale suppliers, different warehouses, different delivery systems, and different returns processes. For small and mid-sized businesses, handling these different processes can be a hassle that costs the business time and money. Retail.Global’s platform simplifies the process of handling online and offline supply chain issues.
Why Would E-commerce Buyers And Sellers Switch To Retail.Global?
The demand for e-commerce is growing from consumers. Small and mid-sized businesses absolutely need an e-commerce offering, and by doing so they are increasingly competing on a global scale. The problem is that scaling up these processes is difficult and expensive. Retail.Global lowers the cost of having a global retail operation, which is an attractive prospect for many businesses. Current e-commerce software is expensive and difficult to use. That is why many e-commerce businesses will likely favor Retail.Global, which offers more simplicity and greater efficiency.
The Retail.Global team has done a fantastic job of spreading the word about their project (https://bountyhive.io/join/Retail.Global). Retail.Global has been able to build momentum for their project, and now it is one of the most anticipated in the entire crypto space. Retail.Global is sure to have a number of competitors, but the project has an experienced team. The team has over 10 years of e-commerce experience, and they’ve already had success with brands such as Glance, Proskater, Quiksilver, Anta, VK, Mail.ru, 5pocket, and Comma. Brands that want to expand their reach to a global scale will be able to use the Retail.Global platform to do so in an affordable manner. That could make this crypto project one of the most exciting of all 2018.
Written by: liveheart
BountyHive ID: liveheart