{"id":3946,"date":"2021-07-02T06:12:45","date_gmt":"2021-07-02T06:12:45","guid":{"rendered":"https:\/\/www.bsetec.com\/blog\/?p=3946"},"modified":"2022-12-07T13:25:55","modified_gmt":"2022-12-07T13:25:55","slug":"challenges-in-ecommerce-business","status":"publish","type":"post","link":"https:\/\/www.bsetec.com\/blog\/challenges-in-ecommerce-business\/","title":{"rendered":"What are the Most Common Challenges with Creating an Online eCommerce Marketplace?"},"content":{"rendered":"<p><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter size-full wp-image-5488\" src=\"https:\/\/www.bsetec.com\/blog\/wp-content\/uploads\/2021\/07\/What-are-the-Most-Common-Challenges-with-Creating-an-Online-eCommerce-Marketplace.png\" alt=\"Ecommerce Business Revenue\" width=\"891\" height=\"453\" srcset=\"https:\/\/www.bsetec.com\/blog\/wp-content\/uploads\/2021\/07\/What-are-the-Most-Common-Challenges-with-Creating-an-Online-eCommerce-Marketplace.png 891w, https:\/\/www.bsetec.com\/blog\/wp-content\/uploads\/2021\/07\/What-are-the-Most-Common-Challenges-with-Creating-an-Online-eCommerce-Marketplace-150x76.png 150w, https:\/\/www.bsetec.com\/blog\/wp-content\/uploads\/2021\/07\/What-are-the-Most-Common-Challenges-with-Creating-an-Online-eCommerce-Marketplace-300x153.png 300w, https:\/\/www.bsetec.com\/blog\/wp-content\/uploads\/2021\/07\/What-are-the-Most-Common-Challenges-with-Creating-an-Online-eCommerce-Marketplace-768x390.png 768w, https:\/\/www.bsetec.com\/blog\/wp-content\/uploads\/2021\/07\/What-are-the-Most-Common-Challenges-with-Creating-an-Online-eCommerce-Marketplace-290x147.png 290w, https:\/\/www.bsetec.com\/blog\/wp-content\/uploads\/2021\/07\/What-are-the-Most-Common-Challenges-with-Creating-an-Online-eCommerce-Marketplace-82x42.png 82w, https:\/\/www.bsetec.com\/blog\/wp-content\/uploads\/2021\/07\/What-are-the-Most-Common-Challenges-with-Creating-an-Online-eCommerce-Marketplace-65x33.png 65w, https:\/\/www.bsetec.com\/blog\/wp-content\/uploads\/2021\/07\/What-are-the-Most-Common-Challenges-with-Creating-an-Online-eCommerce-Marketplace-510x259.png 510w\" sizes=\"(max-width: 891px) 100vw, 891px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">People these days are mostly reliant upon their mobile phones, tablets or laptops for everything in this world. From buying clothes, nail paints, notebooks to purchasing groceries\u2013 everything has been made available online right beneath our fingertips. This has created a huge increase in the number of eCommerce apps and websites over the internet today. Many startups, entrepreneurs and businessmen are building platforms like Amazon, Etsy, Flipkart, eBay, etc. for catering to the needs of the people and providing revenue to other businesses and earning huge profits. Back in the day, one could earn crazy money by selling just about anything, because of minimal competition. However, with the growing demand for such eCommerce platforms, there are tough challenges that businesses have to face. This is why many companies have ditched from-the-scratch development, which is a very expensive and time-consuming process, and rather opted for using seamless <strong><a href=\"#\">eCommerce clone scripts like Pazer Plus<\/a><\/strong>.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<h2>Top 5 Challenges in eCommerce Business<\/h2>\n<p><span style=\"font-weight: 400;\">Some of the challenges that eCommerce businesses need to face are\u2013<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\"><strong>Online Identity Verification<\/strong>\u2013 Many times customers who don&#8217;t intend to buy anything just browse and place orders via COD (Cash on Delivery). But, when the order reaches it is found that the customer&#8217;s phone number is fake. These things create huge losses in revenue when the customer identity cannot be verified. So, it&#8217;s really important to perform online identity verification before any prospective customer makes a purchase.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\"><b>Cyber security<\/b><b style=\"font-weight: 400;\">\u00a0Issues<\/b>\u2013 Something that can compromise the security of eCommerce websites are by cyber attacks\u2013 where the computer or the entire server can be infected with viruses and worse of all, there might be a data leak\u2013 which means all of your customers&#8217; databases, their phone numbers, emails, payment details (bank details) can get leaked into the web, and anyone can get access to it. This is why it&#8217;s very crucial to manage your own servers and make regular data backups.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\"><strong>Shopping Cart Abandonment<\/strong>\u2013 Many statistics show that online shoppers abandon their shopping carts and this has been a great problem for the sellers who sell online. However, to cut down cart abandonment, you can redesign your shopping cart and nurture your customer&#8217;s interest via live chat and also send push notifications to remind them what they are missing out on!<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\"><strong>Nurturing Customer Loyalty<\/strong>\u2013 Customer loyalty is a fickle concept but it&#8217;s very powerful in revenue generation. Even some of the best eCommerce companies with a wide plethora of products and services struggle with customer loyalty. Customer loyalty is synonymous with brand integrity and it&#8217;s very important to build the credibility of your brand that can help you increase customer retention. You may use loyalty programs and publish blog articles or host live sessions for building customer loyalty.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\"><strong>Product Returns and Refunds<\/strong>\u2013 Many shoppers look for a return policy before they make a purchase, and if your store has a complicated return or exchange policy, then the customers might lose their mind and rather not use your site\/app for purchasing your product or service any further.\u00a0<\/span><\/li>\n<\/ul>\n<blockquote><p><em>Know <a href=\"https:\/\/www.bsetec.com\/blog\/how-a-mobile-app-can-boost-ecommerce-business-revenue\/\">How a Mobile App Can Boost Ecommerce Business Revenue<\/a><\/em><\/p><\/blockquote>\n<p><span style=\"font-weight: 400;\">So, now that you are aware of the challenges that you have to face if you want to create an online eCommerce website\u2013 you can ease the problems by using the <strong><a href=\"#\">Etsy clone<\/a><\/strong> by <strong><a href=\"https:\/\/www.bsetec.com\/\">BSEtec<\/a><\/strong>. Contact us for further details.\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>People these days are mostly reliant upon their mobile phones, tablets or laptops for everything in this world. From buying clothes, nail paints, notebooks to purchasing groceries\u2013 everything has been made available online right beneath our fingertips. This has created a huge increase in the number of eCommerce apps and websites over the internet today. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5488,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1484],"tags":[1724,1489,1461],"class_list":["post-3946","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-pazer-plus","tag-best-etsy-clone-script","tag-etsy-clone","tag-etsy-clone-script"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What are the Most Common Challenges with Creating an Online eCommerce Marketplace? | BSEtec<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bsetec.com\/blog\/challenges-in-ecommerce-business\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What are the Most Common Challenges with Creating an Online eCommerce Marketplace? | BSEtec\" \/>\n<meta property=\"og:description\" content=\"People these days are mostly reliant upon their mobile phones, tablets or laptops for everything in this world. From buying clothes, nail paints, notebooks to purchasing groceries\u2013 everything has been made available online right beneath our fingertips. This has created a huge increase in the number of eCommerce apps and websites over the internet today. 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