Let's discuss this thread for our #GlobalEChats!

So what do you make of the wave of #ecommerce these days? Come delve into the ins and outs of it with us!
So #Entrepreneurs out there, what is ecommerce?

It just refers to electronic transactions done in the name of #sale and #purchase.

In simpler terms, you buy and sell things online with the #internet! That's it!
But to whom and from whom can these #transactions take place between? Surprisingly, it's not just between #business (B) and #Customers (C)!

It can take place between:
1. B2B
2. B2C
3. C2C (or P2P)
4. C2B
Out of the 4 possible transactions, let's talk about #P2P transactions also known as C2C!

Sounds weird but most of us have tried it before. Such as on @thecarousell! It's more of informal sale transaction.

If you think it's only a minority now, think again!
In 2016, Google reported that Southeast Asia’s e-commerce market will grow from $5.5 billion in 2015 to $88 million by 2025.

@thecarousell has raised between $70-80 million in its Series C funding!

Source: techcrunch.com/2017/10/27/car…
Globally, it's set to reach $20trillion by 2020! That's only 2 years away!!!

So how can you hop onto the wagon as an #Entrepreneur and make your #fortune?

Let's find out!
It's as easy as setting up a @Shopify website where you can sell your goods! And if you worry about sourcing products to sell, how about making them yourself? For #DIY #Entrepreneurs, websites like @Etsy can help you sell your craft.

For services, use @Patreon!
To recap our poll, most of you feel physical brick and mortar shops will not be replaced with #ecommerce.

I agree. There is something about shopping and doing it physically that just brightens one's day.
But grocery #ecommerce is fast growing in Malaysia as well as elsewhere.

Listen to our podcast to find out more about Pasartap which brings the freshest of produce to your doorstep. It's nothing like your conventional grocery delivery service!

Perhaps we should look at this from a different #perspective.

#Ecommerce will never truly and fully replace physical stores. Perhaps it will merely complement and enhance our #shopping experience.

And isn't that what #tech is all about after all? What do you think?
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