Retail vs. Ecommerce: A Complete Guide

Learn about retail & ecommerce including definitions, strategies and tips.

Disclaimer: *AI supported the writers and editors who created this article.

Retail and ecommerce FAQs

Retail ecommerce — also known as online retail and electronic commerce — is the buying and selling of goods and services through online platforms or websites. With ecommerce, shoppers can buy products directly from a retailer's website without visiting a physical store. Retail ecommerce has become increasingly popular in recent years because it's convenient and easy.

In the current digital landscape, an online presence is essential for brick-and-mortar businesses. Customers expect businesses to have a website or other online presence where they can browse products and make purchases. This can expand your customer reach and provide convenience for those who prefer to shop online. Additionally, having an online presence can help build brand awareness and credibility for your business.

There are several things retailers should look for in an online store platform.

1. An intuitive and easy-to-use interface is essential for both retailers and customers. This makes it easy for retailers to manage their online store and for customers to navigate and make purchases.

2. Customisation options allow you to tailor your online store to fit your brand's unique needs and aesthetic.

3. With the majority of online shopping now happening on mobile devices, it's crucial that the platform is optimised for mobile use.

4. Integration with payment gateways makes it easy for customers to make purchases.

5. Inventory management features allow retailers to keep track of their stock levels and automatically update when items are sold.

6. SEO optimisation features help your store rank higher in search engine results and attract more customers.

7. Security is a top priority. Look for a platform that offers SSL encryption and secure payment options.

8. Reliable customer support is essential for helping you with any technical issues or questions you may have.

9. As your business grows, your online store should be able to accommodate increased traffic and sales without any major disruptions.

10. Consider the cost of the platform and any additional fees for using certain features. Look for a platform that offers affordable pricing plans and fits within your budget.