The 5 Best eCommerce Platforms to Start an Online Store in 2019

The 5 Best eCommerce Platforms to Start an Online Store in 2019

Online Fashion and Luxury Industry: Growing at 6-8% a year, the online luxury goods industry is expected to reach €390 billion globally in sales by 2025. I have found several factors that help an eCommerce business grow online. The best eCommerce platforms to start an online business in 2019 #1. It is one of the most popular eCommerce platforms in the market. Pricing: Shopify offers 4 monthly packages starting at $9, $29, $79 and $299. The Bigcommerce website’s speed on mobile is not high. If you want to start any kind of multi-vendor stores such as a grocery multi-seller store, retail store, fashion store or a sports marketplace, YoKart is the ultimate choice. YoKart Pros: The platform is specifically designed to build an online multi-seller or multi-vendor marketplace. Magento Magento is a popular open source eCommerce platform launched in 2008. Pricing: Prestashop is totally free.

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The 5 Best eCommerce Platforms to Start an Online Store in 2019
The eCommerce industry is flourishing across the globe.

According to statistics from Statista, the number of digital buyers in 2017 was 1.66 billion and the number will rise to 2.14 billion by 2021.

eCommerce giants such as Amazon, Alibaba and eBay have changed the face of the eCommerce industry. Not only big brands but many small online eCommerce stores serving local towns and cities are also growing.

digital buyers in 2017 was 1.66 billion for Ecommerce Platforms

Image Source: Shopify

However, starting an eCommerce store is more than simply buying a domain and choosing a hosting partner. Picking the right business niche, technology platform, better customer service, and marketing strategies, all contribute significantly to the success of an online store.

In this post, I’ll share with you which business niche to start, how to choose the right technology partner, and the marketing strategies that will help your eCommerce store grow.

The eCommerce businesses that you can start in 2019-2020

Online Grocery Industry: In the USA, one-third of all shoppers are buying groceries online and by 2022, online grocery business in the USA is expected to be a $100 billion business. However, compared to other industries (apparel, homewares), the online penetration of the grocery industry is only 3-5%. So it shows the online grocery industry is still in its early stages and a viable business option.

Online Food Delivery Industry: The online food ordering and delivery trend is certainly overtaking the trend of the traditional phone ordering service. As per the stats shared on the CNBC website, online delivery is currently representing 43 percent of all delivery orders and investment firm Cowen is forecasting a massive 79 percent surge in the total U.S. food home delivery market over the next 5 years.

A comparison chart of the online food delivery market with the offline food delivery market.

Online Food Delivery Industry for Ecommerce Platforms

Image Source: Mckinsey

Online Travel Industry: With internet penetration growing around the world, the online travel market is touching new heights. According to a report published by Allied Market Research, the online travel market is expected to grow 11% in the next 3-4 years. Hotels and flights, online travel activities, and car rentals are just some online businesses that investors or aspiring entrepreneurs can consider to start.

Online Fashion and Luxury Industry: Growing at 6-8% a year, the online luxury goods industry is expected to reach €390 billion globally in sales by 2025. The growth of the fashion and luxury market is especially emerging in Asian countries. China is the fastest growing region in this market and India’s fashion and luxury market is expected to cross $30 billion by year-end.

Online Health and Wellness Industry: The multi-trillion dollar online health and wellness industry is providing a bundle of opportunities to earn money online. Nowadays, many people prefer to book an online consultation with their doctors and also like to buy supplementary and other health-related products online. So being an entrepreneur, investing in the online health and wellness industry seems to be a profitable business idea.

However, these business models are not the end of the world. There are many other business models that you can consider to start, like an online rental business, car booking website, or on-demand services marketplace. Choose your business niche with extreme caution as the dream of a successful eCommerce business begins with the choice of the right niche.

Factors that are contributing to the success of the eCommerce industry

In my study, I wanted to know the important factors that help a successful online eCommerce business. I have found several factors that help an eCommerce business grow online. I share the most important ones here:

Mobile Friendly Website and Apps: According to Statista, the number of mobile users worldwide is expected to exceed 5 billion by 2019. 72.9% of eCommerce sales will be made by mobile in 2021. These statistics are sufficient to explain the importance of mobile devices for an eCommerce business. Optimizing your website on mobile devices is not going to be enough; you need dedicated apps for your mobile users.

Mobile Friendly Website and Apps for Ecommerce Platforms

Multi-Channel Selling: The rise…

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