Regional e-commerce ties - leverage for the growth of small and medium-sized businesses
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- Digital
- 22:11 10/09/2023
DNHN - Regional connections on e-commerce platforms create favorable conditions for SME development, revenue growth, and production and business scale expansion.
Regional integration to foster the growth of the e-commerce market is a crucial aspect of constructing a larger and more sustainable e-market. E-commerce not only eliminates geographical and temporal limitations, but also enables businesses to reach customers with a variety of interests, behaviors, and habits.
Regional connections on e-commerce platforms create favorable conditions for SME development, revenue growth, and production and business scale expansion. This contributes to economic expansion.
In addition, regional integration in e-commerce offers consumers greater access to a variety of products and services, allowing them to make informed purchasing decisions. This also allows consumers to compare prices and quality, enabling them to make more informed purchasing choices.
In the past, when e-commerce had not yet been developed, consumers frequently had to shop at local brick-and-mortar stores, which made it difficult to find the desired product or service and resulted in higher prices. Transportation and distribution costs have increased the prices of both goods and services.
Regional links in e-commerce enable consumers to access more products from businesses in a variety of regions via digital platforms. Additionally, it facilitates price and quality comparisons.
Regional linkages combined with e-commerce promote sustainable economic development by maximizing the use of intra- and inter-regional resources. It helps reduce negative environmental impacts by lowering transportation and storage costs, thereby conserving resources for businesses and the economy as a whole.
To successfully create a larger e-commerce market through regional integration, relevant businesses and organizations must work closely together. Businesses need to actively participate in association activities, and improve competitiveness and innovation to meet market needs. Relevant organizations must assist businesses in networking and exchanging resources and knowledge.
Regional connections in e-commerce not only generate business opportunities but also provide substantial advantages to consumers and the environment. This is a crucial step in the development of a digital and sustainable economy.
P.V (t/h)
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