ISSUE 2 JUNE, 2024 A publication by Kenya Export Promotion &
Branding Agency
EMERGING TRENDS
Embrace e-commerce for your business prosperity
kenya - Japan Trade Brief As we are all aware, e-commerce, or electronic commerce, has increasingly become important in today’s business landscape due to several key reasons shared below. The recent coronavirus pandemic helped to paint a clear picture that those who embraced technology remained afloat and even flourished, while those that didn’t either stagnated or were wiped out altogether. Very importantly, e-commerce gives you a global reach. E-commerce allows businesses to reach a global audience without geographical limitations. This expands market potential and enables
even small businesses to compete on a global scale. Unlike traditional brick-and-mortar stores with fixed operating hours, e-commerce platforms are accessible 24/7. Your current or potential customers can browse, shop, and make purchases at their convenience, leading to increased sales opportunities. Additionally, setting up and maintaining an e-commerce website is generally more cost-effective than establishing a physical store. E-commerce eliminates costs associated with renting/buying physical space, utilities, and staffing.
International Trade Centre SME Trade Academy
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CBI is the Centre for the Promotion of Imports from developing countries
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