Generation Z, also known as the post-millennial generation, is currently entering the workforce. Some trend that are predicted for this generation include a focus on technology and digital skills, an emphasis on flexibility and work-life balance, an interest in entrepreneurship and start-ups, and a desire for purpose and social impact in their careers. Additionally, Gen Z is diverse, inclusive, and socially conscious, so companies and organizations will need to adapt to meet their expectations and values. main needs related to the fact that this segment would like to control its life and its everyday activity.
This is the reason why these young people choose to be freelancers and/ or to start their own E-commerce business
Why E – commerce ?
- The E-Commerce Is Growing and super evolving market
The e-commerce business has evolved significantly over the past few decades. In the early days of e-commerce, businesses primarily used the internet to sell products through online marketplaces such as Amazon and eBay. These marketplaces provided a platform for small and medium-sized businesses to sell their products to a wider audience. In the late 2000s and early 2010s, businesses started to create their own websites and online stores, which allowed them to have more control over the customer experience and to build their own brand.
In recent years, mobile commerce has grown significantly, with more and more consumers using their smartphones to browse and make purchases online. This has led to the rise of mobile-friendly e-commerce websites and apps.
Social media platforms such as Facebook, Instagram, and TikTok have also introduced features that allow businesses to sell their products directly through these platforms, making it easier for businesses to reach and engage with their target audience.
Another recent trend is the rise of the subscription-based model, where customers pay a recurring fee for a service or product, such as streaming services like Netflix and Spotify, or products delivered on a regular schedule like Birchbox.
In the future, technologies like artificial intelligence, virtual and augmented reality, and blockchain are expected to further transform the e-commerce industry, offering new opportunities for businesses and consumers alike.
Following the impacts of the pandemic and specific lockdown restrictions that left us all isolated at home, online shopping has become a means of convenience for consumers.
And even after the pandemic, the new demand for heightened convenience is here to stay. We can expect enormous growth for the e-commerce market in the coming years, which makes this business venture a smart move for any entrepreneur.
2. Low development Costs
While you will need to spend a bit of money on products, packaging, branding, website building, and marketing, the costs associated with e-commerce businesses are exceptionally low. Other small costs you can anticipate are courier services. Anyone who has a good idea can start his own business. No need to raise money.
3. Tax Benefits
While startup costs will be low, you’ll also be entitled to a few tax benefits. Not only will you be able to avoid numerous overhead costs like furniture, computers, and even utility bills, but you’ll also be able to minimize your tax liabilities as a business owner.
4. Affordable Marketing
With e-commerce, your marketing costs will be minimal as well. You won’t need to opt for any costly traditional marketing tactics like billboards and magazine ads. Instead, you can get your brand seen with digital marketing strategies. Digital marketing methods are a lot more affordable. Moreover, you can also make use of social media marketing methods that are easy to learn on your own.
5. Easy way out…. To the international market
most of the products and services that are sold online are limitless – you can sell them anywhere anytime . for example – beauty and skincare, health and lifestyle, fashion and jewelry, kitchen items, homeware, childcare, pet products, and tech gadgets.