Online Shopping and E-Commerce Thrive In Sri Lanka

Published On September 5, 2017 | By Janet Henricks | E - Commerce

For years, the world of eCommerce has been growing at an incredible pace. In the nation of Sri Lanka, the development and growth of the commerce industry online has been absolutely incredible. While normal retail and shopping experiences continue to drop and dwindle, the online world continues to grow at such telling speeds. The reasons why, too, are relatively simple.

  • For one, who has time to go and visit a store today? We are all so busy with life in general that it can be hard to find the time after work. When we aren’t working, we want to do something fun – not shop!
  • Thanks to that, the power of online ordering, shopping and delivery allows for people to make up for that time shortfall. Now, when you know you need a certain item or function, you can just order it online from sites such as Kapruka.
  • As the largest online retailer in Sri Lanka, Kapruka owns close to 70% of the market share and is the example of how powerful eCommerce in Sri Lanka has become.
  • Add in the incredible opportunities for doing everything from a price comparison to finding bulk deals that just do not exist locally, and it’s easy to see why people choose to do the majority of their shopping today online.

What Makes Online Commerce in Sri Lanka So Powerful

With the help of a smart and clear online presence that follows the aims of simplicity, user-friendliness and authenticity, companies can see huge growth by moving into the thriving online shopping world. If you are a normal brick and mortar retail business that is looking for ways to expand and thrive, getting into the online world is by far and away he most realistic and lucrative opportunity open to you.

To make sure that you always have access to what you need, then, online shopping in Sri Lanka shows no signs of stopping. The demand is definitely there, as is the determination and the requirement to build something new and more impressive for all. Whatever it is that you sell; there is a good chance that you can sell it on the massive, ever-growing and evergreen Sri Lankan online market.

From running a simple eCommerce platform online to sell jewellery to building a website that sells wholesale goods to other businesses, being online gives you more visibility, more control and greater overall command of your financial future than was ever possible in the past.

As a nation that is witnessing massive and rapid growth, Sri Lanka is home to many technological advancements – and the people are picking them up at a rapid pace. As more people in the country turn to the internet and are happy to make their shopping trips in person only for local essentials, any business that can realistically sell online should be looking to tap into this lucrative market.

The options, and opportunities, are wider and more varied than they have ever been in the past. For both business and consumer in Sri Lanka, the chance for incredible and rapid growth and opportunity exists like never before.

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