5. Emerging consumption models: The rapid development of new e- list of lithuania whatsapp phone numbers models such as live streaming has driven the release of online consumption demand. These new models not only attracted a large number of users, but also improved consumers' shopping satisfaction through innovative services and experiences.
6. The rise of cross-border e-commerce: The strong development momentum of cross-border e-commerce has promoted the interaction and cooperation of the global market. For example, the "Silk Road E-commerce" project has promoted the rapid growth of cross-border e-commerce in China and provided new development momentum for related enterprises.
In short, the rapid growth of online retail has led to an increase in the proportion of online sales year by year, mainly due to the combined effects of policy-driven, changes in consumer behavior, the development of mobile payments and financial technology, the stimulation of holidays and promotional activities, the rise of emerging consumption patterns, and the rise of cross-border e-commerce.
3. Technological Development
Again, the development of technology has brought endless possibilities to online retail, and online channels have provided companies with unlimited growth space and market opportunities.
The application of cutting-edge technologies such as artificial intelligence, big data, and blockchain has made the online shopping experience more personalized and intelligent. In addition, through e-commerce platforms, companies can easily expand into the global market, break through geographical restrictions, and reach more potential customers. If traditional retailers stick to offline stores, they will not only miss a lot of sales opportunities, but also face high operating costs and inventory pressure. On the contrary, companies with strong online businesses can use data analysis to conduct precision marketing, improve conversion rates and customer satisfaction, and thus achieve sustainable development. The main reasons why online channels provide companies with unlimited growth space and market opportunities include the following aspects:
1. Expanding market boundaries: Online channels break the geographical restrictions. Enterprises can reach potential customers around the world through the Internet. No matter where they are, as long as they are connected to the Internet, they can receive the company's promotional information. This not only greatly expands the market boundaries of enterprises, but also brings more business opportunities and development space for enterprises.
