Los Angeles based entrepreneur and real estate investor, Will Busta, is making waves in the world of e-commerce.as co-founder of Ascend Cap VenturesBasta, a leading e-commerce investment management and logistics company, is recognized by Forbes, Business Insider, and Maxim. In this article, we explore recent trends in e-commerce and gain insights from Busta on the future of e-commerce. ecom industry.
Current state of e-commerce
E-commerce has grown tremendously over the past few years, with giants like Amazon dominating the market. However, according to recent news, Amazon’s e-commerce sales seem to be on the decline. Slight decrease in Q1 2023. This could be an opportunity to explore the reasons behind this trend, its impact on e-commerce giants, and what this means for the broader e-commerce industry.
In addition to Amazon’s declining revenue, there are other notable developments in the e-commerce space. For example, Amazon Business is expanding its B2B e-commerce business. Recent reports It suggests that 50% of Amazon sellers plan to expand into new e-commerce platforms and global markets in 2023.
Will Basta’s Perspective on Ecommerce Trends
Basta believes these trends represent a shift in the e-commerce landscape.
“T.The slight drop in Amazon’s revenue may indicate consumers are exploring alternative platforms and sellers are diversifying their presence across multiple channels.“ Will says.
As for expanding Amazon Business into B2B e-commerce, Basta believes it’s a natural progression for the company.
“amazon has always aimed to provide customers with convenience and value. By expanding into the B2B space, we can reach new markets and offer businesses the same benefits we provide to individual consumers.“
As for new e-commerce platforms and merchants entering the market, Basta sees this as an opportunity for growth and innovation.
“By expanding their sales reach, sellers can access new customer bases, adapt to varying market conditions, and stay ahead of their competitors.“
Ascend CapVentures contribution to e-commerce
Ascend CapVentures actively contributes to the e-commerce industry by investing in promising start-ups and providing logistics solutions for online retailers. Through their company Ascend, founders Will Busta and Jeremy Leung have built an entire ecosystem from logistics to full-service stores and inventory management.
“T.Through Ascend CapVentures, we help entrepreneurs navigate the complexities of starting an online store. ” Basta explains. “From product sourcing to logistics, we provide comprehensive support so our customers can focus on growing their brands.”. We make your e-commerce store a fully automated investment.“
The Future of E-Commerce: Final Considerations
As e-commerce continues to evolve, experts agree it’s important for businesses to stay informed about emerging trends and adapt accordingly. Led by insights from industry experts like Will Basta and innovative companies like Ascend CapVentures, the future of e-commerce holds exciting opportunities for growth and success. there is no doubt about it.
When investing time or money in anything involving e-commerce, it is important to understand that there are variables such as market changes and best practices to consider when first entering. Basta recommends doing thorough research on the industry before entering. yourself.
“E.We do all the work for our clients, we handle the management, logistics and research aspects of Amazon and Walmart FBA store operations, but we still want people to know the market and understand what ecom is. We want you to“
Chart showing growth of Amazon market to $1 trillion (source: Bloomberg Intelligence Analyst)
Interested in learning more about e-commerce? Checkout This article on securing your e-com business.
