In the electronic world and “iEra” it’s wise to say: those who don't go with the times, disappear sooner or later. Thus, innovations play a strategic role in the development of every successful business. As for the retail industry, it’s vitally important to display the online presence and turn business website into a sales machine as soon as possible. According to Forrester Research, 192 million U.S. consumers only will shop online in 2016.
How much should a business owner spend in order to strengthen his competitive position, establish reciprocal communication with customers, promote goods and services and enhance revenue with the help of an online retail portal? As a general rule, the budget needed to set up your retail portal will highly depend on the functionality and additional capabilities of your website.There are some common categories that help determine how much it will cost to start up your retail portal:
- The quantity of data you need to post on the website;
- The number of pages your web-developer has to create;
- Preferable design and its complexity;
- Special solut...