The E-commerce industry is flourishing its roots with higher pace; as a result, most of the local producers and entrepreneurs are also interested to bring their business to the online world. But, opening an online store with current e-commerce platforms is not an easy task especially for small scale business, entrepreneurs and producers. Here in this article, we are talking about the key challenges faced by local retailers to bring their business to the online platform.


• Funds problems



It is a little difficult for small scale business to raise funds. They apply for loans from financial institutions and banks which take a lot of time to approve their loan request. It will take days to clear the funds for applicants. This become one of the reasons why local retailers unable to place their products to the online shopping platform.




• Competition



In the e-commerce platform, the competition is very high because numbers of big brands have already holds this market. In such a competitive scenario, it becomes a tedious task for small retailers to build good brand value of their business.




• Incompetent sales pitch



When you are in online business, your sales will depend on various factors that include an attractive display of your product images, customer feedbacks, and sales pitch. The local retailers have a good range of products supply but they are unable to represent it efficiently at an online store platform that directly impacts their sale. Poor representation is somewhere responsible for limit their product sales.




• Lack of product localization



If you want to introduce your business in the international market then you need to describe your product in different spoken languages that will advertise your product in the local market of other countries. But, small businesses ignore to localize their products on the online stores that ultimately hamper their sales in the international markets.




• Poor customer support



Customer support is a key element in generating business revenue by increasing repeat sales. When customers face any issues they required an instant solution for their queries and absence of customer support services will leave negative reputation for any business. This problem mainly arises with small businesses as they do not have a customer support system which creates a barrier in their online business expansion.




• Expensive transaction fees



The high transaction fee in the online platform is another obstacle faced by small business owners. For setting an online store they required huge capital amount as well as also need to manage the expensive transaction fees charged by banks and other payment gateways like PayPal. In short, all these factors restrict the growth of business revenue.




Aussie Digital- Bring the solution with its crypto-based Tradezy E-Commerce Platform



Aussie Digital is coming up with its new e-commerce platform named as Tradezy. It is a crypto-based platform created on the latest blockchain technology and enables small scale retailers to bring their business online without breaking banks.




This platform has been designed with the aim of introducing the local and regional producers to the national and international market. With Tradezy e-commerce platform, Aussie Digital is planning to remove all the challenges faced by small businesses while promoting their business in the online world.



Besides this, the platform will have its own cryptocurrency –AUDcoin through which retailers can enjoy the various benefits of the platform at highly affordable and discounted prices.




If you want to read more information about Aussie Digital services or Tradezy platform then read its official white paper.