In the fast-paced world of digital commerce, technological advancements and evolving consumer behaviors are reshaping how businesses operate and compete.
From online platforms and mobile commerce to cloud-based ecosystems, companies must continuously adapt to remain relevant.
This report highlights key insights gathered by the team here at Simply Commerce through surveys and industry discussions, focusing on the challenges businesses face and the opportunities for growth.
Key Takeaways:
- Increasing Profitability: Nearly 50% of businesses are struggling with competitive pressures and economic uncertainty.
- Market Conditions: Over a third of respondents highlighted external market dynamics like economic shifts and regulatory changes impacting operations.
- Technology Adoption: 19.3% find it challenging to keep up with technological advancements and maintain a competitive edge.
- Talent Acquisition: Hiring skilled professionals is a major hurdle for 22.9% of businesses seeking growth and innovation.
For deeper insights and strategies to navigate these challenges, download the full report below:
