What is the role of an e-commerce platform in retail strategy? 🔊
The role of an **e-commerce platform** in retail strategy is pivotal in enabling online transactions and facilitating digital sales channels. These platforms provide essential features like product catalogs, shopping carts, payment gateways, and customer management tools. By integrating e-commerce into a retail strategy, businesses can expand their market reach, enhance customer engagement, and streamline operations, ultimately driving sales growth and improving customer experience.
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