How to build and scale eCommerce businesses in the cloud

The retail industry faced significant challenges in 2020 due to the COVID-19 pandemic and remote working, with many businesses shifting to online shopping. Despite these challenges, eCommerce is predicted to continue its growth in 2021. To be successful, eCommerce startups must overcome various industry-specific challenges such as dynamic pricing, inventory management, high-dimensional data analysis, and shopping cart analysis. DigitalOcean has supported numerous eCommerce businesses with tools like Managed Databases, Kubernetes, and Droplets to power their growth. Key strategies for success in eCommerce include leveraging dynamic pricing tools, adopting an ERP solution early for inventory management, and utilizing data analysis to inform decision-making.