{"id":479,"date":"2021-09-30T09:59:57","date_gmt":"2021-09-30T09:59:57","guid":{"rendered":"https:\/\/digitalcoinprice.com\/blog\/?p=479"},"modified":"2021-09-30T10:40:22","modified_gmt":"2021-09-30T10:40:22","slug":"dropshipping-made-easy-as-reddocoin-solution","status":"publish","type":"post","link":"https:\/\/digitalcoinprice.com\/blog\/dropshipping-made-easy-as-reddocoin-solution","title":{"rendered":"Dropshipping Made Easy as Reddocoin Introduces On-Chain Based Solution"},"content":{"rendered":"

Reddocoin proudly announces its cutting-edge dropshipping solution that is built to improve the way dropshipping businesses operate and also simplify global eCommerce processes as a whole.\u00a0<\/span><\/p>\n

The global eCommerce space was valued at $4.28 trillion in 2020, with further projections estimating a rise to $5.4 trillion in 2022. This is a testament to how far online shopping has come and how it has become the new normal, especially since the unforeseen outbreak of the Covid-19 pandemic.<\/span><\/p>\n

As promising as the online retail marketplace seems, it is still plagued with certain challenges that continue to slow down the pace with which online retail could really take off.\u00a0<\/span><\/p>\n

 <\/p>\n

The Problem<\/b><\/h3>\n

Global eCommerce is fraught with lots of problems that both retailers and customers face on a daily basis. From setup to processing and delivery to end users, the space has a lot of things to work out.<\/span><\/p>\n

For retailers, the problems start with launching an online store. Creating an online store requires upfront investment relating to web hosting, and developer fees (for platforms developed from scratch). This can accumulate into substantial amounts for small-scale retailers who are still trying to find their feet in the eCommerce space.<\/span><\/p>\n

Aside from the startup cost, retailers also face the dilemma of picking the right product for the right market and audience type. This singular factor underlines the eventual success or failure of the business model. For a retailer that makes the right decision, things can come out good, otherwise, the initial effort and money spent would have been in futility.<\/span><\/p>\n

There is also the problem of finding customers. It is of no use having a good product and a quality store without buyers. All these have accumulated into a serious dilemma that every online retailer faces when launching an online store.<\/span><\/p>\n

On the part of customers, the major problem is how to ensure they are purchasing from a verified seller who guarantees quality products. Trust has become a major issue in online retail business. Issues relating to high transaction fees, multiple failed transactions and undelivered orders are also common.<\/span><\/p>\n

 <\/p>\n

Reddocoin\u2019s Solution and Approach<\/b><\/h4>\n

Reddocoin has designed an effective solution to these myriad challenges. The solution solves all of the challenges that retailers face and at the same time addresses all issues that customers might have. Through the Reddocoin ecosystem, Reddocoin is able to integrate blockchain technology, Artificial Intelligence and software development, to provide an elaborate solution to the persistent issues of eCommerce.<\/span><\/p>\n

First, Reddocoin uses advanced web crawling tools to help retailers search the web for the best-performing and most profitable products in their preferred product categories. This is a certain way to ensure that retailers are actually positioned at the center of their customers\u2019 needs. It also guarantees sales and investment\/reward cost-benefit analysis.<\/span><\/p>\n

Second, all retailers who are registered on the Reddocoin platform have exclusive rights to a free online web store. This is not just a storefront, because retailers have access to all the html codes and the backend of the platform. This makes it easy for users to set up conversions tracking, analytics and other equally important marketing tags.<\/span><\/p>\n

The third benefit that retailers directly get is an established marketplace. Holders of the\u00a0 Reddocoin tokens are able to make purchases from within the ecosystem. Retailers have a huge customer market to sell to from the very moment they get signed up to the reddocoin ecosystem.<\/span><\/p>\n

For Customers, reddocoin has designed a user-friendly interface. The interface simplifies process and personalizes all reddocoin users\u2019 online shopping experience. First, customer token holders have a large pool of verified and certified retailers to make purchase from. This way, issues around fake commodities and undelivered products are rectified.\u00a0<\/span><\/p>\n

Additionally, reddocoin removes the barriers around payment confirmation and transaction processing. Transactions and payment within the reddocoin ecosystem can be made using the \u2018Reddo\u2019 token – the official crypto token of the reddocoin ecosystem. By integrating blockchain technology, transactions can be carried out and confirmed faster, fastening the entire payment process.<\/span><\/p>\n

All of the activities described above are made possible through the Reddocoin dApp ecosystem. The software application serves two vital purposes. It is the marketplace for sellers and buyers, it also serves as a social community where all users can interact, relate and find common ground to pressing issues. Users can also make recommendations on how the reddocoin team can further improve services for all in the system.<\/span><\/p>\n

 <\/p>\n

Milestones<\/b><\/h4>\n

Currently, the Reddocoin project is drawing huge interest from retailers and shoppers alike. It already has clients from Europe and America aboard. One of these clients is <\/span>Shofex.com<\/b> – an online retail store in the United States of America. Further to this, Reddocoin has been able to raise an initial fund of <\/span>$500,000<\/b> through Crunchbase. The platform also recently passed the much coveted and highly rated <\/span>TechRate<\/b> checks for smart contract execution capabilities.<\/span><\/p>\n

 <\/p>\n

Tokenomics<\/b><\/h4>\n

The <\/span>Reddo <\/b>is the official utility token of the Reddocoin ecosystem. All transactions, payments and on-platform exchanges will be done using the reddo token. However, retailers have the option to integrate payment gateways as an added means of payment for products.<\/span><\/p>\n

 <\/p>\n

Reddocoin\u2019s ICO is Ongoing!<\/b><\/p>\n

Reddocoin has recently commenced the sales of its token to the entire public. To be a partaker of this ongoing process, you should check out the <\/span>official Reddocoin website<\/span><\/a> for more details. Price per token is currently at <\/span>$0.42<\/b>. Accepted payment options are <\/span>BNB<\/b> and <\/span>ETH<\/b>.<\/span><\/p>\n

 <\/p>\n

About Reddocoin<\/b><\/h4>\n

Reddocoin is an innovative blockchain project that aims to revolutionize the global eCommerce and dropshipping business. The Reddocoin team is made up of industry experts that cut across cryptocurrency, software development, and eCommerce. The goal of Reddocoin is to make online shopping easy for retailers and consumers everywhere in the world.<\/span><\/p>\n

 <\/p>\n

For more information about Reddocoin, you should check out the links below:<\/span><\/p>\n

Medium<\/span><\/a> | <\/span>Facebook<\/span><\/a> | <\/span>Twitter<\/span><\/a> | <\/span>Telegram<\/span><\/a> | <\/span>Reddit<\/span><\/a> | <\/span>Youtube<\/span><\/a> | <\/span>Linkedin<\/span><\/a> | <\/span>Website<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Reddocoin proudly announces its cutting-edge dropshipping solution that is built to improve the way dropshipping businesses operate and also simplify global eCommerce processes as a whole.\u00a0 The global eCommerce space was valued at $4.28 trillion in 2020, with further projections estimating a rise to $5.4 trillion in 2022. This is a testament to how far […]<\/p>\n","protected":false},"author":4,"featured_media":485,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-479","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-news-updates"],"_links":{"self":[{"href":"https:\/\/digitalcoinprice.com\/blog\/wp-json\/wp\/v2\/posts\/479","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digitalcoinprice.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digitalcoinprice.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/digitalcoinprice.com\/blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/digitalcoinprice.com\/blog\/wp-json\/wp\/v2\/comments?post=479"}],"version-history":[{"count":4,"href":"https:\/\/digitalcoinprice.com\/blog\/wp-json\/wp\/v2\/posts\/479\/revisions"}],"predecessor-version":[{"id":482,"href":"https:\/\/digitalcoinprice.com\/blog\/wp-json\/wp\/v2\/posts\/479\/revisions\/482"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digitalcoinprice.com\/blog\/wp-json\/wp\/v2\/media\/485"}],"wp:attachment":[{"href":"https:\/\/digitalcoinprice.com\/blog\/wp-json\/wp\/v2\/media?parent=479"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digitalcoinprice.com\/blog\/wp-json\/wp\/v2\/categories?post=479"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digitalcoinprice.com\/blog\/wp-json\/wp\/v2\/tags?post=479"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}