The absence of industry standards poses significant challenges to the growth and reliability of purchasing agent platforms and e-commerce platforms. These challenges manifest in various aspects, including customer trust, operational efficiency, and market competition.
Purchasing agent platforms, which facilitate the buying of products from overseas markets, face several issues due to the lack of standardized practices.
Similarly, e-commerce platforms are adversely affected by the lack of industry standards, which stifles innovation and consumer confidence.
To mitigate these issues, several strategies can be implemented by both purchasing agent and e-commerce platforms.