10Web, launched in October 2020, has over 26,000 paying customers and has created more than 1.2 million websites. The company uses AI to provide a complete ecosystem where AI acts as a co-pilot, assisting in marketing, sales, support, and development. This approach democratizes access to advanced technology, enabling anyone to have a top-tier website and a virtual team of AI assistants. The development of AI-powered eCommerce builders like 10Web is providing emerging creators and entrepreneurs with the tools needed to stay competitive in the crowded digital marketplace.
Key takeaways:
- The global eCommerce industry is projected to hit USD $57.22 trillion by 2032, growing at a CAGR of 15% during the forecast period 2023 to 2032, with Asia Pacific contributing more than 57% of revenue share in 2022.
- AI eCommerce centric companies are offering a 10X improvement on speed to market, with 10Web enabling customers to build a fully functional online shop in just 10 minutes using AI.
- 10Web uses AI to fully automate the creation, optimization, and management of online stores, providing emerging creators and entrepreneurs with agile tools to stay competitive in the digital marketplace.
- AI is reshaping the landscape of online entrepreneurship, and eCommerce companies like Shopify may look to acquire companies like 10Web that are bringing solutions 10x faster to their customer base, potentially causing major market disruptions.