Ecommerce on the Rise
It’s predicted that worldwide ecommerce will reach $5 trillion by 2021 according to eMarketer.
To stay ahead of the curve, many business owners are taking their businesses online — not only by having a website but by selling their products and services directly through their website and other ecommerce platforms.
The latest ecommerce statistics highlight the fact that online shopping behavior is changing and that customer preferences are driving ecommerce growth:
Ecommerce sales are projected to reach 17.5% of retail sales by 2021.
Some 21.8% of the world’s population shops online. If you’re not selling online, you’re missing out on the opportunity to convert a massive pool of potential buyers.
According to Forrester, U.S. B2B ecommerce will reach $1.8 trillion by 2023.
Seventy-three percent of shoppers use multiple channels — including Google, social media, and email — to do their shopping.
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