The Future of Retail will continue to be impacted by eCommerce.
New technologies and innovations are continuously changing and exponentially improving the user experience and safety which, which will drive continuous eCommerce growth. When we compare what brands were doing online just five years ago and the ways consumers were interacting with them, the world of eCommerce has evolved dramatically and will continue to do-so.
By the end of 2018, global eCommerce sales will reach around US$2.8 trillion and in 2021 they will hit US$4.5 trillion – big numbers alright, but it’s the 170% overall growth in just three years that is the biggest. Whether you’re a big or small business, managing your online presence is only going to become more critical. Your web site will continue to become your most important branding asset.
With eCommerce evolving at such a rapid pace, it can be hard for brand owners, marketers and managers to keep up with the latest trends. Our friends at Subscriptionly, keep a close eye on all things related to online sales and have shared a bunch of compelling numbers and trends to get you ready for the future of eCommerce.
For more of this kind of information on online trends and statistics, visit; Subscriptionly