eCommerce sales grew by over 30 percent in 2020, driven by unprecedented consumer demand during the global pandemic. As stay at home orders shifted from weeks to months, many consumers were forced to adapt to shopping online, which has fueled tremendous growth in the sector.
Essentially, the indoctrination of more buyers into the online ecosystem has been accelerated due to the pandemic. From increased overall sales, to new opportunities in niches previously untapped by entrepreneurs, eCommerce this coming year will continue to move forward in ways that, pre-pandemic, would have seemed impossible.
And here's another article:
What Comes Next for Ecommerce and Digital Retail - Express Computer
The current pandemic situation has all but accelerated the adoption of many existing and new eCommerce trends – some of the top ones being digital payments, voice search, social commerce, and AR & VR.
Contactless payments have seen a significant uptick. As the transactions get full digital, we will start seeing transparency in those transactions with the help of blockchain, especially in the B2B space.
Kroger Debuts On List Of Top 10 US Ecommerce Companies
Prior to 2020, grocery shopping was one of the things people usually preferred to do in person, instead of online. However, the pandemic changed everything. In 2019, online grocery sales grew 22%, but in 2020 they are predicted to grow 40% because of the need to shop safely, and consumers’ increasing comfort with ecommerce. Kroger, a grocery retailer that has been out in front of the ecommerce story since the beginning of the pandemic in the U.S.
Shipwire Processes Record Peak Season Ecommerce Order Volumes
Record ecommerce order volumes have been a theme of 2020, driven in part by the limited access to retail establishments and ongoing shelter in place orders related to the global pandemic. These constraints, combined with existing growth trends in online retail, have contributed to a banner year for the ecommerce industry.
"Successful peak season order fulfillment is a challenge in any year, but this year took extraordinary coordination, strategic planning, and accurate forecasting with our clients to ensure we delivered on their expectations. I am extremely proud of our people and our systems, which combined to achieve impressive results," said Marcelo Wesseler, president of Shipwire and vice president of ecommerce services, Ingram Micro.
Quite a lot has been going on:
How Fiverr can help someone scale up their eCommerce business
Fiverr is an online marketplace to hire freelancers from around the world. It offers a platform where businesses and freelancers can gather to buy and sell their services, respectively. The website offers a variety of freelance services from writing, translation, marketing to logo designing, video editing, and programming.
How can Fiverr help you scale your eCommerce business, you ask? The answer to that lies in all the ingredients that go into making a successful eCommerce store. Think about it — what small pieces will lead to a business that will generate profit?
Ecommerce Isn't Replacing Retail | GlobeSt
With new lending caps and an increased affordable housing mandate, there could be less availability for large, market-rate deals.
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This IDC Infobrief, sponsored by essensys, unveils the evolution and expansion of the flexible office market and how some of the leading global brands are looking at critical components such as customer experience, security and brand.
It is expected that for 2021, 80% of the properties will likely have tax appeal merit. Discover how automation solutions could cut your contingency fees by up to 90% and save you thousands.
Ecommerce Merchants Brace for a Return Season Like No Other | Business Wire
" With record-breaking holiday sales, there is going to be a huge backlog of returns. This leads to unpredictability and longer refund times for consumers, which can quickly erode the trust they established with a brand," said Returnly founder and CEO, Eduardo Vilar.
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Methodology: Returnly's analysis captures return behavioral data of a random sample of 6 million online consumers ages 18+ in the U.S. across six ecommerce verticals: Apparel, Accessories, Footwear, Jewelry, Beauty and Electronics.
Taking Your eCommerce Site to the Next Level in 9 Simple Steps - ShinyShiny
So, while the pandemic has had some devastating consequences, it has also created some unmissable opportunities for entrepreneurs who were ready to adapt and explore the chances that they were given. In turn, an outstanding number of eCommerce businesses have launched over the past months, most of which are today thriving and developing.
Naturally, once the funds and sales are starting to come in, it is easier to start developing your brand even further. However, if you are still at the first steps and you are not sure how to grow your business further, you should consider the tips below! Independently on a budget, you can get started and begin working on expanding your business.
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