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New studies projected that the worldwide retail eCommerce sales will reach a new high by 2021. Ecommerce businesses should anticipate a 265% growth rate, from $1.3 trillion in 2014 to $4.9 trillion in 2021. This shows a future of steady upward trend with no signs of decline.
But, what’s even more interesting is the global eCommerce sales have been steadily eating up the worldwide retail market. In fact, by 2021, it will account for 17.5% of the total global retail sales.
If you think about it, that portion is still a small chunk of the global retail sales. This means more opportunity for growth in the future. To capitalize on this eCommerce trend, physical stores must embrace infrastructures to bring their businesses from offline to online while online businesses must find new ways to further elevate their brands online.
Read More at beeketing.com/blog/future-ecommerce-2019/ © Beeketing Blog
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