Latest Ecommerce News
In the first quarter of 2020, online spending represented 16.2% of total retail sales according to the data released by the US Department of Commerce.
Ecommerce is gearing up for some significant changes in the way it works. The global commerce market predicts that by the end of 2020, ecommerce sales will make up 16% of all retail sales globally, a drastic change that has happened over only a number of recent years.
Brought about by the recent health crisis in the US and the rest of the world, ecommerce has taken a surprising turn in a direction most companies were not anticipating.
Internationally, governments are reporting a downfall in businesses and the economy. However, a lot of online businesses now have expanded their services from the local market to the global market space in an attempt to keep their businesses moving along.