Retail e-commerce revenues will grow to $4.88 trillion in 2021, according to Statista. As retailers adjust to this digital sales boom, online marketplaces are changing the way customers shop. Amazon alone accounts for 40% of online retail and 43% of e-commerce gains last year, according to Internet Retailer.
We emphasize that eCommerce is definitely the future for retail and has drastically increased because of COVID-19. … Nearly 250 million people shopped online for the first time in 2020, and the number of eCommerce buyers will only continue to rise in 2021, 2022 and eCommerce will continue to grow exponentially over the next five years.
Mumbai Media Studio creates innovative ecommerce websites. Our expertise is in Shopify, Magento and Woo Commerce