In 2014, global eCommerce sales totaled around $1.3 trillion. Today, they’re worth an estimated $2.8 trillion and by 2021, sales are predicted to total $4.5 trillion.
This dramatic and consistent growth is largely being driven by customer demand and changing shopping habits. Almost two thirds of US shoppers with internet access now buy products in an online marketplace at least once a month, and the number of people who regularly make use of eCommerce sites is constantly increasing. Obviously, eCommerce presents a momentous opportunity for small, medium and large businesses.
If you run a business from a physical location, and are looking for ways to expand your customer base, or if you’re looking to start a small business with limitless geographical reach, an online store could be just what you’re looking for. Come and join a discussion with business owners who are currently involved with eCommerce.