What the Future of Ecommerce Looks Like for Online Retailers
As we slowly emerge from the global wreckage of COVID-19 and stagger our way back toward a normal life, we’re starting to see that the pandemic didn’t stop everything.
Though uptown retailers were forced to shut up shop and customers were encouraged to stay at home, online retailers found themselves busier than ever.
In just six months, during COVID, the ecommerce industry achieved more than five years of predicted growth.
Buying items from the comfort of your own home has become part of our “new normal.” So much so, that by the end of 2022, income from online sales is expected to reach over $6.5 billion.
“While shoppers are returning to brick and mortar, their ecommerce habits are set. Experts predict worldwide retail ecommerce sales will soar to just over 8 trillion dollars by 2026.” (The Future of Commerce, “Ecommerce Trends 2023: Top 15 Stats + Aspects Shaping Online Shopping”)