article thumbnail

Top Risks For Retail Businesses In 2021 (And in The Next Decade)

Retail TouchPoints

With the adoption of e-commerce on the rise, brick and mortar retail businesses face increased risks of having to shut down. Indeed, Statista predicts ecommerce revenue to reach $563.4 million by 2025, up from $431.6 The shopping behemoth accounts for over half the ecommerce market on its own.

eCommerce 306
article thumbnail

What retailers can learn from the 2021 holiday shopping season

Kibo

An earlier-than-usual promotional push from retailers contributed to this, as did supply chain worries which prompted both retailers and consumers to kick off the holiday shopping season earlier than ever before. Ecommerce drove seasonal growth, even for traditional retailers. billion by 2025. from 2019 to 2027.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Top CBD Ecommerce Trends to Tap into the CBD Market

Omnisend

Consequently, CBD sellers need to boast strong direct-to-consumer skills and marketing strategies, and connect with consumers to offer in-depth knowledge about CBD to enhance sales. These transactions, via online retail stores, are known as CBD ecommerce. The Top CBD Ecommerce Trends. Final Verdict.

article thumbnail

ecommerce in Nigeria – tips for success

Payoneer

Nigeria’s ecommerce market is rapidly growing and is projected to generate a revenue of US$7,627 million by the end of 2023, making it the 39th largest ecommerce market globally. With a compound annual growth rate of 11.3% (2023-2027), the market is expected to reach a volume of US$11,707 million by 2027.

article thumbnail

15 ecommerce statistics every entrepreneur must know

Omnisend

The ecommerce landscape is constantly changing, and it can be tough to keep up with the latest trends in the industry. However, by understanding the latest ecommerce statistics, you can ensure that your ecommerce marketing strategy is on track and making the most impact. General ecommerce statistics.

article thumbnail

31 Facts About eCommerce That’ll Keep You Up At Night

Creating a Website Today

When you think about e-commerce, you probably picture a store online that is constantly promoting new deals, products, services, and so forth. eCommerce involves a lot more strategy from a marketer’s point of view. By 2025 mobile eCommerce global sales will reach $728.28 from Pinterest, $2.08

article thumbnail

2023 Ecommerce Fulfillment Statistics: What the Data Tells Us

Ecommerce Platforms

In a world of instant gratification, same-day delivery, and evolving consumer expectations, ecommerce retailers can’t afford to underestimate the power of rapid Fulfilment. Currently, the global ecommerce market is expected to reach a value of around $58.74 Around 23% of all online sales are fulfilled using dropshippers.