article thumbnail

Alibaba Supply Chain Exec Recommends Futureproofing with AI, Blockchain and Crowdsourcing

Retail TouchPoints

For 15 years he worked as a business and trade consultant for PwC , helping multinational corporations navigate the intricacies of customs, international trade and the global supply chain. Ecommerce became not just a ‘good-to-have’ channel, but a must-have channel for small businesses.

Supplies 286
article thumbnail

3 Ecommerce Logistics Trends that are Changing Retail Right Now

Retail TouchPoints

The same study suggests this trend is only expected to continue: by 2027, the global retail ecommerce market is projected to grow by 39% and surpass the $8 trillion mark. As ecommerce sales continue to grow, so does the focus on logistics, enabling retailers to meet the rising demand for shipping. trillion in 2024 to $1.57

Insiders

Sign Up for our Newsletter

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

article thumbnail

Dropshipping vs Ecommerce: The Ultimate Guide (2023)

Ecommerce Platforms

Dropshipping vs Ecommerce: How do you choose the right option for your business? However, before you can start making money as an ecommerce retailer, you’ll need to decide what type of business model you’re going to pursue. In general, the term “ecommerce” is most commonly used to refer to online retail stores.

article thumbnail

Use Coupang marketplace to enter the Korean ecommerce arena

Payoneer

You can rely on swift and reliable shipping services in Korea’s densely populated cities optimized for deliveries. The COVID-19 pandemic has further accelerated the growth of the retail ecommerce sector, making it an even more significant player in the country’s economy. billion by 2027. billion in 2023. Expected 44.16

article thumbnail

The Top Dropshipping Statistics to Know in 2023

Ecommerce Platforms

Dropshipping statistics can offer some useful insights into the world of online retail. This model has evolved from being relatively unknown in the ecommerce space to one of the most popular business models around. With dropshipping, you needn’t worry about storing products, shipping goods, or managing warehouses.