Changing E-commerce Landscape: 8 Global Trends for 2019
In the present time, Amazon, Alibaba, Walmart, and eBay are controlling the market more than ever in the past. But it's not the case that the companies dominating now will keep dominating in the future. Small eCommerce companies can keep a close eye on the latest eCommerce trends just to first sustain and then, to stay ahead in the competition. But before that, letu2019s have a quick look at the Stats and facts on eCommerce: eCommerce is only around 5 percent of omnichannel spending, but it is accountable for 40 percent of its overall growth. (Nielsen) Around 72% of eCommerce will happen on a mobile phone by 2021. (Statista) 87% of shoppers today use eCommerce reviews to decide whether to purchase, and 77% of those shoppers buy online. (Business.com) Online sales will reach 4135 million dollars in 2020 and it will exceed 4878 million. (Statista) It is quite true that the future of eCommerce is uncertain. Several trends help us to understand this fact. Letu2019s take a dive into all these latest eCommerce trends one by one.
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