Electronic shopping was introduced back in 1979 when English inventor Michael Aldrich connected a modified TV to a transaction-processing computer via telephone line and opened the information systems for secure data transmission. This technology became the foundation on which the eCommerce as we know it was built.
Today, eCommerce is used on a daily basis and living without it seems just complicated and inconvenient. The new technologies and innovations are continuously changing and exponentially improving the user experience and safety which, on the other hand, results in staggering eCommerce growth.
In fact, by the end of 2018, the global eCommerce sales will reach approximately $2.8 trillion and in 2021 they will hit $4.5 trillion. With eCommerce evolving at a rapid pace, it can be hard to keep up with the latest trends. We here at Subscriptionly, keep a close eye on all things related to online sales and thought we’d share some 60 odd e-commerce stats and trends to get you ready for 2018/19.
We know that many people who are interested in detailed ecommerce trends are on the route to starting their own ecommerce business. Even though the facts show that consumers will spend more money on personalized products like subscription boxes, nearly any product can be sold online. Once you’ve decided what you’ll be selling, one of the next steps is looking into how to choose the best platform to create an online store. This choice might not be so simple, but you must make sure not to make a mistake—your platform is the backbone of your online store!