Major retailers have realized that online shopping is not only the future—it’s the now. United States ecommerce sales accelerated from accounting for 15.5% of total retail sales in 2019 to 19.1% in 2020 and 2021. These numbers are increasing faster than ever before.   In 2020, over 2 billion people purchased goods or services online. Global ecommerce sales are expected to hit 5.5 trillion in...

Some say big businesses will always try to squeeze out smaller competitors in a bid to take over a particular market segment. You may just be concerned that a few big businesses seem to be winning every government bid in your target market, which reduces your potential revenue stream and shrinks your bottom line (and growth potential). But, we’re here to tell you that this perception of big...

Retail looks different nowadays. COVID-19 changed how customers shop and, in turn, how retailers do business. Ecommerce is expected to reach $1 trillion in 2022, a milestone originally expected in 2024. Experts predict ecommerce will account for 24% of retail sales by 2025, up from 11% in 2019.   Going forward, retailers that wish to stay on top need to prioritize the convenience customers have...