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Why eCommerce is the future of Business…

eCommerce is a growing force in the modern economy. While the popularity of online shopping was growing prior to 2020, the recent pandemic accelerated that growth exponentially.

It is estimated that through 2020-2021, an additional $218.53 billion was added to eCommerce sales just in the United States due to the pandemic.

In 2021 alone, eCommerce sales by United States sellers reached a total of $870.78 billion.

This was a number that economists predicted would not be possible until 2023. In total, almost $4.9 trillion was spent worldwide on eCommerce in 2021.

eCommerce continues to prove to be a lucrative and vital part of the future economy, but sectors are already being impacted by the juggernaut differently.

By understanding the trends of today and seeing where they are headed, you can better prepare yourself and your business for future success in eCommerce.

Click here to read the full Entrepreneur Media article.


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