People far and wide are adapting to the "new normal" after the COVID-19 pandemic. For businesses across industries, this global event has necessitated a major digital shift. Consumer habits have changed along with stay-at-home orders, and a surge in ecommerce is here for the long-haul.
These changes are calling for a digital supply chain, and businesses will need to make adjustments in order to keep up. Learn more about it here: Covid-19 highlights the urgent need to digitise the supply chain.
The current economic landscape has also created prime opportunities for ecommerce entrepreneurs. As the world relies more heavily than ever on online platforms, ecommerce companies like Shopify are enjoying a boost in revenue and positive projections. Amazon recently unveiled a plan to take on 100,000 new hires - a clear sign that ecommerce can provide fertile ground for entrepreneurs. Read more here: The world is experiencing an eCommerce surge.
The coronavirus pandemic has created unprecedented challenges for businesses across the globe. But, as the dust settles, opportunities for growth and development have emerged. We're here to help you navigate this new normal with comprehensive tech services.
Contact our team to learn more.
One-third of respondents in a Klaviyo study say that they likely won't be regularly shopping in-person for non-grocery items for at least two months, if not longer.
In the same study, respondents recorded the following responses to the question: Will you buy again from online stores that you discovered during the COVID-19 pandemic?
47%
YES
45%
Maybe if I see something I need
8%
No
Last year, before the COVID-19 pandemic, 56% of overall retail growth was attributed to online sales, which totaled $600 billion.
As of late April, there's been a 146% growth in all online retail purchases.
73% of today's leading online retailers are offering sales to consumers.
The median discount among top online retailers is 40% off.
Free shipping is a main incentive for 90% of consumers.