Home > Apparel, Shoes & Textiles > Bricks, Clicks and Catalogs Create Synergies While Online Sales Growth Surges

Bricks, Clicks and Catalogs Create Synergies While Online Sales Growth Surges, Business and Industry Trends Analysis

The Coronavirus gave an immense growth spurt to ecommerce on a worldwide basis. Analysts at eMarketer estimated worldwide ecommerce sales of $5.9 trillion in 2022, up from $5.542 trillion in 2021 and $4.2 trillion in 2020. (These revenues include products or services ordered using the internet, regardless of the method of payment or fulfillment, but exclude travel, event tickets, money transfers food services and gambling.)

Global online sales have been supported by very strong results at Amazon.com, partly due to its competitive pricing, expansion of merchandise categories and free shipping for more than 150 million members of its “Prime” service, along with convenience of use.

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