2020 was a terrible year in all aspects, we are going to focus on the economic aspect and especially in those small stores like those in shopping centers, that type of business was strongly affected by the pandemic, so retail sales entered the field negative, something not frequent in this type of business and we are going to talk about what could happen in the future with this type of business.
Only two types of businesses got rid of negative numbers in 2020, the food sector and the e-commerce business, the quarantine generated recession and losses, but despite that, electronic sales grew by 30%. This data changes the whole panorama of what we know about this 2020, now we must understand who were the beneficiaries? Will that number hold for the next few years? Is it time to open my e-business? And the most important question, are we witnessing the end of physical stores?
This is not something new, electronic sales have been generating profits for some time between 2017 and 2019, they shot up 40%, which represents about 3 billion dollars, another interesting fact is that at the beginning of 2020 it was estimated that about 3 billion people globally they had bought something electronically. So in 2020, as it grew by 30%, we are talking about 4 billion dollars and 500 million more people joining e-commerce.
We can say that at this time half of the world population uses some E-commerce platform, this brought huge profits for giants like Amazon, but the real protagonists were small online businesses, it is known that this year on the 2 dates emblematic purchases that are black friday and cyber monday, sales had an increase of more than 100% compared to the previous year.
Companies like clearbanc, which specialize in supporting small E-commerce companies, registered millionaire profits, if we talk about countries like China, at this moment it is estimated that 30% of all their purchases are made through E-commerce if the rest the world follows that trend, it is time for you to open your e-commerce so I give you this phrase "new habits for new times"
Thank's for read
Best regards. I think it's great to already know a trend in the market: food and digital era. Life changed and with it our habits. Thank you.
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thank's for read
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The pandemic indeed helped us know how important e-commerce is and now it is an habit and a work option for so many people.
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yes now it is something indispensable
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The internet has changed so many things and the pandemic sped up the rate of things. Soon, we will be having a world where everything will be internet-based.
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is it internet or nothing in the future
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I remember in 2018, a friend of mine started dropshipping and was doing well but with the pandemic, her income rose drastically. The world is changing and although we can say how long it will take for online shopping to keep pace, there is a certain thing, delivery will take a new shape soon. That might be the new habit for the next decade.
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you have a very intelligent friend , thank's for read
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