In a revealing presentation, Nancy Merritt, senior supervisor, international relationships, OpSec Safety, dives deep into the brand new e-commerce panorama born out of the worldwide occasions of 2020.
In her deal with, Merritt highlights notable modifications and upticks in social media, e-commerce spending conduct and important modifications affecting spending, which factors to a predicted $6.5 billon in e-commerce gross sales by 2023. In 2019, international third-party marketplaces like Amazon, eBay and Etsy accounted for 50 % of on-line retail gross sales, based on Merritt.
“As a result of persons are sheltered in place, have been house extra and are spending extra time on-line, it’s solely elevated that engagement, visibility and accessibility,” says Merritt. “Individuals are shopping for issues that they usually wouldn’t purchase on-line.”
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