E-commerce is one of the most rapidly increasing business models in the world. How is that? Let’s back up this claim with some facts. In an estimated global population of 7.7 billion, 25% of this whopping figure shop online. This exponential rise in trend will hit the enormous 2.14 billion mark of the world population by 2021. Amazing! Yet another interesting fact is that e-Commerce sales would amount to 13.7 percent of the total retail sales across the world in 2019. Tracking the growth trends, e-Commerce sales will occupy a whopping 17.5 percent of the worldwide retail sales by 2021. These figures are good enough to support our claim of the fastest growing business model today and the years to come. But today, we are not here to discuss the rising importance of the ...
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