EDUCATION IS CRITICAL. ACTION IS KEY.
Exploring eCommerce
Opportunities
Global e-commerce sales are projected to reach $6.8 trillion. Online shopping now accounts for 16.9% of total U.S. retail sales, with U.S. consumers spending over $5,381 online annually. As digital channels mature, mobile commerce and artificial intelligence continue to drive the future of online retail.
Global Sales
Worldwide B2C and B2B eCommerce sales are on track to exceed $7.4 trillion, with forecasts pointing to an $8 trillion industry by 2027.
U.S. Market
U.S. retail e-commerce sales generated $326.7 billion in the first quarter, continuing a steady year-over-year climb.
Market Leaders
Amazon dominates U.S. online sales with a 40.5% market share, followed by Walmart at 6.4%.
56%
of U.S. consumers begin their product searches directly on Amazon
23%
by 2027, 23% of retail purchases are expected to take place online
91%
make online purchases using their smartphone
34%
more than 34% of shoppers shop online at least once a week
BUILT FOR SPEED. BUILT FOR PROFITS.
eCommerce is a way of life
With nearly 295 million shoppers, representing over 85% of retail sales. Many of those products are purchased online from retailers like Amazon and Walmart. Both platforms offer reseller opportunities for entrepreneurs.
Over 60% of the products sold on Amazon are from independent resellers. These resellers, work from the comfort of their home and capitalize on major events and every day items.
