5ways - EVOLVING ECOMMERCE OPPORTUNITIES

EVOLVING ECOMMERCE OPPORTUNITIES

In May this year, the UN Conference on Trade and Development (UNCTAD) released a report.  It showed e-commerce’s share of the global retail trade grew from 14% in 2019 to 17% in 2020. The e-commerce explosion also saw the coming-of-age of the online marketplace. The unprecedented circumstances triggered by the pandemic were tailor-made for platforms where vendors and consumers could be brought together.

Advancements in computer and mobile technology are no longer only the preserve of wealthier consumers.  So it is beholden on online marketplaces and e-tailers to ensure their platforms keep up with the latest digital trends.

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