“10 years of ecommerce growth happened in just 90 days.” — McKinsey
How many products did you buy online in 2020? For sure, they were more than you expected to buy on this channel. But considering the COVID-19 situation, we bet you had no other option as you needed to protect the health of you and your family.
Due to this need for touch-free shopping, many businesses have migrated online, accelerating the growth of the large-scale ecommerce industry. Now, what can we expect from ecommerce in 2021, and what are the trends to look out for during this pandemic?
In this blog, we are going to highlight some of the ecommerce trends to be aware of in 2021, according to research by McKinsey, Statista, eMarketer, Global Web Index, Google, IBM, Deloitte, Accenture, Gartner, McKinsey, Forrester, Nielsen, and the World Trade Organization.
1. Ecommerce boom fuels record online competition
How fast-moving is the world right now? Just consider how quickly e-commerce has replaced physical channels in the space of only three months.
