Global eCommerce grows to $26.7 trillion in the past year: What does this mean for your Shopify store?
Did you know, according to UN trade and development experts (UNCTAD), the share of retail sales saw a drastic rise from 16 percent to 20 percent in 2020? Yes, you read that right. Also, recently, UNCTAD revealed that B2C sales for the world’s top thirteen companies now stands at $2.9 trillion as of 2020. And this has a lot to do with the spread of the virus around us.
The eCommerce sector is seeing a constant boom ever since the pandemic started. The dangerous virus had put everything to a standstill, but when it came to shopping, people had nowhere to go except going digital. Also, with this, people felt a sense of security and safety for themselves.
Know the Stats
You must be willing to know the exact percentage of the spike in digital sales in different regions. Here are the statistics for you to know:
- So, within the same period, the increase in online transactions in the UK jumped from 15.8 percent to 23.3 percent.
- China saw a rise of nearly four percent as it rose from 20.7 percent to 24.9 percent.
- Also, the US stands at 14 percent from 11 percent.
- Furthermore, Singapore saw a major six percent spike as it is now at 11.7 percent.
- Similarly, online transactions in countries like Canada and Australia rose to nearly three percent as they are at 6.2 and 9.4 percent, respectively.
Shamika Sirimanne, UNCTAD’s director of technology and logistics, said, These statistics show the growing importance of online activities. She further added, “They also point to the need for countries, especially developing ones, to have such information as they rebuild their economies in the wake of the COVID-19 pandemic.”
How to manage these growing Shopify sales?
By now, you know why people are switching to online shopping rather than traditional shopping. Digital shopping gives customers a sense of safety with the surge in the cases. Also, it is way more convenient for them. Just tap on the products, move them to the cart, and place your order. Besides, the number of deals, offers, and flexibility of payments is the cherry on the top!
Source: UNCTAD, based on national statistics offices
When you give yourself the power of #1 CRM Salesforce, you are already halfway there. Manage your business processes in Salesforce and do your work without any hassle. But, for that, you need to have every data of your store synced to Salesforce. So, how will you do that?
You can connect your store with Salesforce using a Shopify-Salesforce connector app, like Shopify Made Easy.
Now, beautifully manage-
- Draft Orders
- Order Fulfillment, and more, from a single app.
Sync your Shopify store data to Salesforce in real-time with Shopify Made Easy. Also, you can manage all your eCommerce entities from one place, so there’s no room for confusion. Furthermore, this application was made while keeping the non-IT users in mind so anyone can use it easily.
We hope that you liked this interesting update. Do follow us on our Social media handles to stay updated with the latest developments in and around Shopify and Salesforce. Also, if you have any questions or doubts about Shopify Made Easy, schedule a demo call with our experts. Install the app from Salesforce AppExchange by Clicking here.