The pandemic has caused a global economic crisis, but shoppers don’t seem to be affected by it. Black Friday and Cyber Monday were a sure hit as online retailers generated a lot of revenue!
According to the National Retail Federation, Ecommerce revenue now represents 10.7% of U.S. retail sales. With 47% of eCommerce transactions, Globally, the online share of total retail sales is now 16.4%, with eCommerce accounting for more than three-quarters of overall retail growth.
See the top online retail trends of 2020–