How eCommerce Businesses Can Boost Mobile App Engagement Rates
Posted: Wed Dec 11, 2024 6:10 am
Guest Author
April 30, 2021
E-Commerce,
sell
If you say e-commerce
is growing, it would be an understatement. It is booming and any sector that comes close to e-commerce in terms of growth is growing every year.
The global retail e-commerce market is expected to reach $6.54 trillion by 2023. In 2014, the market was valued at $1.33 trillion and is expected to grow 2-fold in the next decade.
There are several factors that are contributing to the growth of the e-commerce industry. Fundamental factors include the increasing penetration of the internet and the rise in digitization. Rising technological awareness across the globe has led to exponential growth in e-commerce retail sales. Seasonal factors such as the COVID-19 pandemic have also played a major role in supporting the industry.
myriam-jessier-eveI7MOcSmw-unsplash
Over the years, several trends have transformed the e-commerce industry, such as express shipping, seamless returns, social commerce, and more. Another trend that has been around for a while now and continues to transform the e-commerce sector is mobile shopping.
We discuss the rise of mobile commerce and how e-commerce companies can adapt to this changing market landscape.
April 30, 2021
E-Commerce,
sell
If you say e-commerce
is growing, it would be an understatement. It is booming and any sector that comes close to e-commerce in terms of growth is growing every year.
The global retail e-commerce market is expected to reach $6.54 trillion by 2023. In 2014, the market was valued at $1.33 trillion and is expected to grow 2-fold in the next decade.
There are several factors that are contributing to the growth of the e-commerce industry. Fundamental factors include the increasing penetration of the internet and the rise in digitization. Rising technological awareness across the globe has led to exponential growth in e-commerce retail sales. Seasonal factors such as the COVID-19 pandemic have also played a major role in supporting the industry.
myriam-jessier-eveI7MOcSmw-unsplash
Over the years, several trends have transformed the e-commerce industry, such as express shipping, seamless returns, social commerce, and more. Another trend that has been around for a while now and continues to transform the e-commerce sector is mobile shopping.
We discuss the rise of mobile commerce and how e-commerce companies can adapt to this changing market landscape.