In 2020, direct-to-consumer (DTC) eCommerce sales continued their meteoric rise, representing 4.1 percent of total eCommerce retail, up from just 3.4 percent in 2018. Statista estimates that by the end of 2021, there will be a total of 2.14 billion global buyers shopping online. As more and more online retailers and DTC brands find success in the world …
In 2020, global retail eCommerce sales grew to an astonishing $4.28 trillion. While this growth may have been thanks in large part to social distancing and shutdowns, this growth isn’t likely to stop anytime too. As a matter of fact, e-retail sales are expected to reach $5.4 trillion in 2022. Worldwide, online shopping is one …
Those wondering whether the unprecedented levels of Christmastime eCommerce spending in 2020 were a fluke need only to look at the early reports coming out of the 2021 holiday shopping season to understand the future of peak season eCommerce shopping. eCommerce in 2021 continued the impressive online retail surge seen in 2020. While overall holiday …
Kits and subscriptions in the beauty and wellness industries are undeniably poised to see major growth in the coming years. Why is this? While 11 percent of female-identifying cosmetics consumers already subscribe to some kind of beauty box, another 40 percent say that they are interested in subscribing to some kind of beauty box. What’s more? Even these figures may rise …
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