Online Entrepreneurs And Their Businesses Are Growing Rapidly (Infographic)
Making business online has become a sweet and lucrative occupation…
And it has been expanding really fast. Internet is one of the greatest things that has ever happened in our development as humans. It has changed the world forever. Our lives has changed, our habits, our thinking and we are different as a whole. And this is only the beginning. Still, less than 35% of the people on the Earth use the web regularly. The growth that is going to come will be huge! Even though, just a third of the population on our planet uses it, Internet is the thing that has created the biggest number of millionaires than anything else. It has been more and more accessible for entrepreneurs, because of lower start-up costs, ready to use open source software and the fact that you can do your online business from anywhere. Work from home and other types of remote jobs have never been more wanted, and also they have never been more accessible. Today everybody could start earning from the convenience of their own home and I am not talking just about affiliate marketing here. There are plenty of different jobs you could choose from. Here are just 10 of the best suggestions you could take advantage right away. And there are many hundreds more, actually sky is the limit.
In the following infographic, created by Ubotstudio, you can see some interesting statistics and forecasts about the future of e-commerce business. If you haven’t thought about starting an online business, I think, you should think again ;). There are, and will be great opportunities in this field… Why don’t you try to grasp one of them?
Online Entrepreneurs Are Booming
The future of e-commerce – a forecast by UbotStudio
Online Retail Trends
Online retail sales have become increasingly popular in recent years and are expected to continue to expand at a rapid pace. With advancements in technology, many consumers are choosing to shop online instead of in stores. According to Statista, global online retail sales grew by 22.2% year-over-year in 2020 and are projected to reach $4.9 trillion in 2021.
One of the main trends driving this growth is mobile shopping. The convenience of shopping from a mobile device has made the online shopping experience faster and more accessible for consumers everywhere. Mobile shopping accounts for 45% of all online sales, according to Statista, and this number will continue to increase as more retailers embrace mobile commerce solutions.
Another trend that’s on the rise is personalization. More retailers are offering personalized experiences for their customers by analyzing data collected from past purchases and search activity on their websites. This allows retailers to target relevant deals, products, and recommendations based on each customer’s individual interests, creating a more engaging shopping experience for the consumer.
Along with personalization, artificial intelligence (AI) has become an important tool for retailers looking to gain an advantage in the competitive e-commerce landscape. AI can be used to automate a variety of tasks related to pricing strategies, inventory management, and customer service, among others. To stay competitive in today’s market, many retailers are investing in AI technology to help optimize their operations and gain an edge over the competition.
Overall, online retail sales continue to grow rapidly due to trends such as mobile shopping, personalization, AI technology, and sustainability practices. As time goes on, these trends will become even more influential as retailers strive to maintain a competitive advantage in today’s digital landscape.
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