E-commerce is rapidly changing; that’s why it’s so important to stay up to date with everything going on in this sector. Thankfully, we have many market trends that help us understand the current condition of online trade. One such report is GWI Report 2021. What does it tell us about e-commerce?
The first question we want to mention is the approach towards money. With covid-19, inflation, and war in Ukraine, people are more eager to save some money for the future. On the other hand, they are also trying to buy their personal needs and treat themselves, mostly for healing purposes.
Secondly, mobile commerce is on the rise. The number of Americans who do most of their home and grocery shopping through this channel has increased by 36% lately. Contactless payments are also getting traction. And finally, the authors of the report have noticed a surge in the BNPL model – again, that’s probably because people are looking for flexible payment options.
See E-commerce Germany News to find out more about this report.