McKinsey analysis, small and medium-size retailers (those with less than $5 billion in annual revenue) and brand manufacturers, such as consumer packaged goods and apparel companies, realize amuch smaller portion of revenuefrom e-commerce than large retailers with years of experience in the e-...
But, as many companies found out, expanding a business’ digital footprint or placing more emphasis on its online store didn’t guarantee profit. In what McKinsey refers to as“the e-commerce catch-22,”(link resides outside of ibm.com) many retailers with significant growth in ecommerce sa...
Sep 6, 2023 Industry Insights and Trends Global Ecommerce Statistics: Trends to Guide Your Store in 2025 Customer Experience Fashion Brand Storytelling Examples to Inspire You Mar 24, 2023 Growth strategies SEO Product Descriptions: 7 Tips To Optimize Your Product Pages for Search ...
One of the most obviouseCommerce trendsis that almost everyone shops online frequently. About 85.6% of people made an online purchase within the last month, while 8.8% did so in the past 1-3 months. Only 5.6% purchased within the last 3-6 months. ...
B2B Ecommerce Statistics Top B2B Ecommerce Trends for 2023 How to Determine if a Trend Makes Sense for You The Final Word FAQs About B2B Ecommerce Trends by BigCommerce Team As the business-to-business (B2B) industry continues to evolve, ecommerce has emerged as more than a nice to have ...
Daniel co-leads McKinsey’s digital growth efforts for the firm’s Telecommunication, Media and Technology Practice in Europe. He is deeply involved in turning new e-commerce innovations, such as social and live commerce, into profitable commercial capabilities for clients. ...
You’ve got inventory to order, staff to manage, and reputations to build (or maintain). But it’s key to stay updated with the latesteCommercetrends. What worked last year won’t always be the blueprint to making more sales this year. Customer preferences are constantly changing. This is...
It’s getting harder and harder for ecommerce brands to cut through the noise, and stay ahead of the competition. Research fromMcKinseyhighlights how brand loyalty may soon become a thing of the past, with 49% of Millennials and GenZ purchasing a new cosmetic brand in the last month, compar...
Sep 6, 2023 Industry Insights and Trends Global Ecommerce Statistics: Trends to Guide Your Store in 2025 Customer Experience Fashion Brand Storytelling Examples to Inspire You Mar 24, 2023 Growth strategies SEO Product Descriptions: 7 Tips To Optimize Your Product Pages for Search ...
The top ecommerce trends right now. The ecommerce market is growing incredibly fast every year. Its value and importance are more impressive.