The phrase e-Commerce is synonymous with online shopping and if this is what you are looking for then you're going to need a Mammoth.
We have three Mammoths to choose from, each offering the ability to get you online and trading as efficiently and effectively as possible.
Let's not forget the Social Media side of things - we have a Mammoth for that too.
Before you dive in choosing your Mammoth, we have some interesting e-commerce information for you below.
It may also be useful to read the following: Affiliate Website Guide
Wikipedia has a useful and somewhat informative timeline which makes for some very interesting reading.
Regardless of your thoughts, you almost certainly contributed to the Worldwide Retail Global E-commerce transactions that generate Trillions each year.
e-commerce
The COVID pandemic has shifted e-commerce in 2020, maybe more than any other time in history. Traditional retail sales have declined but e-commerce has seen a 129% year-over-year growth.
Most, if not all, brick and mortar stores have taken their businesses online to survive the pandemic.COVID has accelerated the e-commerce industry’s growth and more businesses are joining the e-commerce business revolution than ever before. Companies that previously embraced the e-commerce trend have already experienced expansion, in the midst of retail shrinking.
By the end of 2020, global e-commerce sales are expected to reach $4.2 trillion. Forbes.com
With all this drive in e-commerce, now is the right time to stake your claim for a slice of this lucrative sector.
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Sources:
Wikipedia.org
| Decade | Description |
|---|---|
| 1970s–1980s | Very basic systems of electronic commerce emerge. The use of new technologies electronic funds transfer (EFT) and electronic data interchange (EDI). Used by a relatively small amount of people. |
| 1980s–1990s | During this time period, ATM Machines and Credit cards laid down the foundation for the growing world of e-commerce. The Boston Computer Exchange and Minitel become among some of the first most notable e-commerce platforms in the world. |
| 1990s–2000s | The advent of the World Wide Web opened the door for many new e-commerce services to have a global scope. Services like Amazon.com and EBay were some of the most notable e-commerce websites to be released during this time period. |
| 2000s–2010s | Hundreds of e-commerce services emerge such as: |
| 2014 | US e-commerce and Online Retail sales projected to reach $294 billion, an increase of 12 percent over 2013 and 9% of all retail sales. Alibaba Group has the largest Initial public offering ever, worth $25 billion. |
| 2015 | Amazon.com accounts for more than half of all e-commerce growth, selling almost 500 Million SKU's in the US. |
| 2017 | Retail e-commerce sales across the world reaches $2.304 trillion, which was a 24.8 percent increase than previous year.
Global e-commerce transactions generate $29.267 trillion, including $25.516 trillion for business-to-business (B2B) transactions and $3.851 trillion for business-to-consumer (B2C) sales. |
LATEST UK E COMMERCE NEWS
UK Business Insider
- The UK government will launch a £500 million co-investment fund for startups struggling to survive COVID-19.
- Half that cash will be the government money issued via convertible notes, with the private sector expected to match funding on a deal-by-deal basis.
- Business Insider reported in March that startup backers were seeking up to £300 million in rescue funds for early-stage startups."
The UK's Online Retail Association
"First Month Under Lockdown Sends Online Clothing Sales Spiralling
15/04/2020
In a month where Spring buying would typically set in, online clothing sales were down -23.1% Year-on-Year (YoY), according to the latest IMRG Capgemini Online Retail Index, which tracks the online sales performance of over 200 retailers."
"Online sales growth for clothing was down -23.1% Year-on-Year (YoY) in March
- Overall growth was also down -5.1% YoY, however up +2.6% Month-on-Month (MoM)
- Despite a disappointing start to the year, March’s results still fell far below the 12-, 6- and 3-month rolling averages (+4.5%, +6.7% and -2.1% respectively)
- Last month saw multichannel retailers outperform online only for the first time since April 2019 – recording a dip of just -4.0% vs. -5.5% YoY"
