Electronic commerce or e-commerce, is the trading or facilitation of trading in products or services using computer networks, such as the Internet. E-commerce businesses may employ some or all of the following: Online shopping web sites for retail sales direct to consumers Providing or participating in online marketplaces, which process third-party business-to-consumer or consumer-to-consumer sales. The U.S. Gets Physical In the U.S. market, eMarketer predicts that mobile devices will account for 22% of all e-commerce sales and mobile will influence 1 trillion retail transactions. That influence extends far past just making a purchase. Buyers are researching products, checking availability, and finding locations from their mobile device before committing to buy. The Mexican e-commerce market is as strong as ever, and consumers are looking for more flexibility in how they shop. In Canada, the e-commerce market is a lot like that of the U.S., but key differences make it stand apart. The growth rate for online retail has hovered at around 17% a year — which is quite high — with the U.S. and U.K. both seeing about 14% growth. Asia’s Huge Potential Looking at APAC as a single market is a daunting task. To better understand overall trends, let’s focus on the big three: China, India, and Japan. A Chinese buyer may not be getting online to make a large number of purchases every year, but according to eMarketer, just over 35% of the population will make at least one purchase digitally this year. That’s 407.6 million shoppers or double the United States’ digital market. Similarly, the Indian market is experiencing a shift to digital purchases across it’s large population. This truely is an exciting era in economic growth and material opportunities! https://unitedsocieties.net/e-commerce/