THE FUTURE OF E-COMMERCE IN 2020
As every aspect of our lives getting digitized the future of e-commerce is also getting brighter; it is enormously made its way from desktop users to laptop users and now mobile users. Nowadays, excitement begins with e-commerce but brick and mortar stores still receive the huge share of the business. Hence, the future lies in the combination of online and offline stores. In 2019, global e-commerce sales earned about 3.5 trillion dollars worldwide which proves that e-commerce is growingly profitable option for businesses. It has been expected that Indian e-commerce market will hit$200 million by the year 2026. Nowadays, consumers don’t go for the products which everyone else is exploring rather they need something that grabs their attention or that has been customized for them only. FUTURE OF ECOMMERCE FOR RETAILERS 1. EMERGING MARKETPLACES WILL PLAY AN IMPORTANT ROLE Developing marketplaces like India, Russia, Brazil and South Africa are expected to play an enormous role in the fu