USA Online Retail Spending Forecast
Why Retail?
  • Retail sales worldwide, including both in-store and online purchases, are predicted to reach $22.492 trillion this year.
  • The global retail market will see steady growth over the next few years. In 2018, worldwide retail sales will increase by 5.5% to reach $28.300 trillion.
  • Retailers are expected to adapt the digital retail market soon and make room for more payment options.
  • Retailers need to support m-commerce while implementing better data collection methods for understanding the market trends and user behavior.

Last year, online retail was evaluated over $65 billion, up 26% over the prior year. That doesn’t include auctions and travel, which take the number over $100 billion.

-DAN HESS

CHALLENGES

Embracing E-commerce

The increasing shift to e-commerce from brick and mortar stores

Lack of Innovation

Lack of innovation as concerns product management and inventory shifts

Logistical Inefficiency

Lack of efficient logistical systems so as to provide instant gratification to the online shopper

Sluggish On-Boarding

The need for rapid on-boarding and cataloguing of products

WHY US

Business Analytics Seamless UX Digital Infrastructure

We can develop key business analytics for addressing cataloguing and product placement concerns

Can provide seamless user experience with superior design for the reluctant online shopper

Can develop digital infrastructure to enable high quality marketplaces online for managing the shift to digital, be it apps or websites