How Resisting The E-Commerce Boom Can Prove Costly For Businesses

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Many businesses, including many countries, are yet to capitalize on the e-commerce boom. They are yet to even figure on the e-commerce radar. As sales numbers are close to crossing $370 billion by 2017, and as the reach of the Internet increases, so will a rise in patron base. Brick and mortar still has the lion’s share of retail, with more than $20 trillion in sales during 2014. The corresponding figure for e-commerce is $1.3 trillion. But e-commerce is slowly but surely getting a larger slice of the pie, which is an indication of things to come. Overlooking this trend can prove costly for businesses.

How resisting the ecommerce boom can prove costly for businesses

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Author : Nayab Naseer Date : 29 Feb 2016