Even before anyone knew what COVID was, you probably noticed the frequency of online ads picked up day after day. Retailers and ecommerce businesses were, still are, and will continue to storm social media feeds and websites.
Why? Here are a few compelling statistics they simply cannot ignore, especially nowadays:
- The number of online shoppers across the globe has reached over 2.14 billion. That is up from 1.66 billion in 2016.
- Millennials spend around 6 hours per week shopping online.
- It is projected that eCommerce will account for more than 18% of worldwide retail by the end of 2020.