In many ways, dropshipping is a business owner’s dream, because it allows you to build an online store and, at the same time, not to worry about keeping goods in stock, hefty upfront costs, fulfilling orders, etc. And the best part is that you get to be your own boss over the entire process. At […]
Americans are known for many things, but being big savers is not one of them. In January 2020, the personal saving rate in the US was 7.9%. In 1960, it was 10.4%. For decades, the voracious appetites of Americans for goods and services have been benefiting the economy. In fact, consumer spending is responsible for […]
Whenever social media websites go down due to technical issues, we start to panic. Facebook and Instagram are as necessary as the air we breathe. Let’s face it: Most of us use social media for fun, to kill time, or to post pictures from a fun vacation or a night out. But more and more […]
Online shopping has come a long way since its invention in 1979 by Michael Aldrich. In 2020, more and more shoppers are opting for this shopping method, as compared to conventional shopping, as statistics on online shopping vs in store shopping show. Here’s why: For starters, convenience is synonymous with online shopping and is perhaps […]
What is mobile commerce? Mcommerce for short, mobile commerce is the term used to summarize the world’s growing love for smartphones and online shopping. This buzzword is more than just a convenient phrase, however. It represents the movement that has been defining the general behavioral shift of consumers and changing business as we know it. […]
The rise of online businesses takes the number of online stores and sellers to an all-time high. Keeping up with the ecommerce statistics helps understand the intricacies of this quickly developing sphere. Running a successful business requires being at the top of your game in every way. Neglecting any area of your business can lead […]