Try This on for Size: The Future of Retail is Social Commerce
StartupNation
FEBRUARY 22, 2021
In 2000, e-commerce primarily took place on individual websites. Today, it happens in marketplaces. In early 2020, Bank of America analyst Justin Post released an update on the latest e-commerce market share trends , and it indicates Amazon alone dominates the e-commerce market with 44% market share and growing. Tomorrow, however, companies want to drive sales from where users spend more of their timeāon Facebook, Instagram, or TikTok.
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