ECommerce has been called "the great equalizer" and with good reason: nearly 3 billion people have access to the internet, with another 3 to 4 billion expected to be online by 2020. Moreover, it's global: increased shipping speeds, ease of payment, lower overhead, and competitive pricing have led consumers and retailers to start buying and selling across international borders. In a late 2015 online survey, Forbes found that "57% of respondents in 24 countries in six continents had shopped from an overseas site in the last six months, with some country numbers well into the seventies."
This infographic from Invesp reveals some fascinating facts about the $2 trillion eCommerce game, including the habits of those who shop online and the top ten countries in eCommerce retail sales.
You might be surprised to find that the United States isn't in the #1 spot... it's not even in the top 5.
Take a look.
(Infographic by Invesp Consulting)
Click here to register to connect with 1,800+ global business leaders at GetGlobal Conference 2017.