6 min read
E-commerce sales accounted for 18.9% of total retail sales in 2022, they've been on the rise in 2023, and e-commerce sales are estimated to reach 23% by 2027. As a result, e-commerce businesses are growing, too, and traditional brick-and-mortar companies are creating more and more online sales channels to meet the demand for online purchasing. Growing online sales can provide a major boost to the bottom line. Plus, e-commerce companies are poised for future success and growth, as the online retail market continues to expand.
