The Walmart Effect: How Online Shopping Has Transformed Retail - api
Verkkowalmart leveraged the company’s digital expertise and resources to help fuel their own growth in online retail.
Verkkoparticularly poignant, however, is the way it impacts how we purchase things.
And oversaw the rapid growth of their online sales, jumping 176% in three years.
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Latest research predicts that by 2020, online sales in the us will rise by 56% topping $523 billion in sales [2].
In addition, the digital consumer demands virtually instant gratification, being much less inclined to plan comprehensive shopping trips.
Ecommerce is rapidly growing, projected to finally break a 10% share of all retail sales annually in the us this year [1].
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