Ecommerce Trends 2021 - What are the Ecommerce Trends for 2021?
Discover the upcoming Ecommerce Trends, what are the ecommerce trends for 2021, and what you need to do to be successful, using this Shopify’s first annual future of commerce report reveals five trends brands need to know in 2021.
There’s a shift happening in the world of commerce, and we’ve all felt it.
2020 has accelerated the industry by a decade, permanently altering the way entrepreneurs start,
run, and grow businesses, as well as how consumers choose to shop and pay. We’re on the brink of
a new era of commerce.
Consider this report your crystal ball into the future of this industry.
Commerce is more than a transaction; it’s an interaction. It’s a relationship between a business and
its customers. That’s why we pored over data from more than one million merchants on Shopify
and collected survey insights from consumers all over the world to get the full picture of
We’ve unlocked five key predictions based on the trends we’re seeing from our data. Spoiler alert:
be prepared for independent retailers and the next generation of consumers to change commerce
as we know it forever
What are the Key Predictions for Ecommerce Trends?
1) Young consumers will change the business landscape as ecommerce charges ahead.
2) Physical retail as we know it will transform, giving local businesses new advantages.
3) Consumers want to shop independent. Businesses will adapt to make that easier.
4) More consumers will vote with their wallets.
5) Modern financial solutions will disrupt business and consumer banking, finance, and lending.
This report is based on an online survey of more than 10,000 consumers in 11 countries conducted in September 2020, as well as extensive global Shopify sales data from January 2018 to September 2020. Certain sections of the report about business and consumer banking are based on two sources: an online survey of 950 Shopify merchants in the US from September 2020, and an online survey of 1,000 consumers in the US conducted in December 2019.
Read more here.