Ecommerce vs. bricknmortar – guess who is the dying dinosaur?
Ecommerce growth exceeds expectations!
Ecommerce vs. bricknmortar – guess who is the dying dinosaur?
Ecommerce growth exceeds expectations!
Ecommerce vs. bricknmortar – guess who is the dying dinosaur?
Ecommerce growth exceeds expectations!
Ecommerce vs. bricknmortar – guess who is the dying dinosaur?
Ecommerce growth exceeds expectations!
Ecommerce vs. bricknmortar – guess who is the dying dinosaur?
Ecommerce growth exceeds expectations!
Payday failure for the middle class?
Ecommerce vs. bricknmortar – guess who is the dying dinosaur?
Ecommerce growth exceeds expectations!
Ecommerce vs. bricknmortar – guess who is the dying dinosaur?
Ecommerce vs. Bricknmortar – reminds one of the old Gomorrah vs. Godzilla battle. Consequently, one always prevails after a lengthy battle.
The battle is pretty much over.
Prior to the pandemic, retailers were losing their shirts to online sales and the migration of our species to shop online.
During the pandemic, online eCommerce stores received an unprecedented shot in the arm of sales. Many online stores experienced growing pains learning to navigate the welcome burden of record visitors and dwindling stock inventories. Big box retailers did everything to enhance the customer shopping experience, while navigating Covid restrictions.
Consequently, the eCommerce process was undergoing a massive change. Growing pains, one could say.
Who could have imagined ordering and paying for a car and having it dropped off at your doorstep?
This is just the beginning. Ecommerce continues to adapt and change and become a stronger and stronger virus, swallowing up whole industries. Or, at least forever changing them. Think, cabs vs. Uber, and theaters vs. Netflix.
Andy Grove once said, “There are two options: adapt or die”.
Are the traditional retail stores changing rapidly enough to survive?
Or, are they a dinosaur that eCommerce is consuming for lunch – a buffet of opportunity?
Ecommerce growth exceeds expectations!
Ecommerce growth has continued its climb in the U.S. marketplace from $571 billion in 2019 to $815.4 billion in 2020 according to numbers cited by the Census.gov. Brick n mortar retailers have been adjusting to an ever changing global migration from shopping in-store to shopping online. And the pandemic did not help, at all.
Traditional retail was already experiencing a drastic change pre-pandemic:
- More than 16,000 stores closed in 2019
- 12,200 stores closed in 2020
- 10,000 stores closed in 2021
- USB analysts predicted that 80,000 U.S. stores will close by 2026.
As more people were locked down, that opened the floodgates for those wanting to shop online for necessities, groceries and feel-good items.
Global Ecommerce sat at 15% of all retail sales in 2018 and 21% in 2021. Now, its moving to 22+%.
All the doom and gloom with these numbers spell the end for traditional brick n mortar as outlined in our article, Ecommerce vs. bricknmortar. But it doesn’t have to be all negative! The good news is that this change is forcing companies to be more efficient, better at customer service and offer more offerings. It will make us better and more efficient as a buying public.
But more importantly, the opportunities for producing income in the ecommerce field has never been greater!
Ecommerce vs. bricknmortar – guess who is the dying dinosaur?
Ecommerce growth exceeds expectations!
Ecommerce vs. bricknmortar – guess who is the dying dinosaur?
Ecommerce growth exceeds expectations!
Payday failure for the middle class?
“We purchased a hunting, camping fishing website and the second month of ownership, took home over $25,000 in income. The team said we could do more but we were VERY happy with process”.
Jason G.
“I purchased a website and started part-time and was able to earn $11,300 by following their step-by-step, very happy with service, going full time soon”.
Karen M.
“Enjoyed the conversation before buying a web store, really learned a great deal. Started slower than most reading information and buying detailed information to learn. Great people!”.
Bethany T.
“We purchased a hunting, camping fishing website and the second month of ownership, took home over $25,000 in income. The team said we could do more but we were VERY happy with process”.
Jason G.
“I purchased a website and started part-time and was able to earn $11,300 by following their step-by-step, very happy with service, going full time soon”.
Karen M.
“Enjoyed the conversation before buying a web store, really learned a great deal. Started slower than most reading information and buying detailed information to learn. Great people!”.
Bethany T.
“We purchased a hunting, camping fishing website and the second month of ownership, took home over $25,000 in income. The team said we could do more but we were VERY happy with process”.
Jason G.
“I purchased a website and started part-time and was able to earn $11,300 by following their step-by-step, very happy with service, going full time soon”.
Karen M.
“Enjoyed the conversation before buying a web store, really learned a great deal. Started slower than most reading information and buying detailed information to learn. Great people!”.
Bethany T.
“We purchased a hunting, camping fishing website and the second month of ownership, took home over $25,000 in income. The team said we could do more but we were VERY happy with process”.
Jason G.
“I purchased a website and started part-time and was able to earn $11,300 by following their step-by-step, very happy with service, going full time soon”.
Karen M.
“Enjoyed the conversation before buying a web store, really learned a great deal. Started slower than most reading information and buying detailed information to learn. Great people!”.
Bethany T.
“We purchased a hunting, camping fishing website and the second month of ownership, took home over $25,000 in income. The team said we could do more but we were VERY happy with process”.
Jason G.
“I purchased a website and started part-time and was able to earn $11,300 by following their step-by-step, very happy with service, going full time soon”.
Karen M.
“Enjoyed the conversation before buying a web store, really learned a great deal. Started slower than most reading information and buying detailed information to learn. Great people!”.
Bethany T.
“We purchased a hunting, camping fishing website and the second month of ownership, took home over $25,000 in income. The team said we could do more but we were VERY happy with process”.
Jason G.
“I purchased a website and started part-time and was able to earn $11,300 by following their step-by-step, very happy with service, going full time soon”.
Karen M.
“Enjoyed the conversation before buying a web store, really learned a great deal. Started slower than most reading information and buying detailed information to learn. Great people!”.
Bethany T.
