The e-commerce world: how much it’s worth, who’s leading the market, and how much you should expect to pay

With more than 1.2 billion digital buyers worldwide in 2015, online shopping is a growing trend no one should ignore. With that number growing 7.5% in the next year, e-commerce websites sure look like a great opportunity from an entrepreneurial perspective. Selling products, whether they're online courses, handcraft jewelry, t-shirts, and so on, is an excellent way to broaden your website's current offer. With so many buyers, one question is popping up into my head: how much is the e-commerce world worth? How much money are people spending online to buy stuff around the world? Let's see. The e-commerce world in U.S. The Census Bureau of the Department of Commerce estimates that U.S. retail e-commerce sales for the Q3 of 2015 was $87.5 billion (+ 4.2% from the Q2 of 2015) and 15.1 % from the Q3 of 2014 (PDF file). The e-commerce world in Europe According to the Forrester European forecast, online retail sales are projected to reach $247 billion by 2017, growing from $165.6 billion hit in 2013. The e-commerce world in Asia-Pacific A PwC research (PDF file) for the Retail and Consumer Products Sector in Asia Online says sales in Asia Pacific are expected to reach a total of US$1.3 trillion #wordpress #smallbusiness #entrepreneur

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