The eCommerce industry has seen astounding growth in the past few years. The rise of online shopping and payment systems has helped the retail industry flourish. The global eCommerce growth rate for 2022 is forecast at 9.7%, bringing global eCommerce sales worldwide to $5.7 trillion.
However, this booming industry also holds several challenges for its participants. Let’s look at some of these challenges and how they can be overcome.
This article is based on Anatoliy Labinskiy’s YouTube blog video eCommerce 2022 Recap.