Toronto, Ontario, Canada (PRWEB) August 19, 2014
Forewards publishes infographic forecasting the significant eCommerce opportunity upcoming in the US and Canadian markets. Forewards, a leader in customer referral program software, has released its latest infographic: “The Tip of the Ecommerce Iceberg”.
Consumers are hard-pressed to deny that eCommerce and online e shopping has begun to take a bigger and bigger share of their spending. From books to hard-to-find niche items, online shopping has now graduated to include big-ticket electronics through to every day staples like groceries over the past few years. But is this the beginning or the end of the growth of online shopping? The research shows that we may just now be seeing the proverbial “Tip of the Iceberg” with an astounding growth curve remaining to come.
The infographic takes a look at research looking at the current state of online shopping as well as forecasted trends and finds that the Canadian eCommerce market already exceeds $136 Billion in goods sold, while the US market is projected to surpass an astounding $414 Billion by 2018.
“As consumers we can all feel how much online shopping is taking over a bigger and bigger share of our wallet” said Jason Dea, COO of Forewards. “Our infographic shows that we may still be at the tip of the opportunity iceberg when it comes to eCommerce. Even more importantly we feel that small and mid sized businesses will drive the next phase of growth in online shopping, not the Goliath's that paved the original road. This presents not only a massive, but also an exciting opportunity for aspiring entrepreneurs and eCommerce retailers around the world to take advantage of.”
To view the infographic, visit: http://forewardsapp.com/blog/infographic-ecommerce-growth/
At Forewards, entrepreneurs inspire us, and we’re built from a team of them too. We love helping people do what they’re passionate about and turning it into their full-time gig. Our team is obsessed with why consumers shop online, what drives them to be loyal, and what makes them want to refer friends to your store.
Fore more information about Forewards referral marketing software visit: http://forewardsapp.com/