NEW YORK (PRWEB) May 13, 2020
Online retail sales grew 74% in average transaction volumes in March 2020 compared to March 2019.
Digital Silk, a global digital agency, analyzed the brands who are maintaining positive performance amongst the current global challenges due to a strong eCommerce offering.
The top brands that will survive the economic crisis thanks to eCommerce are:
- 1. Ikea
- 2. Papa Johns
- 3. Nike
- 4. William Sonoma
- 5. Lululemon
Retail eCommerce sales globally reached $3.53 trillion in 2019 and revenues are expected to amount to $6.54 trillion in 2022.
As high as those figures are, those forecasts have not accounted for the impact of the COVID-19 crisis, the extent of which is still unknown.
Brands that prioritize their eCommerce capabilities will have a greater chance of not only weathering this global crisis, but also seeing sustainable future growth.
About Digital Silk:
Digital Silk is a creative digital agency focused on growing brands online. From custom websites to digital marketing, Digital Silk creates SUPERIOR digital experiences to drive higher conversions, greater brand engagement & measurable results.