These 5 Global Brands Will Survive the Economic Crisis Thanks to eCommerce, According to Digital Silk

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Online retail sales grew 74% in average transaction volumes in March 2020 compared to March 2019. Digital Silk identified the top brands that have leveraged eCommerce to offset the impact of the current economic crisis caused by COVID-19.

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.

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Immy Ransom
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