{"id":517,"date":"2023-01-09T11:15:41","date_gmt":"2023-01-09T19:15:41","guid":{"rendered":"https:\/\/www.medallionenterprises.com\/blog\/?p=517"},"modified":"2022-12-30T06:01:06","modified_gmt":"2022-12-30T14:01:06","slug":"ecommerce-growth-projections-for-2023-to-2026-whats-in-store","status":"publish","type":"post","link":"https:\/\/www.medallionenterprises.com\/blog\/2023\/01\/09\/ecommerce-growth-projections-for-2023-to-2026-whats-in-store\/","title":{"rendered":"ECommerce Growth Projections for 2023 to 2026 &#8211; What&#8217;s in Store"},"content":{"rendered":"<p>As you adjust your business goals for the new year, knowing what to expect can help. The\u00a0<a href=\"https:\/\/www.shopify.com\/blog\/global-ecommerce-sales?prev_msid=5d43b170-17A3-4A82-4042-0C5809082744\" target=\"_blank\" rel=\"noopener\">Global eCommerce Sales Growth Report<\/a>\u00a0through 2026 shows promising trends for online businesses. Keep the following news in mind when writing your goals for 2023.<\/p>\n<p><strong>Increased Online Sales<\/strong><\/p>\n<p>Experts are expecting online sales to increase every year from now until 2026. For 2023, global eCommerce sales are projected to hit $6.3 trillion. Sales are expected to increase to $6.9 trillion in 2024, $7.5 trillion in 2025, and $8.1 trillion in 2026. The increase of nearly $2 trillion over the next few years is a result of more and more people turning to\u00a0<a href=\"https:\/\/www.medallionenterprises.com\/services\/warehousing.html\" target=\"_blank\" rel=\"noopener\">online stores<\/a>\u00a0rather than brick-and-mortar businesses.<\/p>\n<p><strong>Traditional Retail Sales vs. eCommerce Retail Sales<\/strong><\/p>\n<p>Online retail sales are continuing to take up a larger share of all retail sales on a global scale. As of 2022, online sales accounted for 19.7 percent of retail sales. This is expected to increase to 24 percent by 2026. With online sales making up nearly a quarter of all sales within a few years, it\u2019s important for eCommerce business owners to make sure they\u2019re prepared.<\/p>\n<p><strong>Boosting Your Online Business<\/strong><\/p>\n<p>The latest projections for global eCommerce sales mean that it\u2019s time to make adjustments to your own business. This can help you take advantage of the increase in online purchases in order to help your company grow. With more consumers being comfortable shopping on mobile devices, make sure your online store has processes in place to provide secure transactions. Partnering with a\u00a0<a href=\"https:\/\/www.medallionenterprises.com\/services\/internet-stores.html\" target=\"_blank\" rel=\"noopener\">fulfillment warehouse<\/a>\u00a0might also be a smart move to make, since this ensures that customers are able to get their orders on time.<\/p>\n<p>If you\u2019re looking for a dependable fulfillment warehouse to partner with your business, contact\u00a0<a href=\"https:\/\/www.medallionenterprises.com\/about\/contact.html\" target=\"_blank\" rel=\"noopener\">Medallion Fulfillment and Logistics<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As you adjust your business goals for the new year, knowing what to expect can help. The\u00a0Global eCommerce Sales Growth Report\u00a0through 2026 shows promising trends for online businesses. Keep the following news in mind when writing your goals for 2023. Increased Online Sales Experts are expecting online sales to increase every year from now until &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.medallionenterprises.com\/blog\/2023\/01\/09\/ecommerce-growth-projections-for-2023-to-2026-whats-in-store\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;ECommerce Growth Projections for 2023 to 2026 &#8211; What&#8217;s in Store&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":159,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[121,97],"tags":[94,120,35,122],"class_list":["post-517","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ecommerce-fulfillment","category-fulfillment-warehouse","tag-ecommerce-fulfillment","tag-ecommerce-tips","tag-fulfillment-warehouse","tag-warehouse-fulfillment"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>ECommerce Growth Projections for 2023 to 2026 - What&#039;s in Store - Medallion Fulfillment &amp; Logistics<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.medallionenterprises.com\/blog\/2023\/01\/09\/ecommerce-growth-projections-for-2023-to-2026-whats-in-store\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ECommerce Growth Projections for 2023 to 2026 - What&#039;s in Store - Medallion Fulfillment &amp; Logistics\" \/>\n<meta property=\"og:description\" content=\"As you adjust your business goals for the new year, knowing what to expect can help. The\u00a0Global eCommerce Sales Growth Report\u00a0through 2026 shows promising trends for online businesses. Keep the following news in mind when writing your goals for 2023. 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