Future of online shopping
Trying to predict the future is often stupid. "I always avoid making predictions because predicting events is so much better," Winston Churchill once said. But by collecting data and finding trends and patterns, we can make informed predictions about the future of e-commerce. Let's take a look at two changes in consumer behavior that will drive the e-commerce industry in the years to come. Millennials and Generation Z: Purchasing Power of the Future Millennials, a generation born between 1980 and 1994, are well on their way to spending more than $ 1 trillion annually in the United States. However, 36% of them face high student debt. This is attributed to the introduction of the “Asset Access” process and is also the driving force behind many of the latest drive innovations. The millennials are just past the millennia. The oldest of them is only 24 years old now, but the first analysis has already been carried out. “Individualism and mass tendencies go hand in hand. We are...