How to Start an Online Store

May 12, 2020

How to Start an Online Store

It wasn’t too long ago that online stores seemed like a business pursuit that only applied to a select group of industries. Concerns regarding shipping, product selection, and credit card information safety made some experts doubt that this sector would ever play a significant role in the business landscape.

But the rise of smartphones and social media has helped bring e-commerce to the masses. Our lives have largely moved online, so it makes sense that our shopping habits followed suit: research shows that about 75% of Americans shop online each month.

The stats become even more impressive when forecasted to 2023. At that point, nearly a quarter of all global retail sales will be made through a computer, smartphone, or tablet. To put that into perspective, online sales in the United States are predicted to top $740 billion a year at that same point.

About the Author

Grant Olsen

Grant Olsen

Grant Olsen is a writer specializing in small business loans, leadership skills, and growth strategies. He is a contributing writer for KSL 5 TV, where his articles have generated more than 6 million page views, and has been featured on FitSmallBusiness.com and ModernHealthcare.com. Grant is also the author of the book "Rhino Trouble." He has a B.A. in English from Brigham Young University.

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