Exclusive Content:

11 Ways Employee Recognition Builds Better Managers

11 Ways Employee Recognition Builds Better Managers “Social recognition is...

12 Reasons Why Veeam is The Best VMware Backup Solution

Ransomware proof Protection from ransomware is critical to any Modern...

5 New Ideas To Extend De&i Beyond A One-time Training

What’s Next In De&i? Following the historic social unrest of...

2022 Enterprise Marketplace Index

Matching digital’s unprecedented rise of 2020 was no easy task, but eCommerce—and enterprise marketplaces in particular—met the challenge. As eCommerce sales growth reached 12% in 2021, enterprise marketplaces found a path to even greater heights, achieving same-site sales growth of 25%.

That means, for the second year in a row, enterprise marketplaces grew at double the rate of eCommerce. This level of growth after 2020’s record year solidifies that marketplaces are not a temporary trend in commerce, but rather a fundamental—and permanent—shift in the ways that consumers shop and retailers profitably grow their businesses. In fact, enterprise marketplaces achieved 49.7% compound annual growth (CAGR) over the past two years, compared with overall eCommerce CAGR of 22.2% over the same period.

While retailers faced several challenges in 2021, such as supply chain disruptions and rising customer acquisition costs, enterprise marketplaces were a bright spot in the landscape. Consumers and sellers rushed to marketplaces at a record pace, driving up key marketplace growth indicators. For instance, consumers’ adoption of shopping on marketplaces increased by 35% over pre-pandemic levels: in 2019, 42% of consumers said they shopped exclusively on or a lot on marketplaces, a figure that rose to 57% in 2020 and held steady at 57% in 2021 even as physical stores reopened.

Download 2022 Enterprise Marketplace Index Whitepaper

2022-enterprise-marketplace-index

Latest

Wind River Studio Linux Services: Security and Compliance Scanning

SECURITY SCAN AND CVE IDENTIFICATION We provide a professional-grade Linux...

The Great Supply Chain Reset 5 Top Trends revealed

Supply chain planning is on the precipice of a...

Simplify cloud security with Red Hat and Microsoft

Verify system integrity across environments with remote attestation Ensuring system...

Newsletter

spot_imgspot_img

Wind River Studio Linux Services: Security and Compliance Scanning

SECURITY SCAN AND CVE IDENTIFICATION We provide a professional-grade Linux software scan with a report on Common Vulnerabilities and Exposure (CVE) issues. • Codeless scan using...

The Great Supply Chain Reset 5 Top Trends revealed

Supply chain planning is on the precipice of a great reset. The way we’ve always planned and the technology we’ve used for decades is no...

Testing the Value of Dell EMC™ PowerEdge™ R750 Servers with Windows Server 2022 Preinstalled Software

Faster Deployment Time with OEM Licensing Prowess Consulting measured a time savings of 30 minutes and 32 seconds per server when deploying Windows Server 2022...