Can E-Commerce and Sustainability Co-Exist?
If e-commerce took away the need to go to a physical store to browse, try on and buy clothes, social commerce removes the need to permanently own them. The total resale market is expected to double in value to $51 billion in the next five years, according to a report from ThredUp. Traditional retail operates on product newness and seasonality. In c... See more
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Online shopping sales in 2020 grew 32.4% from 2019 to $791.7 billion, according to figures from the U.S. Department of Commerce. E-commerce ended last year accounting for 14% of all U.S. sales, up from 11% in 2019.
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The American Consumer Institute, for example, has estimated that the Internet will save the world from approximately one billion tons of carbon emissions in the next ten years. This number can be broken down into the following carbon footprint-reducing features: · eCommerce will reduce emissions by 206 million tons of carbon, mainly in the form of
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