8.10 billion global population 5.35 billion (66.2%) Internet penetration 6.7 billion (82.7%) smartphone penetration 4.97 billion (61.4%) use social media 2.02 billion (25%)
eCommerce
The global e-commerce penetration rate is expected to hit 25% (2.02 billion) by 2027 The global e-commerce market will be valued at $ 18.98 Trillion in 2022. Its market size is projected to reach $ 47.73 trillion by 2030
Use of Plastics
Global card purchase volume hits $42.7 trillion.
Online Conveniences
Uber, the world’s largest taxi company, owns no vehicles. Alibaba, the most valuable retailer, has no inventory. Airbnb, the world’s largest accommodation provider, owns no real estate. Facebook, the world’s most popular media owner, creates no content.
Today's Defacto Purchasing Process
Five of the sever activities are done online and the final decision is guided and influenced as follows 01 Search Online 02 View Online 03 Compare Online 04 Learn Online 05 Make a decision based on your online research 06 Call 07 Purchase
