Amazon, Shopify or Walmart: What Kind of eCommerce Store Should You Start? In the work-from-home era, there's no better time to start your side hustle. Here are the key factors to consider.
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Currently, there are over 2.5 million sellers on Amazon. On Shopify, over 1 million merchants in 175 countries. On Walmart, 35,000 private sellers.
Why? As stated by AcquireConvert, From 2020 to 2021, eCommerce sales are expected to rise 33%. And, "By 2021, global eCommerce is forecast to be $4.97 trillion – almost a 400% increase in seven years."
Meaning, the eCommerce space is still booming, and it's not slowing down. It can be alarming to new entrants when so many people are rushing into a given category, but that doesn't mean more opportunity isn't present. In fact, there is "space" for everyone, because almost all brick and mortar businesses can eventually be taken online. And there are countless niches yet to migrate to digital selling.