U.S. consumers who were under stay-at-home orders because of the pandemic shopped heavily online during the 2nd quarter of 2020. The numbers are impressive.
The Department of Commerce said retail ecommerce sales in the US grew by 31.8% from the first quarter of 2020. That’s $211.5 billion in Q2 2020, compared to $160.4 billion in Q1 2020.
The Commerce Department said ecommerce gained nearly 5 percentage points in the total retail market during just one quarter. Ecommerce accounted for over 16% of total retail sales in Q2 2020.
Nina Goetzen writes in Emarketer.com that ecommerce is expected to retain this increased share of the retail market as the pandemic has accelerated an ongoing shift to the channel.
Ecommerce presence needed now more than ever before
It’s more important than ever that businesses selling products and services have an ecommerce presence.
Peak Advisers can help. The new QuickBooks POS V19 has ecommerce integration that works with all of the most popular platforms.
Partnering with Webgility, QuickBooks POS now has a seamless integrated ecommerce solution at a competitive price.
Works with top shopping carts and popular online marketplaces
List products in online store directly from QuickBooks POS
Post online orders by click of a button to QuickBooks POS
Prevent overselling with automatic inventory sync
Get an up-to-date view of your online and in-store sales data
Get holistic view of inventory sold by channels and current stock
Call us at (303) 801-4772 for ways that we can help with your business’ ecommerce presence. You can also use our contact form here.