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Daily Archives: February 23, 2021

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Survey shows new Canadian businesses are looking to fill gaps in the market, see ecommerce as the way forward

Ecommerce, Online shoppingBy TeamLMFebruary 23, 2021

 A survey of new Canadian business owners shows that many new small businesses have adapted their business strategy due to the pandemic, seeing gaps in the market that needed to be filled The statistics by Ownr show that 22% of those surveyed changed their business plan due to the impacts of the pandemic, with 26%…

Ecommerce sales in Canada grew 20% in 2020, over 8% of all retail sales

Ecommerce, Ecommerce Business, Online shoppingBy TeamLMFebruary 23, 2021

Statistics by eMarketer show that ecommerce grew 20.7% in 2020, a total of CA$52.04 billion, making up 8.1% of all retail sales in Canada A reluctance to visit brick and mortar stores due to the pandemic and the convenience offered by online shopping propelled ecommerce to new heights. It is expected that in retail and…

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