Retail businesses are moving online in growing numbers.
Compared to Q4 2013, last quarter’s US online sales rose 14.6 percent to a staggering $79.6 billion dollars. This accounted for 6.7 percent of the total US retail sales market. Major trends fueling this growth include the proliferation of mobile devices, faster online checkout flows and improved fulfillment practices.
The availability of open source e-commerce platforms is helping some offline business with the move online. Much like WordPress provides free, customizable CMS solutions, popular open source e-commerce platforms like WooCommerce, Magento and PrestaShop offer a variety of pre-built templates and plugins that DIY retailers can customize to build and grow an online business from scratch.
To get a feel for the size of this trend, here’s a current snapshot of the top providers and number of websites they power.