5. B2B Edging Out B2C
When you think of ecommerce, your mind tends to think about B2C shopping. But would you be surprised to learn that B2B ecommerce is actually bigger? Take the Canadian ecommerce industry as an example. There are 2.1 B2B transactions for every one B2C transaction. B2B ecommerce is growing at a faster pace and is expected to reach $1.3 trillion by 2020. Look for more attention to be given to B2B ecommerce in the coming months.