Rise of eCommerce Continues and This ETF Should Benefit

Shopping and consumer trends are changing as more buyers rely on the convenience of online retailers to quickly and easily meet their discretionary needs. As the retail landscape changes, investors can also capitalize on the trend through ETFs that target the e-commerce segment. Demographic trends are driving those shifts.

Adding to the case for EBIZ, some market observers believe changes in consumers’ behavior, which were apparent before the virus, are merely being hastened by the COVID-19 pandemic and that online is where it’s at for retailers – a theme that’s expected to be sticky for years to come.

“On a not adjusted basis, the estimate of U.S. retail e-commerce sales for the second quarter of 2020totaled $200.7billion, an increase of 37.0percent(±1.2%) from the first quarter of 2020. The second quarter 2020e-commerce estimate increased44.4percent (±1.9%) from the second quarter of 2019while total retail sales decreased3.4percent (±0.5%) in the same period. E-commerce sales in the second quarter of 2020accounted for 15.1percent of total sales,” according to the Commerce Department.

Shopping and consumer trends are changing as more buyers rely on the convenience of online retailers to quickly and easily meet their discretionary needs. As the retail landscape changes, investors can also capitalize on the trend through ETFs that target the e-commerce segment. Demographic trends are driving those shifts.

EBIZ is higher by 55% year-to-date and hit a record high on Tuesday.

This content was originally published here.

Say Goodbye to Poorly Photographed E-Commerce? | Dragons’ Den

August 28, 2020

Amazon partners with Toys R Us in new toy ecommerce deal - Business Insider

August 28, 2020