The Growth of Online Marketplaces in 2021—and Beyond

Trade shows, showrooms and in-person shopping–all the traditional means of in-person product discovery–have been dramatically altered by the global pandemic. Enter online marketplaces, which are experiencing rapid growth in the retail space. Data shows a whopping $2.67 trillion was spent at online marketplaces in 2020 alone. Ian Leslie, senior director of retail advocacy at Bolt,…
Trade shows, showrooms and in-person shopping–all the traditional means of in-person product discovery–have been dramatically altered by the global pandemic. Enter online marketplaces, which are experiencing rapid growth in the retail space. Data shows a whopping $2.67 trillion was spent at online marketplaces in 2020 alone. Ian Leslie, senior director of retail advocacy at Bolt,…