In barely more than two decades, the ability to conduct routine commerce over the Internet has revolutionized how we shop and how we pay for what we buy. Online commerce also has restructured the physical side of retailing; you can buy and sell from anywhere.
Retailers with global reach range in size from mammoth corporations to individuals working from a laptop computer at home. The number of online retailers going global is staggering. A 2018 study by eBay showed that, in New York State alone, 97% of small businesses selling over that web platform were exporters — a far higher rate than among businesses not online. Moreover, those small businesses reached on average 18 different countries annually, again dwarfing traditional export reach.
For The Full Story: DAILY NEWSDAILY NEWS
BY KATHY TERRILL AND THOMAS BAFFER | nEW YORK DAILY NEWS
MARCH 27, 2019