Ashwin Ramasamy Contributor
E-commerce is taking off faster than ever. In the last number of weeks, my Twitter timeline has been filled with operators gushing about how the weekends look like Black Friday, even for non-essential commodities. Modification is currently here.
As we assist thousands of organisations to move online, our platform is now managing Black Friday level traffic every day!
It will not be long before traffic has doubled or more.
Our merchants aren’t stopping, neither are we. We need to scale our platform.https:// t.co/ e2JeyjcEeC pic.twitter.com/6lqSrNUCte– Jean-Michel Lemieux(@jmwind ) April 16, 2020 Looking at the above graph in this Tweet from Shopify CTO Jean-Michel Lemieux— and the passing, contextless reference of”Offline2Online “– we got curious. Beyond just the anecdotal evidence, we searched for signs that inform us e-commerce is being embraced at a much faster speed. One way to determine that is to take a look at the historic information of how Shopify has been onboarding merchants for the last 2 years on a month-to-month basis, and compare that with what occurred this year in Q1. All of these information points come from PipeCandy’s own information platform that tracks near 750K+Shopify merchants with historic data for each:Brand-new domains using Shopify monthly While 2020 started on a quicker
clip than 2018 and 2019, February and March have seen nothing short of jaw-dropping growth in merchant numbers for Shopify. In those 2 months alone, Shopify seems to have actually onboarded more merchants than in the entire of 2018. The softening you see in April is a result of the lag
in the way our systems validate and confirm the data and not a slowdown in Shopify per se. The e-commerce embrace is genuine. Article curated by RJ Shara from Source. RJ Shara is a Bay Area Radio Host (Radio Jockey) who talks about the startup ecosystem – entrepreneurs, investments, policies and more on her show The Silicon Dreams. The show streams on Radio Zindagi 1170AM on Mondays from 3.30 PM to 4 PM.
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