Looking at this chart of holiday retail sales for e-commerce (RED) vs non ecommerce, sometimes known as
Question:
Looking at this chart of holiday retail sales for e-commerce (RED) vs non ecommerce, sometimes known as 'brick and mortar', give me two reasons that e-commerce is only a small part of the overall retail sales in the USA for the holidays of 2022.
Make a prediction. This chart says retail sales will grow overall by 2.5% in 2022 to over $6.6 TRILLION dollars. Given what you know about inflation and product scarsity do you agree with growth of 2.5%; Why or why not in 2 sentences.
Hint: When a college professor reads your answer or reads a paper that you write they need you to provid enough detail to know that you really DO know the material. Your answers should be just thorough enough so I know that you thought about the topic and are not just slinging B.S. to improve your grade. I am
Making Hard Decisions with decision tools
ISBN: 978-0538797573
3rd edition
Authors: Robert Clemen, Terence Reilly