These 5 Global Brands Will Survive the Economic Crisis Thanks to eCommerce, According to Digital Silk

NEW YORK, May 13, 2020 /PRNewswire-Business Press Room/  Online retail sales grew 74% in average transaction volumes in March 2020 compared to March 2019.

Digital Silk, a global digital agency, analyzed the brands who are maintaining positive performance amongst the current global challenges due to a strong eCommerce offering.

The top brands that will survive the economic crisis thanks to eCommerce are:

• 1. Ikea
• 2. Papa Johns
• 3. Nike
• 4. William Sonoma
• 5. Lululemon

Retail eCommerce sales globally reached $3.53 trillion in 2019 and revenues are expected to amount to $6.54 trillion in 2022.

As high as those figures are, those forecasts have not accounted for the impact of the COVID-19 crisis, the extent of which is still unknown.

Brands that prioritize their eCommerce capabilities will have a greater chance of not only weathering this global crisis, but also seeing sustainable future growth.

About Digital Silk:

Digital Silk is a creative digital agency focused on growing brands online. From custom websites to digital marketing, Digital Silk creates SUPERIOR digital experiences to drive higher conversions, greater brand engagement & measurable results.