In 2020, the pandemic became the major contributor to e-commerce, and online shopping turned out to be the most convenient and safe way to purchase goods. However, the market has other drivers, like the digitalization of businesses, development of logistics and online sales technologies.
According to economists, the rapid application of multi-vendor software is also associated with the low barrier of entry for sellers. Even those companies that didn’t have their own websites suddenly went online in 2020. As it happens, eCommerce newcomers often do not have enough capacity to cope with traffic and market requirements, thus they opt for trading domains.