There rise of eCommerce startups in the last 5 years has been meteoric, receiving crazy billion-dollar valuations. You as an aspiring entrepreneur, probably tempted to start your own eCommerce startup, should get smart about the industry before jumping in. But like any other business, market analysis and evaluation is a quintessential step which determines the success of your eCommerce startup. You just can't sell sand in a desert, no matter how fancy your sand is, so picking the right product and market are pivotal.
To give you a basic idea, I have created this illustrated infographic sourced with data from Consensus.gov, Statista, Open Government Data (India) and Quantcast as a part of our TrackingCourier project. Dig in to learn where eCommerce is now and where it's going.
