E-Commerce in Crisis: New Data Reveals How Shopper Distrust is Shaping Online Retail #conversions #ecommerce #ElectronicCommerce #Retail #Banking #FinancialServices #Technology #Cobalt #Metals

Toronto, Ontario--(Newsfile Corp. - September 26, 2024) - E-commerce businesses are grappling with a significant challenge, facing an estimated 28% loss in sales due to shopper uncertainty about the legitimacy of online retailers. This alarming statistic comes from a groundbreaking study conducted in collaboration with Truly Legit, the National Retail Federation, IBISWorld, and the Federal Trade Commission.The research highlights the escalating rise of online scams and their unforeseen...


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