How Ecommerce Creates Jobs and Reduces Income Inequality

September 19, 2017

We estimate that ecommerce jobs in fulfillment centers and ecommerce companies rose by 400,000 from December 2007 to June 2017, substantially exceeding the 140,000 decline of brickand-mortar retail jobs. We explain this job growth by showing that households are saving 64 million hours of week of shopping time because of ecommerce, and some of these unpaid household hours are being shifted into market work. One consequence is that productivity growth is being underestimated.

Spotlight

Shop Bonsai

We’re one of Canada’s fastest growing startups. Our team is on a mission to build the media app of the future, an app that will forever change the way people shop. Powered by machine learning, Bonsai brings together leading brands and digital publishers to create the world’s first shoppable-content app.

OTHER WHITEPAPERS
news image

Real-Time Payments Systems & Third Party Access

whitePaper | January 27, 2020

Just as digital technologies have transformed so much of our lives, from access to information to communicating, the adoption of digital payments is fundamentally transforming banking systems, commerce, and societies around the world. Digital payments are full of promise. They can bring new levels of convenience and efficiencies, security and transparency, access and growth. Countries that have rolled out payment systems are already reaping the benefits. However, due to the inherent complexities of financial systems and of deploying digital technology, there is no one-size-fits-all model.

Read More
news image

Choosing a new ERP-CRM

whitePaper | September 10, 2022

Enterprise-level automation and end-to-end ERP-CRM business applications are now available to SMB and Mid-Market Businesses.The expansion of capabilities and access to advanced features and functions has been greatly accelerated with the advent of Cloud computing and modern application design.Through a variety of influences, core software prices have come down considerably sinceY2K. However, over the same time,the complexity and maturity ofthese applications have also expanded in scope, putting upward pressure on design, configuration, and implementation costs.

Read More
news image

Whitepaper Global eCommerce Expansion

whitePaper | November 18, 2019

Consumers around the world are shopping online more every year. In 2019, they will buy more than $3 trillion from retail websites, and ecommerce will account for one-sixth of global retail sales, Internet Retailer estimates. And, while many international consumers cross borders to shop online on foreign websites, half of the leading U.S. online retailers don’t currently ship outside North America.

Read More
news image

How to Develop a Killer E-Commerce RFP

whitePaper | July 21, 2022

The Request for Proposal (RFP) process for a new e-commerce platform can easily require 1,000 hours and can take months to complete. Wow! you might be thinking, that’s a lot of time and energy. And it is, but it’s necessary as the stakes are high; organizations that fail to conduct a thorough and well thought out RFP process can suffer the consequences for a long time thereafter.

Read More
news image

A CFO GUIDE TO MODERN BILLING OPERATIONS

whitePaper | September 1, 2022

Organization leaders and companies of all sizes are leveraging digital transformation to overhaul their internal processes, their operations and their relationships with customers. While some companies are still in the early stages of applying digital technologies to finance-related processes, they will eventually create more efficiencies, insights and value over the long term.

Read More
news image

How point of sale systems are changing, and how to get in front of this trend

whitePaper | May 26, 2021

While Point of Sale (POS) systems are essential for day-to-day retailers, the way that businesses use and integrate these into their business process is shifting dramatically. Modern POS systems are becoming integrated with the cloud, allowing companies to manage inventory and more instantly. But is this the right way to do things? How can your company truly maximize the value you see from these tools? Read on to learn about the future of POS systems, and make sure you’re innovating to stay ahead of the competition.

Read More

Spotlight

Shop Bonsai

We’re one of Canada’s fastest growing startups. Our team is on a mission to build the media app of the future, an app that will forever change the way people shop. Powered by machine learning, Bonsai brings together leading brands and digital publishers to create the world’s first shoppable-content app.

Events