Tuesday, April 28, 2015

The Impact of Globalization and Technology on Small Business Commerce Worldwide

©iStock/Romolo Tavani
The eBay 2015 US Small Business Global Growth Report focuses on the United States, looking at how SMBs from across the US have embraced technology to grow their businesses globally.

Worth a read for those who want access to customers all over the world.

As Devin Wenig, President of global eBay Marketplaces business unit says:
The impact of our technology on small business is great, and that excites me. In fact, our data shows that more than 90 percent of U.S. small businesses on our platform export. And of those exporters, 190,000 are exporting to four continents or more. Compare that to overall small business trade activity, where less than five percent of businesses export, according to U.S. Census data. Talk about creating economic opportunity.

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