In three days she was live on Shopify, the online sales platform that unlike Amazon gives small businesses the ability to create and manage their own sites for a monthly fee, while keeping virtually all of the sales they make. Tobi Lütke started Shopify after he and a friend tried to open an online snowboard shop but couldn't ... [+] find decent software. Before the pandemic, online spending only represented about a tenth of all retail sales in the U.S., but that is changing. It also said brick-and-mortar stores have been able to replace 94% of their in-store sales online. “Our goal is that, because Shopify exists, more entrepreneurs and small businesses will get through this."

Source: Forbes May 08, 2020 14:37 UTC