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This may be one of many biggest income days of the 12 months for small companies, so entice prospects to open their wallets with limited-time sales or other deals. This quantity is up from $96 the year before, and it’s expected to keep on increasing. Unsurprisingly, the variety of shoppers who lost money after being targeted by a web-based shopping scam can be on the rise. Businesses need to take proactive steps to protect each their own and their customers’ funds. While world social media commerce statistics are large, they’re nonetheless fairly large within the United States as properly.

  • Much of the merchandise is from manufacturers owned or controlled by the retailer, or goods from other manufacturers exclusive to the chain.
  • The firm expects online demand to extend, because it presently accounts for 25% of its gross sales in India.
  • WASHINGTON — Consumers in North Carolina made greater than 64,000 fraud stories that totaled barely greater than $93 million in losses in 2021, according to a report from the Federal Trade Commission on Tuesday.

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