E-commerce Product Classification With Images
Background
Nowadays, the retail e-commerce share has been growing with a incredibly fast pace around the world. For US, in 2016, online sales of physical goods amounted to 360.3 billion US dollars and are projected to surpass 603.4 billion US dollars in 2021. Despite this fast growth, United States actually rank behind several countries in terms of e-commerce sales as percentage of total retail sales - in 2016, almost a fifth of China’s retail sales occurred via the internet, compared to only 8.1 percent in the United States. The UK, South Korea, and Denmark are also ahead of the U.S. in terms of retail e-commerce share.
