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These days, it seems like everything is available online. You can purchase clothing, beauty products, home goods, and even groceries without ever having to leave your house. eCommerce has made shopping easier than ever before.

With just a few clicks, you can place an order and have it delivered right to your doorstep. You never have to deal with frustrating crowds or long lines at the checkout. Plus, you can often find better deals online than you can in-store.

With so many advantages, it’s no wonder that online shopping has become the preferred way to shop for so many people.

Interesting eCommerce Statistics

  • It’s predicted that 95% of all purchases will be made online by 2040.
  • Despite the 23% annual growth of the eCommerce sector, 46% of American small companies still don’t have websites.
  • Globally, 93.5% of internet users have made online purchases.
  • Revenue increased by 760% as a result of segmented email marketing to subscribers.
  • An online store’s sales are typically 32% higher when it has a social media presence than when it doesn’t.
  • 74% of consumers use social media to research products before making a purchase.
  • During the holiday season, cell phones are used for 40% of all internet sales.

This year’s most popular e-commerce website (based on traffic volumes).

Since Amazon is one of the world’s largest corporations, no one is surprised that it has the most monthly visitors. Visitors to this site outnumber those of the following three websites.

An estimated 2.5 billion people visit Amazon each month;
estimated 940 million monthly visitors to eBay;
Walmart has 450 million monthly visitors, according to estimates;
Estimated monthly traffic of 420 million users on Craigslist; and
An estimated 352 million people visit Etsy each month.

Websites that are the most popular in the United States for eCommerce (Source: Similarweb)

WooCommerce eCommerce technology solutions are used by 26% of online shops.

In terms of market share, WooCommerce commands a 26% share of the online retail market. Wix Stores has a 13 percent market share, while Shopify has a 17 percent share.

The convenience of shopping online at any time of day or night is the number one reason people use it.

It’s easier to shop online because you don’t have to leave your house. It’s even better because they can get whatever they want. regardless of the time of day.

A whopping 93.5 percent of all internet users have made online purchases.

Over half of the world’s population has access to the internet, and nearly all of them have made online purchases. By the time Musk’s Starlink project goes live, these numbers are sure to rise dramatically.

In the United States, 61 percent of online consumers have purchased something based on blog recommendations.

Blogging has become increasingly important as businesses with blogs report an increase in sales. Customers will find it much easier to do business with you if you use blogs to educate them about your products and services.

Amazon will be one of your biggest competitors because 59% of Millennials will go there first when shopping online.

With each passing generation, the rules of online shopping evolve. Before making a purchase, most people born between 1981 and 1996 turn to Amazon for additional information.

It is predicted that eCommerce will account for 95% of all purchases by the year 2040.

Nasdaq predicts that by 2040, the way we buy products will be history. In 20 years, they predict that nearly all purchases will be made online.

46% of small businesses in the United States do not yet have a website.

eCommerce is becoming increasingly important to the general public, but only about half of US companies have an online presence. That has to change as soon as possible.

More than a third of people who search for a product or service on Google will make a purchase within five days.

Google is frequently used by people who want to learn more about a product or service. 1 in 3 people who do that will make a purchase in the next five days, on average.

Email is the preferred method of contacting customers for 61% of consumers.

Nowadays, everyone has an email address. In the digital age, email is a convenient means of disseminating information about new products and services. You will see a significant increase in revenue if you communicate with your customers via email.

Email marketing generates $44 for every $1 spent, resulting in a 4400 percent return on investment.

Email marketing campaigns are typically less expensive than other forms of advertising. Any other method of increasing your website’s ROI will take longer than an effective email campaign.

58% of the top US online retailers send welcome emails.

As a business, it is imperative that you send a welcoming email to new customers. The most successful online retailers use a simple welcome email to strengthen their relationships with customers and increase sales.

60 percent of consumers say they’ve made a purchase after receiving an email marketing message.

In order to get people interested in your product or service, you must use the right email marketing campaigns. People will want to learn more about a product or service if it is presented properly, which in turn encourages more sales.

760 percent increase in revenue can be attributed to segmented campaigns sent to email subscribers.

segmentation, which allows businesses to group customers based on information such as purchase history, browsing activity, and more is critical for online success. An email campaign can be tailored to specific groups, resulting in increased ROI for companies.

Transactional emails get 8x more opens and clicks than any other email campaign and make 6x the money.

When you send personalized emails to your customers, they’ll know you care about them and are more likely to buy from you. When it comes to attracting and retaining customers, this strategy is the most effective.

Email marketing is responsible for 20% of the traffic that leads to eCommerce sales, according to a new report.

Email marketing campaigns are responsible for 1 in 5 of all eCommerce sales. You can increase sales and revenue by sending personalized emails with the right information.

On average, online stores with a social media presence sell 32% more products than those without.

There’s a 32 percent boost in sales for online stores that invest in social media pages and build a strong presence across popular platforms like Instagram, Facebook, Twitter, and YouTube.

The average eCommerce website posts 4.55 times a week on Facebook.

The average number of posts per week for an e-commerce website utilizing Facebook social media marketing campaigns is four to five.

If you want to cultivate a lasting relationship with your customers and boost your revenue, you must maintain a high level of consistency in all of your marketing efforts.

74% of consumers use social media to assist in their purchasing decisions.

People can learn a lot about a product or service on social media. Customers can benefit from reading about other people’s experiences and opinions before making a purchase decision.

Facebook accounts for 85% of all social media orders.

Shopify is the second most popular eCommerce platform, and most of its social media orders come from Facebook. Boosting sales is a primary goal of this social media platform.

After viewing an Instagram advertising post, 21.75% of Instagram users have taken action, such as visiting a website.

Instagram is primarily a photo-sharing social network that focuses on images and photos being shared. It has evolved into a useful tool for companies looking to boost traffic and sales. Redirecting users to business websites is done very well.

After Instagram, Facebook, Twitter, and YouTube, the average order value for customers referred by Instagram is $65.00.

If you’re looking to increase sales, Instagram is the best place to do so. Instagram has a higher average order value of $10 than other social media sites like Facebook.

In the United States, 82 percent of Internet users have used a mobile device to conduct online transactions.

Since everyone has a smartphone, the number of mobile purchases continues to rise each year. Four out of five internet users in the United States have used their smartphones to make online purchases.

During the holidays, 40% of all online purchases are made on smartphones.

Traditionally, most of us would go out and do our holiday shopping in person, but that’s all changed in the last few years. Because mobile devices are so convenient, more than 40% of all holiday shopping is now done via mobile devices.

More than half of smartphone and tablet owners will use company-specific apps to shop, according to a new report.

Several of the world’s largest and most successful companies offer a free smartphone app to make online shopping more convenient, including Amazon, eBay, Walmart, and so on.

On Black Friday and Cyber Monday of 2018, eCommerce sales surpassed $2 billion, breaking the previous year’s record.

On Black Friday, online mobile Black Friday sales continue to rise. If this trend continues, it will soon overtake regular sales in terms of market share.

Internet retail minutes spent on mobile devices accounted for 44 percent, with 11 percent spent on tablet devices, and 45 percent spent on desktop computers

The amount of time spent in online stores by mobile and desktop users is currently equal. Tablet users only account for 11% of all time spent shopping online, but they account for up to 45% of total time spent.

46.5% of small to mid-sized businesses say that offering free shipping increases their profits.

Every online retailer includes shipping costs as an option. Customers prefer to shop at stores that offer free shipping, and it’s no surprise. Nearly half of all companies now provide free worldwide shipping on their products.

28 percent of people will immediately abandon carts if you require them to create an account.

Cart abandonment is a real problem, and complicated checkout processes are the most common culprits of it. You can cut down on that number by streamlining the checkout process as much as possible.

Using an optimized checkout design can increase conversion rates by 35 percent.

eCommerce websites can increase their conversion rates by up to 35 percent by making the checkout process more user-friendly. The smallest of details can have a massive effect.

An estimated $3 billion in annual revenue could be lost by eCommerce sites due to cart abandonment rates as high as 70%.

Cart abandonment costs eCommerce sites money in two out of three cases. Losses of this magnitude cost about $3 billion annually, demonstrating the importance of streamlining checkout procedures.

86 percent of cart abandonment occurs on mobile devices, followed by tablets (81 percent) and desktops/laptops (80 percent) (73 percent ).

Tablet and PC users aren’t far behind mobile users in abandoning carts. These numbers are expected to fall in the future as a result of better optimization and simpler checkout processes.

These are the top ten countries where people are spending money online billion dollars.

  • The United States – $340 billion.
  • $99 billion in the United Kingdom
  • Japan – $79 billion dollars
  • $73 billion for Germany
  • $ 43 billion in French money
  • the South Korean economy is worth $37 billion
  • Canada has a $30 billion budget.
  • $ 20 billion for Russia
  • $19 billion in revenue for the Brazilian economy

As you can see, some countries generate hundreds of billions of dollars in revenue from their online activities. China has $672 billion, followed by the United States with $340 billion, and the United Kingdom with $99. More than $100 billion is spent on online stores in the United States alone.

Conclusion

One thing is clear from the statistics: eCommerce platforms are essential. A strong online presence is now a necessity for most thriving businesses. eCommerce platforms are expected to grow year after year.

An online store is the best investment you can make if you’re still looking to increase sales and grow your business. No more physical stores or shops where you can buy products directly will exist in the future. Your company will grow faster if you make the switch as soon as possible.

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