eCommerce is holding some of the biggest opportunities online in the upcoming years. Statistics do not lie – It gets you the best way out of all confusion, helping you draw well-informed strategic insights. And, that’s what makes this article a “must-read”.
Due to the pandemic, the eCommerce numbers have grown like crazy in the last 2 years. Though 2021 witnessed a slight fluctuation compared to 2020, data clearly indicate that there is no slowing or stepping down in the future of eCommerce.
Today, online shopping has acquired a considerable amount of market share from traditional brick-and-mortar retail businesses. With a lot of room to grow, eCommerce is unfolding new dimensions in the form of m-commerce and social commerce.
In this blog, you will be learning some unbelievable statistics that will convince you to sell online. These eCommerce statistics are sure to help you get prepared for 2022 and the upcoming years as well.
So, let’s get started.
Online businesses have taken over the traditional ones in the past few years. This rapid shift has pushed retailers to take advantage of the various online channels available to surge growth.
Tracking the global e-commerce statistics fosters business owners both B2B and B2C to calibrate their marketing efforts.
Getting consumers to successfully complete their online transactions is getting harder each day. Understanding the consumer behavior and the various reason why they abandon the transaction can increase your revenue.
Here are a few noteworthy stats on consumer shopping behavior.
Among the evolving trends, classic email marketing is still the primary strategy to drive sales. The big returns from minimal investment, opportunities for personalization, and direct contact make it the most sophisticated tool to reach customers.
The increasing use of social media is having a great impact on eCommerce these days. Social media’s direct and indirect influence on the shopping behavior of customers is opening up new challenges and opportunities for businesses.
With 1 in 3 people using Facebook, eCommerce retailers are extensively utilizing this platform to grow and inspire customers to shop. The Facebook marketplace is constantly making selling more easier for businesses with its array of tools and features.
Who wouldn’t like to shop while just effortlessly scrolling past photos? With more than Billion users, Instagram boasts tons of sales opportunities. Easy user engagement of this platform generates 4X more interactions than Facebook. Below are a few numbers that can back this up.
The above statistics clearly flaunt the future scope for e-commerce. Keeping these 27 e-commerce statistics in mind while making a business decision is sure to supercharge your business.
We’re at a point where brands need online presence not just to sell their products, but also to build a flourishing business. Soon, we can expect all physical stores to have a parallel online presence or switch completely into online stores.
So, don’t delay anymore. If you’re looking for an affordable and effective way to boost your sales, going online is the best thing to do.
Feel free to reach out to The Commerce Shop for all the assistance you need switching your business online.