E-commerce Statistics tips for Strategic Planning in 2019
by Jay Dee AndolaSoftOwning your own eCommerce
business? Then this is a must-read article for you. Whether you own your an
online business or in-store one, you should be aware of the current e-commerce
trend and where the market is going in-order to expand your business and get
more sales. The below mentioned points will update your pre-existing knowledge
on e-commerce and will remove the pre-existing notions that you have. On the
whole, it will help strengthen your strategies for e-commerce marketing and in
expanding your business.
E-commerce
Statistics Tips
In order to study the
E-commerce trend and get your business going accordingly, you should have
knowledge about the following points
·
General Facts
·
Online Shopping trend
·
Mobile-based e-commerce
statistics review
·
Behavioral study of the shopper
General
facts
Here are a few general facts
that you should take into consideration while developing e-commerce
strategies for your business.
·
The total value of global retail
e-commerce sales
·
More than 10% of global
retail sales will be covered by e-commerce
·
There are about 12-24 million
global e-commerce sites
·
Credit cards are the most
preferred form of payment
The total value of Global
retail e-commerce sales
E-commerce statistics report a
steady rise in global e-commerce sales. And this rise is speculated to reach
over $4878 billion in 2019. (Source: Statista)
More
than 10% of global retail sales will be covered by e-commerce
There is constant and steady
growth in the field of e-commerce retail sales. While e-commerce accounted for
only 7.4% of total retail sales in the year 2015, it has shown a remarkable
increase and accounted for more than 10% of e-commerce sales in the year 2019.
More
than 12-24 million global e-commerce sites
There are a huge number of e-commerce companies in
the world. Actually, there is no particular definition of an e-commerce
company. There are companies which have a business online and sell their
products on their website. There are other e-commerce companies like Amazon,
Flipkart, Alibaba, etc. and companies who have their site but do not really
sell anything online. All these companies altogether account for about 12-24
million global e-commerce sites.
Credit
cards are the most preferred form of payment
According to a survey most of
the online shoppers prefer credit cards as their mode of online payment. This
is followed by electronic payment with sites like PayTM and then follows
payment with Debit cards and cash on delivery.
Online
shopping trend
As per the notice, here are the
few shopping trends that are observed in the shoppers throughout the world.
·
Men shop more from e-commerce
sites than women
·
The most active online shoppers
Read the main article on Andolasoft Blog.
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Created on Jun 13th 2019 06:00. Viewed 372 times.