How Much Do You Spend Online Every Month?
$1 in Every $3 of Monthly Discretionary Income is Spent Online
Statistic Info
Clearly, ecommerce sites have a noticeable influence on how consumers spend their money seeing as how it takes up a third of their monthly discretionary income.
As the traditional consumer purchase journey continues to evolve, so too should the way merchants think about their sales opportunities. But where should merchants invest to take the most advantage of their consumers’ evolving buying preferences? BigCommerce conducted a global survey of nearly 3,000 digital consumers to find out.
Though respondents vary by age, income and region, one thing is for certain: omnichannel retail, or the process of selling across multiple physical and digital channels, is the new reality retailers must face. Merchants need to take advantage of that growing opportunity or risk being left behind.
More 2018 Stats
23% of Users Will Abandon Their Shopping Cart if they Have to Create a New User Account
Image and Voice Activated Search May Make up 50% of all Searches by 2020
Anchor Text CTAs (Clickable Text in a Hyperlink) Increase Conversion Rates by a Whooping 121%
40% of Millennials Have Used Voice Search Before Making a Purchase Online, According to Studies
More eCommerce Market Stats
1.79 billion people worldwide are expected to buy goods and services online in 2018.
Some Online Shoppers Make Purchases From Social Media
U.S. Retail Ecommerce Sales are Expected to Surpass 735 Billion by 2023
48% of all Ecommerce Transactions Are From Repeat Customers
More Than 60 Million Businesses Have a Facebook Page
37% of Shoppers Use Social Media to Influence Their Purchases
30% of Online Shoppers are Millennials are are Between 18 and 34 Years Old
42% of U.S. Consumers Have Searched and Purchased Products or Services Online