How Do You Transact?

33% of B2C ecommerce website are also conducting B2B transactions

Source
3dcart

Year
2019

Topic
eCommerce Strategy

Statistic Info

Here is what we found about current B2B online sales channels:

  1. 41% of B2B retailers expect B2B online sales to grow more than 25% in 2018.
  2. Reputation matters significantly for B2B retailers at both the awareness and consideration stage.
  3. B2B retailers have been online longer than the industry gives them credit for: at least 2 years and for most, upward of 5 years.
  4. Payment options are a vital part of the B2B ecommerce sales process, with checks and POs still heavily used. Mobile wallets are on the rise.

More 2019 Stats

The Average Conversion Rate in AdWords Across all Industries is 2.7% on the Search Network and 0.89% on the Display Network

Average E-Commerce Conversion Rates Vary from 2.8% to 4.5%

65 Percent of Shoppers Look up Price Comparisons on their Mobile Device While in a Physical Store

It’s 7 Times More Expensive to Acquire a New Customer via Paid Advertisement than Retain an Existing One

28% Shoppers Abandon Carts because of Unexpected Shipping Costs

Using Video on Landing Pages can Increase Conversion by 80%

Businesses with over 40 Landing Pages Generated a Whopping 12 Times More Leads than those with 1-5 Landing Pages

43% of E-Commerce Traffic comes from Organic Google Search

Abandoned Cart Emails Sent within 20 Minutes Have an Average Conversion rate of 5.2%

81% of Shoppers Research their Product Online before Purchasing