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U.S. Retail Ecommerce Sales are Expected to Surpass 735 Billion by 2023
Statistic Info
This is up from $504.6 billion in 2018. Apparel and retail sales alone in the United States are projected to be more than $138.7 billion by 2022.
This statistic gives information on retail e-commerce sales in the United States from 2017 until 2023. In 2018, online sales of physical goods amounted to 504.6 billion US dollars and are projected to surpass 735 billion US dollars in 2023. Apparel and accessories retail e-commerce in the U.S. is projected to generate over 138.7 billion U.S. dollars in revenue by 2022. The United States rank behind several countries in terms of e-commerce sales as percentage of total retail sales – in 2016, almost a fifth of China’s retail sales occurred via the internet, compared to only 8.1 percent in the United States. The UK, South Korea, and Denmark are also ahead of the U.S. in terms of retail e-commerce share.
More 2018 Stats
79% of B2B Marketers Credit Email as the Most Effective Distribution Channel for Demand Gen Efforts
$6.8 Billion Dollars Are Lost Annually as a Result of Slow-Loading Website
88% of Online Shoppers Will Use Webrooming to Find the Best Price
More than Three-Quarters of Online Shoppers Would Like their Orders Shipped the Same Day
Small retailers may see up to 30% higher mobile conversion rates compared to large retailers.
Calls to Businesses are Worth 3X More Than Clicks to Websites
Emails with a Single Call-to-Action Increased Clicks 371%
47% of People Expect a Web Page to Load in 2 Seconds or Less
As of Q2 2018, 2.86 Percent of E-Commerce Website Visits Converted into Purchases
30% of Demand Generation Professionals Say that Pipeline Influence is their Top Indicator
More eCommerce Market Stats
1.79 billion people worldwide are expected to buy goods and services online in 2018.
34% of online shoppers are Gen Xers and are between 35 and 54 years old
42% of U.S. Consumers Have Searched and Purchased Products or Services Online
More Than 60 Million Businesses Have a Facebook Page
Email Marketing Contributes to 20% of Traffic Driving Ecommerce Sales
79% of Customers Order Online Via a Mobile Device
There Were 1.66 Billion Global Digital Buyers in 2017
30% of Online Shoppers are Millennials are are Between 18 and 34 Years Old