How Many Sales are Made Online?
E-Commerce Sales Accounted for 11.9% of All Retail Sales Worldwide
Considering that more than a tenth of all retail sales are made online, you can’t underestimate the importance of continuously optimizing your online store.
Online shopping is becoming more popular than ever, and by 2021, e-commerce sales are expected to reach 17.5% of retail sales worldwide.
This means there’s more potential for e-tailers to increase traffic and conversions…
…And a chance to create a better online experience (an area most online stores fall short).
Takeaway: Prioritize user experience above all. A compelling value proposition is worth nothing if visitors have a bad experience on your site. This is especially important when it comes to your checkout flow.
More 2018 Stats
88% of Online Shoppers Will Use Webrooming to Find the Best Price
As of Q2 2018, 2.86 Percent of E-Commerce Website Visits Converted into Purchases
$6.8 Billion Dollars Are Lost Annually as a Result of Slow-Loading Website
7 Top Converting Companies Spend More than 5% of their Budgets on Optimization
Americans Spend 36% of their Shopping Budget Online
Only About 22 Percent of Businesses are Satisfied With Their Conversion Rates
More than Three-Quarters of Online Shoppers Would Like their Orders Shipped the Same Day
For Every $92 Spent Acquiring Customers, only $1 is Spent Converting Them
More eCommerce Strategy Stats
40% of US Males Aged 18-34 Say They Would “Ideally Buy Everything Online”
60% of Online Shoppers Abandon Their Carts Because of Unexpected Extra Costs
On Average, 52 Percent of Online Stores have Omnichannel Capabilities
Nearly Half (48 percent) of Online Shoppers Simply Head Straight to a Large Ecommerce Marketplace
There Are More Than 254 Million Active PayPal Accounts in The World
81% of Shoppers Research their Product Online before Purchasing
The Average Order Value of B2C Online Order is $52
Mobile Ecommerce is Expected to Account for 67.2 Percent of Digital Sales in 2019
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