Do Many People Really Use PayPal?
There Are More Than 254 Million Active PayPal Accounts in The World
This is a 15 percent year-on-year growth compared to 220 million in 2017.
With PayPal, prospects can buy products online without having to pull out their credit card which simplifies the checkout process.
The quicker and easier a prospect can go through your checkout, the more likely they are to complete their purchase.
But this doesn’t mean credit card payments are dead.
In fact, 42% of online shoppers prefer to pay with their credit card.
Giving visitors multiple payment options will increase conversion rates, and reduce cart abandonment.
Takeaway: Survey your customers and find out what their preferred payment options are. The more relevant options you offer, the more money you stand to make.
More 2019 Stats
Landing Pages with Multiple Offers get 266% Fewer Leads than Single Offer Pages
Younger People Spend More Time Shopping Online than Older People
Nearly Half (48 percent) of Online Shoppers Simply Head Straight to a Large Ecommerce Marketplace
Only 15 percent of sales calls add enough value, according to executives surveyed.
Generation X Shop More Online Than Baby Boomers and Millennials
65% of Consumers Look Up Price Comparisons on Mobile While in a Physical Store
A Typical Website Conversion Rate is about 2.35% on Average
People are Searching Google for the Phrase “Conversion Rate Optimization” More than Ever Before
It’s Estimated that there will be 1.92 Billion Global Digital Buyers in 2019
65 Percent of Shoppers Look up Price Comparisons on their Mobile Device While in a Physical Store
More eCommerce Strategy Stats
40% of Millennials Have Used Voice Search Before Making a Purchase Online, According to Studies
Responsive Design Integrates Social Media
33% of B2C Ecommerce Website are also Conducting B2B Transactions
As of Q2 2018, 2.86 Percent of E-Commerce Website Visits Converted into Purchases
Mobile Shopping Hit $2 Billion on Cyber Monday
Abandoned Cart Emails Sent within 20 Minutes Have an Average Conversion rate of 5.2%
22% of Online Retailers Still Don’t have a Mobile-Friendly Website
26% of Shoppers are Likely to Share a Product on Social Media after Purchase
33% of US Females Aged 18-34 Say They Would “Ideally Buy Everything Online”
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