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U.S. Retail Ecommerce Sales are Expected to Surpass 735 Billion by 2023

Source
Statista

Year
2018

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

74% of Online Shoppers Rate Product Selection as Important During the Online Search Process

88% of Shoppers Characterize Detailed Product Content as Being Extremely Important to their Purchasing Decisions

48 hours after a virtual sales call, buyers only retain 10% of what you talked about.

Americans Spend 36% of their Shopping Budget Online

96% of Americans Have Made an Online Purchase in their Life

On an Average, Businesses Generate $6.50 For Every $1 Invested in Influencer Marketing

40% of US Males Aged 18-34 Say They Would “Ideally Buy Everything Online”

34% of online shoppers are Gen Xers and are between 35 and 54 years old

47% of Website Visitors Check Out a Company’s Products/Services Page Before Looking at any Other Sections of the Site

50% of Total eCommerce Revenue Comes from Mobile

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