Over 4.3 trillion clicks happen each year in the USA. The e-Commerce industry has become a major part of worldwide consumerism and is now baked into popular culture and daily life. Companies like Amazon and Ebay are household names and often the first choice when something – anything – needs to be purchased.
Estimates place worldwide eCommerce sales at $1 trillion in 2012, a 26% increase from the previous year. With eCommerce representing such a massive money-making opportunity with relatively few barriers to entry, it is no surprise that this industry experiences more disruption than many others – often leading to wild swings in consumer trends.
- Global eCommerce sales are growing by more than 19% a year and will be of almost $1.4 trillion by 2015.
- United States’ eCommerce sales surpassed $200 billion in 2012. US mobile commerce will total $10B in Q4 2013.
- eCommerce is predicted to represent 10% of all US retail by 2017.
- More than 85% of online population has used internet to purchase something. 50% of the online population has purchased online more than once.
- 61% of global internet shoppers are loyal to the online retailers they use.
- 75% of online shoppers use Credit/debit cards for online shopping.
- 73% of consumers prefer online shopping because it is time-saving. 71% of shoppers believe they’ll get a better deal online than in stores.
- Approximately 46% of online users count on social media when making a purchase decision. Online sales from social networks will grow 93% percent per year within the next four years.
- Consumers spend between $1,200 and $1,300 on online shopping per year.
- During the third quarter of 2012, $4,423 was transacted via Paypal, per second.
- There are more than 178.5 million consumers in USA and will grow to 201.1 million by 2015.
- 54% of online shoppers are of age group 18-30 years.
—Shane Wagoner, Director of Dealer Marketing