Remove 2016 Remove Consumer Remove Conversion Optimization Remove Shipping Costs
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This is Why You Need to Stop Competing Against Amazon to Win Online

Demac Media

You know it and I know it, but it’s always fascinating to break down the actual numbers behind Amazon’s success to see how well they’re doing: Amazon accounted for 43% of US online retail sales in 2016. Amazon shares hit a high of $1000 in early 2017 , with stocks up 40% from 2016. 52% of consumers (in the U.S) Inspiration.

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Ecommerce Statistics

Ecommerce Platforms

42% of marketers say interpreting results is the biggest challenge in conversion optimization. is the average conversion rate for websites viewed on tablets, versus 1.9% Average ecommerce conversion rates vary from 3% to 4%. Conversion rates on smartphones (1.5% SearchEngineland, 2016). Techcrunch,2016).

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How to Improve Ecommerce Conversion Right Now

BigCommerce

Due to shoppers’ tendency to form their opinion based on their first exposure to the website, web design is the area where no expense (within reason) should be spared to make your website look as professional as possible. While competing on price is an option, it’s self-destructive and eats into your profit margin.

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How Coronavirus (COVID-19) Is Impacting Ecommerce [December 2021]

ROI Revolution

Shipping, inventory, and fulfillment are the basic underpinnings of a business that must work flawlessly for marketing & advertising to be worth it – and they are all in flux right now. Last year, consumers moved toward digital more quickly than ever in light of the coronavirus pandemic. December 2. billion in revenue.

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How Coronavirus (COVID-19) Is Impacting Ecommerce [March 2021]

ROI Revolution

73% of consumers using D2C ecommerce over the course of COVID-19 plan to continue post-pandemic ( McKinsey ). With consumers more concerned about their discretionary spending, the online resale apparel market is projected to double by 2024 ( Statista ). Consumers spending 1 more hour per day online in light of COVID-19.

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How Coronavirus (COVID-19) Is Impacting Ecommerce [August 2021]

ROI Revolution

Consumer spending habits returning to normal. Mastercard reports that their Q2 2021 revenue surged 36% over last year, a confident indication that consumer spending is rebounding after the pandemic made shoppers wary of making discretionary purchases. billion in consumer spending in Q2. Still, overall, 62.5%

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How Coronavirus (COVID-19) Is Impacting Ecommerce [October 2020]

ROI Revolution

Consumers spent nearly $212 billion on ecommerce between April and June 2020 according to new data from the US Department of Commerce. BOPIS also brings consumers the immediate satisfaction of receiving their item almost immediately without having to search for it in the store or wait for it to be shipped. 9/28 update.

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