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Online consumer spending bounces back in June and July, as digital economy sees first year-on-year growth for seventeen months

365 Retail

Online price inflation for essential items is showing signs of slowing and prices for non-essential items like technology, toys and apparel are lower than they were this time last year, encouraging spend across these categories.” when compared with July 2022, falling from previous annual price increases of 8.1% in June, 9.7%

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

ROI Revolution

These are all categories that suffered at the height of the pandemic. Conversely, grocery saw the smallest YoY sales growth, with the furniture & furnishings sector declining 5.3%. Every category was up over 2019 except for lodging, which declined 2.5%. respectively. respectively. Ecommerce is expected to grow 13.7%

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

ROI Revolution

US online grocery sales surged 54% to reach $95.8 Grocery ecommerce now makes up 12% of all ecommerce sales ( eMarketer ). Online grocery orders peaked at $7.2 Grocery delivery and pickup grew almost 5x from August 2019 to November 2020, with the pandemic causing a surge in online grocery shoppers. Statista ).

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

ROI Revolution

The overall value of the benefits of implementing privacy and security initiatives rose 10% to $2.9 Digital ad spend in the electronics category will account for 9.2% Consumer electronics is the fastest-growing digital ad spend category, seeing 18% growth in 2020. last year, nearly 10% more than previous estimates.

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

ROI Revolution

Prime members can already shop with special discounts in categories like electronics, toys, home, and more. Amazon shoppers who buy from a small business before June 20 will also get a $10 Prime Day credit. Myriad categories saw significant growth, with apparel topping other industries at 667% year-over-year growth.

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

ROI Revolution

By 2024, annual paid ad spend is projected to hit $109.1 Prior to the pandemic, non-active casualwear made up over half of the overall apparel industry’s annual sales. 30% of online orders were picked up in-store compared to 10% in 2019. Online grocery has skyrocketed, as well. COVID-19 + Online Grocery Trends.

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

ROI Revolution

By 2024, annual paid ad spend is projected to hit $109.1 Prior to the pandemic, non-active casualwear made up over half of the overall apparel industry’s annual sales. 30% of online orders were picked up in-store compared to 10% in 2019. Online grocery has skyrocketed, as well. COVID-19 + Online Grocery Trends.

eCommerce 148