ESW
SEPTEMBER 1, 2023
American consumers spent an astounding $1.29 trillion in online retail sales in 2022, yet roughly $212 billion worth of products — more than 16% of sales — were sent back in the form of online returns. So how can consumer electronics brands reduce the number of holiday returns this year? Buyer’s remorse: 13.6%
ESW
JANUARY 16, 2024
The flood of post-holiday returns is a perennial headache for brands and retailers. But returns also present opportunities for online retailers and brands. Brands and retailers should, of course, focus on reducing returns. Build loyalty In today’s competitive landscape, building brand loyalty is essential.
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SellBrite
OCTOBER 16, 2019
Consumers have spent $3.53 trillion worldwide with online merchants so far in 2019, and B2C ecommerce — or business-to-consumer electronic commerce — sales are only expected to increase in coming years. Establish a loyalty or reward program.
Ecommerce Platforms
NOVEMBER 9, 2018
Be aware of these shopping cart statistics: 73% of customers are likely to look for free shipping options. the highest cart abandonment rate is in consumer electronics, around 74%. Need more inspiration on how to sell online? It's not uncommon for online retailers to lose around $3.5
ROI Revolution
DECEMBER 2, 2021
Latest stats: Consumer electronics + COVID-19. Consumers spent nearly 8 hours online per day – up over an hour from the year before and 90 minutes from 2018. In line with that increased digital time, the consumer electronics industry has seen some significant growth. billion in online sales last year.
ROI Revolution
JANUARY 5, 2022
Latest stats: Consumer electronics + COVID-19. Consumers spent nearly 8 hours online per day – up over an hour from the year before and 90 minutes from 2018. In line with that increased digital time, the consumer electronics industry has seen some significant growth. billion in online sales last year.
ROI Revolution
OCTOBER 7, 2021
Latest stats: Consumer electronics + COVID-19. Consumers spent nearly 8 hours online per day – up over an hour from the year before and 90 minutes from 2018. In line with that increased digital time, the consumer electronics industry has seen some significant growth. billion in online sales last year.
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