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May E-Commerce Sales Up 81%, But Total 2020 Retail Sales Still Expected To Drop 10.5%

Retail TouchPoints

Brick-and-mortar stores are beginning to reopen in some geographies, but e-Commerce is still riding high: online retail transactions grew 81% year-over-year in May, led by sportswear and sporting goods ( 216% ), housewares and DIY supplies ( 190% ) and gaming ( 84% ), according to ACI Worldwide. retail sales.

eCommerce 172
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Adobe: As U.S. Ecommerce Booms, Global Online Spend Projected to Reach $4.2 Trillion in 2021

Retail TouchPoints

This data indicates a sales surge almost on the level of Black Friday 2020, when consumers spent $9 billion. And that wasn’t any normal Black Friday either, capping as it did a year of record growth in online retail propelled by the pandemic. Only Phenomenon: Global Ecommerce Set to Reach $4.2 Trillion in 2021.

eCommerce 211
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The Top Ecommerce Trends You Need to Know About for 2020

SellBrite

40% of the world’s internet users have purchased products online, which amounts to more than 1 billion online buyers. And ecommerce sales in the United States alone accounted for more than 11% of all retails sales in the third quarter of 2019. The ecommerce business is booming and will continue to grow in 2020.

eCommerce 184
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What COVID-19 Has Taught Us About eCommerce Spending

RetailMinded

Although some shoppers will be looking forward to returning to their favorite brick-and-mortar retailers, others may now be inclined to still shop from the comfort (and safety) of their couch. However, these consumer shopping behaviors vary from shopper to shopper and even between retail segments. Consumer Electronics.

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Ready to Go Global? Ask These 5 Questions First

Retail TouchPoints

In fact, research from ESW found that 54% of Gen Zers and 56% of millennials believe it’s “irrelevant” whether an online retailer is located overseas or not. Moreover, these younger consumers shop across borders twice as often as Gen X and three times as often as Boomers.

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Retail media’s rise, eComm profitability pressure, and more — Profitero press highlights

Profitero

Here are snippets from Profitero’s recent press coverage, which demonstrate how our eCommerce analytics and expertise are helping brands spot some of the biggest trends happening across the digital landscape. Retail media’s rise. What are some hot themes emerging in the digital space? Excerpted from Forbes. Excerpted from Forbes.

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COVID-19 Impacts on eCommerce Marketing Key Performance Indicators

Inflow Insights

We continue to see the impact of COVID-19 on eCommerce marketing and key performance indicators. Trends are changing rapidly and have significantly changed since we last reported on how eCommerce brands are navigating the storm. What has been the impact on eCommerce? . Key Performance Indicators – Consumer Goods.