Ecommerce Growth Statistics

Ecommerce statistics continue to show that online shopping is growing exponentially year over year.

Key points to consider

Pure-Ecommerce believes and the statistics back us up, that there will be incredible growth in ecommerce and that makes taking advantage of one of our online business opportunities an ideal investment in your future.  Just consider the following:

  • In 2017, retail ecommerce sales worldwide reached $2.304 trillion, a 24.8% increase over the previous year, eMarketer estimates. [eMarketer]
  • Ecommerce made up 10.2% of total retail sales worldwide in 2017, up from 8.6% a year prior. [eMarketer]
  • In 2021 global ecommerce is expected to hit $4.88 trillion, while in the U.S. it is forecast to reach $485 billion. [Statista]
  • Statistics show over 1 billion, approximately 40% of worldwide internet users, have bought products or goods online. [Statista]
  • On average, Millennials now make 54% of purchases online versus 49% of non-Millennials. [UPS]
  • 95% of online shoppers are between the ages of 18-74. Millennials (ages 18-34) account for approximately 30% of the online shopping population. Meanwhile, members of GenX (ages 35-54) account for 34% of the online shopping population, trailed by Boomers (ages 55-74), who are 31% of the online shopping population. [Verto Analytics]

Cyber Monday continues to dominate

Cyber Monday 2017 was the largest online sales day in history with total sales of $6.59 billion. This marks a 16.8 percent year-over-year increase.

Black Friday and Thanksgiving Day brought in $5.03 billion and $2.87 billion in revenue respectively.

Web traffic to retail sites increased by 11.9 percent on Cyber Monday, with the season average at 5.7 percent. M-Commerce set a new record with 47.4 percent of visits (39.9 percent smartphones, 7.6 percent tablets) and 33.1 percent of revenue (24.1 percent smartphones, 9.0 percent tablets).

Smartphone traffic specifically grew 22.2 percent year-over-year while revenue coming from smartphones ($1.59 billion) saw 39.2 percent growth year-over-year, a new all-time high. [Adobe]

Cyber Monday continues to dominate retail sales

Posted by admin 03/14/2017 0 Comment(s)

Clearly, consumers will drive ecommerce into the future, especially where e-retail is concerned. In just a few short years, spending will be more profitable than ever, with mobile and social venues allowing consumers to shop at their convenience. For retailers, this means all utilizing all these tools – social networking, website optimization, and marketing.

At Pure-Ecommerce, we will train you on every aspect of setting up, running and marketing your online business with our exclusive 10 step training program and 40 hours of step by step consulting.  What are you waiting for?  Take advantage of one of our work from anywhere business opportunities today!  Check out our latest collection of internet businesses for sale and find out more about the exceptional services we have to offer you!  Your key to owning an ecommerce business is waiting for you!