We all know that online shopping sites in USA is a big deal. The e-global trade world is actually overflowing right now in a very positive way. In fact, one of the biggest growth factors in the tourism industry is the services associated with online shopping forums and the convenience stores they use. Sales have gone up, more buyers are moving away from traditional sales, and online stores are thriving.
E-commerce Will Make More Than $ 3 Trillion In Sales In 2019!
According to reports published by eMarketer, online sales of goods and services are expected to exceed $ 3 Trillion by 2019. This anxiety rate represents more than $ 500 billion in growth from sales in 2018 to $ 2.5 trillion in total revenue. What is really crazy is that sales are expected to reach $ 5 trillion by 2021.
Online Shopping and Technology Statistics
There are many trends that have emerged back in 2018 and continued to be known in 2019.
Chatbots are one example. 60% of users used chatter to get answers in the last 12 months. And with Millennials, the chat box is a popular support channel.
The main reason why conversations are so popular is that when people are looking for answers, speed is always part of the equation. When people are waiting to speak to a service provider on the phone, it only takes 11 minutes before they get frustrated and hang up. On the other hand, the chatbot will respond within a few seconds.
The Power of Free Shipping
There are several ways to impress and attract online shoppers. Whether it offers discount promotional codes, creating BOGO sales (Buy One Get One), or simply pricing and depending on volume sales, online retailers are becoming increasingly difficult these days.
However, according to a recent census, more than 55% of online shoppers said they were more likely to shop online if free shipping was offered. Many of them go on to say that they would prefer to pay more for their goods as long as they are free of charge.
Internet Security? What is that?
We all know that online shopping is popular, but did you know that about eight out of ten (or 79% of American citizens) currently do not shop online? That is the number of stars and has been reducing sales for a while now.
In 2002, however, less than 20% of Americans relied on the Internet to buy. Since then, many recent developments have taken place. Advanced cybersecurity protocol, including the development of SSL certificates for online platforms, has restored and improved consumer confidence.
Online shoppers are fast
It is a well-known fact that many consumers have embraced the concept of Veruca Salt – they want it NOW. That includes online shopping for women.
According to Forbes, if an online platform takes more than 3 seconds to load during that first trip, 40% of consumers will shut down and choose their competitors. Therefore, investing in robust, flexible online platforms and hosting services that ensure that lightning loading time is more critical than ever for online retailers.
Opportunity for Home Business Growth
While it seems that everyone is taking advantage of online marketing opportunities, this is not really the case.
You may be surprised to find that about 60 percent of all small businesses do not have a website. What’s really shocking is that 50% of consumers looking for local services do so by searching online for a location.
