Uploaded on Feb 22, 2021
In the last few decades, internet shopping has moved from becoming non-existent to being a multibillion-dollar business. Purchasing things online has been a popular occurrence for millions of people across the world. More lately, the people who are buying products and services online has grown more now than ever.
Top 4 Online Shopping Statistics You Should Know
Top 4 Online
Shopping
Statistics You
Should Know In
2021
https://www.gobazzar.com/
Introduction
In the last few decades,
internet shopping has moved from
becoming non-existent to being a
multibillion-dollar business.
Purchasing things online has been a
popular occurrence for millions of
people across the world. More lately,
the people who are buying products
and services online has grown more
now than ever.
How Many People
Shop Online?
An unprecedented 1.8 billion people worldwide
bought merchandise online in 2018. (Statista,
2018). Global e-retail revenues in the same year
contributed to $2.8 trillion. If that's not enough to
sweep you away, forecasts suggest that global e-
retail revenue will climb to $4.8 trillion by 2021.
The rise in shopping online is literally remarkable.
And it doesn't feel like it'll calm down at this point.
This is fantastic news for you, even if you're an
online shopper or an online seller.
The justification for selecting online shopping may
vary from ease to reasonable pricing. In relation to
that, internet retailers do their hardest to ensure
their online retail experiences complement in-
person shopping experiences.
Consumers Shop
through Mobile
It's no surprise that smartphone shopping
is on the increase. Consumers use their
mobile devices for all stages of the
consumer experience, including different
online shopping events.
As per the 4th quarter of 2018, laptop
PCs accounted for nearly the same
volume of global e-retail purchases as
smartphones. However, when it comes to
retail website visits, smartphones got the
lead and became the number one
platform that people used to view retail
websites.
Most Popular Online
Payment Method
eWallet is the favoured mode of
payment for online shoppers globally.
Over more than 42% of online
shoppers have been paying using this
form (Payments Cards And Mobile,
2019). Second place is followed by
credit cards and debit cards as the
third most common method of
payment.
Conclusion
But make sure you have the above
online shopping stats in mind when
you're searching for the
best online shopping sites in 2021,
like GoBazzar.
THANK YOU
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