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 Click Here to Know More
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