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Today, 66% of online shoppers use smartphones to make e-commerce purchases, compared to 41% who use laptops and 25% who use desktop PCs. According to Insider Intelligence, mobilee-commerce sales are expected to account for 40.4% of retail e-commerce sales in the U.S.
To leverage this growth, TikTok launched the TikTok Shop, aiming to revolutionize the ecommerce experience on the app. And with recent updates to their fulfillment network and seller fees, TikTok Shop is poised to become a marketplace that will rival Facebook, Amazon, and Etsy.
According to The Balance, the average discount rates for BFCM hover between 20-30% , with Cyber Monday accounting for 20% of all holiday shopping revenue. Here are three tips for getting your site mobile-ready: Run it through Google Speed Test and select the “mobile” feature. Need Some Help?
These services include payments, analytics, marketing support, website hosting, site theme motifs, and shipping. There are even some hitting more than a hundred million in annual revenues. Studies have shown that slow loading sites can make customers abandon an online store, taking away precious revenue. Mobile-Friendly Site.
Having worked with hundreds of clients, we've boiled our experience of what works (and doesn't) into a few actionable eCommerce hacks to help you grow. Our Favorite eCommerce Hacks. Free Shipping & Reliable Fulfillment. Mobile Optimization. Free Shipping and Reliable Fulfillment. Abandoned Cart Workflows.
Mastercard reports that their Q2 2021 revenue surged 36% over last year, a confident indication that consumer spending is rebounding after the pandemic made shoppers wary of making discretionary purchases. It’s not just that shoppers are spending more – it’s also that they’re making more digital payments and fewer cash payments.
Keep coming back to this post as new trends, stats, news, and updates on coronavirus and ecommerce continuously roll in. Business being good isn’t always a good thing. billion in revenue. After surging nearly 20% last year in light of the pandemic, US retail ecommerce is expected to see smaller but still significant 8.7%
Alternative payment options have surged over the past year and a half after the coronavirus pandemic pushed consumers to be wary about high-contact shopping. Buy now, pay later (BNPL) is one of the myriad alternative payment methods that has seen the most growth since last year, with BNPL adoption up more than 81% year-over-year.
Touchless payment continues to grow. Contactless payment methods surged last year with the pandemic and consumers’ concerns around safety. Touchless transactions like proximity mobilepayment, buy now pay later, & BOPIS all surged with COVID-19 and are continuing to see growth even as the pandemic subsides.
Keep coming back to this post as new trends, stats, news, and updates on coronavirus and ecommerce continuously roll in. Business being good isn’t always a good thing. Where 2020 was ecommerce’s year to shine, nonecommerce sales took the crown last year. Ecommerce sales are projected to grow 15.9% billion in revenue.
After surging nearly 20% last year in light of the pandemic, US retail ecommerce is expected to see smaller but still significant 8.7% Revenue from ecommerce is expected to reach $469.3 US retail ecommercerevenue was just $285.9 Globally, consumer electronics ecommerce is expected to grow to $343.34
Globally, consumer electronics ecommerce is expected to grow to $343.34 By 2025, the global consumer electronics ecommerce market is projected to be worth over $511 billion. Consumer electronics saw nearly 16% revenue growth last year. Furniture and homeware ecommercerevenue grew by 14.5% billion last year.
Furniture and homeware ecommercerevenue grew by 14.5% million in revenue in this category. million in online revenue in 2021. By 2025, digital revenue from consumer electronics will pass $88.3 By 2025, digital revenue from consumer electronics will pass $88.3 million in total revenue in 2020.
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