E-commerce statistics give us a brief look at the numbers of the e-commerce sector. By the year 2020 analyst estimate that e-commerce sales will eclipse 4.6 trillion US dollars. This will be a tremendous growth. Some people attribute this growth to the rising popularity of smartphones and the internet in developing countries. The Asian market is set to have the largest number of both internet and e-commerce shoppers. The United States alone is going to have north of 200 million e-commerce shoppers.
E-commerce statistics on mobile shoppers
E-commerce statistics numbers are set to grow. In the United States alone e-commerce mobile shoppers are set to reach 174 million by 2019. This makes the e-commerce sector a good sector to target in the United States. This means that e-commerce businesses will have to optimize their ads in order to target mobile users. According to the business, insider men are more likely to buy products on mobile devices than women.
More e-commerce statistics
Women are more likely to shop online than men. For every $10 spent online $6 is spent by women whilst $4 is spent by men. People aged between 18 and 35 years spend an average of $2000 online. This makes them the most targeted age group for e-commerce. This generation does the most shopping online. Brick and motor retailers are not going to be replaced by e-commerce anytime soon. Although companies such as Amazon have a market capitalization more than Walmart, however, Walmart generates 4 times the amount of revenue.
E-commerce statistics on customer behavior
E-commerce statistics on customer behavior is important to monitor. This is how sellers know what to sell to their customers. Without statistics, businesses won’t have the capacity to analyze customer behavior in order to offer the best services to their customers.