Ecommerce (buying things online) has become a huge part of most of our daily lives. It’s unbelievably convenient to log on to the internet from the comfort of your chair, check out the item you want and buy. Delivered straight to your home or office! As you will imagine, this means that ecommerce is growing rapidly. The ecommerce market is worth $220 Billion in the USA alone and growing by 17% per year with online retail sales set to hit $370 Billion by 2017. As you can imagine mobile ecommerce is growing as well, accounting for 19% of US retail ecommerce sales and expected to rise to 26% in 2017.
As well as the overall market this infographic has a wealth of statistics on ecommerce including social media, ecommerce conversion rates, customer retention rates, the effect of coupons and discounts, drop shipping and more.
Infographic originally published by AmeriCommerce