10 Stats That Show You Should Sell Online

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Hlionepatch
10 Stats That Show You Should Sell Online
Selling online is one of the most effective ways
to become successful in the modern world of
business. It is growing at a rate so rapid that
it is becoming more dominant on the marketplace
by the day. There are a combination of factors
that make Ecommerce too good to miss out on.
Factors such as popularity, security and
flexibility. However, it is the stats that
confirm it as the best way to sell your products
and services. They will give you the information
and confidence needed to start your online
selling journey ASAP.
1. Most Internet Users Buy Online 2. In The
Future Nearly All Purchases Will Be Online 3.
Most Shoppers Think Better Prices Are Online 4.
Most Small Businesses Didn't Have A Current Web
Presence 5. People Would Rather Return To A
Website They've Purchased Before 6. Multi-
Channel Shoppers Spend More Than Single-Channel
Ones 7. Massive Amount Of Online Transactions
Were Made On Mobile 8. Most Are Unlikely To
Return TO A Brand After A Bad Mobile
Experience 9. Amazon Has Millions Of Visitors
A Month 10. Ebay Apps Have Been Downloaded
Millions Of Times 1. 80 Of People Who Use The
Internet Buy Online This is the most important
statistic on the list. It perfectly emphasises
why you should sell online- the sheer scale of
the market you can potentially sell to. As of
March 2019, well over 4 billion people actively
use the internet for whatever purposes they see
fit. This means that (80 of 4 billion) around
3.2 billion shop online.
2. By 2040 It Is Thought 95 Of Purchases Will Be
Online
The expected potential of selling online is
seemingly endless. It is gradually taking over
the entire retail market. In 20 years time it
will have an almost total grip on the way we buy
and sell. Therefore, if you work in retail,
ensure you become a part of the online market so
you can ride the Ecommerce wave of success as it
gets bigger and better.
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3. 71 Of Shopper Believe They Will Get Better
Prices Online
A big reason for the popularity of online
shopping. The almost unlimited options of the
internet compared to a shopping centre/ high
street allow for bargains, sales and discounts to
be discovered . Try and take advantage of this by
offering online buyers the kind of special
discount that would be hard to come by in a
physical store.
4. 46 Of Small Businesses Didn't Have A Web
Presence In 2018
This stat should inspire small businesses
everywhere to take their products/services
online. As so many of your competitors will
likely not have a website, it will give you an
edge over them. It will also create a loyal
customer base as they can access your app
instantly from anywhere with an internet
connection, allowing them to use it at their own
pace.
5. 30 Of People Would Rather Return To A Website
They've Purchased Before
This should give some sense of security to online
shoppers. If they sell online the right way, then
the odds that they will keep making sales are
looking favourable. If you provide a customer
with a satisfactory product/service, it is likely
that they will return at later date to
repurchase. This allows you to build trust and
loyalty with customers, giving you an established
base to market your new business activities to.
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6. Multi Channel Shoppers Spend 3 Times More Than
Single-Channel Shoppers
If you are going to sell online, you need to do
it to the best of your ability to make it as
worthwhile as possible. This includes selling in
as many places as possible through the internet
(Amazon, eBay etc.). This will increase your
product/service's visibility and will therefore
increase the likeliness of sales.
7. Over 40 Of Online Transactions Were Made On
Mobile
This emphasises the major role mobile phones have
to play in online selling. They make online
shopping tremendously accessible and easy. This
has resulted in mobile users making up a huge
part of the online market. Therefore, it is vital
to ensure that your online store is as mobile
responsive, otherwise...
8. 52 Are Less Likely To Re-Engage With A Brand
After A Bad Mobile Experience
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If your online store does not comply with a
mobile format then you are at risk of losing
business. It will decrease customer satisfaction
and therefore conversions and sales. So always
make sure to maximise mobile experience when
creating your online store. It will retain mobile
traffic and encourage them to convert, because of
how easy your site is navigate on their mobile
device.
9. Amazon Has 184 Million Visitors A Month
With this many visitors, it is entirely justified
to call Amazon the epitome of Ecommerce. It is
the biggest and most successful online store on
the internet. Therefore, it is a great place to
start when you first begin selling online. It's
combination of user friendliness and huge
popularity all but guarantees sales for those who
sell on the platform.
10. Ebay Apps Have Been Downloaded 326 Million
Times
Ecommerce apps are extremely popular amongst
online shoppers. It can act as a direct marketing
channel/mobile store when downloaded by a user.
The app can be constantly checked to check for
any new product releases or restocks. Therefore,
an app would be a worthy investment by any online
retailer. It will make you stand out from
competitors and create a consistent flow of
traffic to your store.
Sources Selz, WP Forms, pure 360, SaleHoo,
BigCommerce
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