Online Shopping Growth

ONLINE S HOPPING Online shopping describes the process of consumers u buying goods and services over the internet. . Shopping online offers a wide range and variety of advantages for consumers, it is often most of the time really fast, cheaper and more convenient and the product range which is now available online is virtually infinite, this includes clothes, books, toys, movies and music (both digital and physical), groceries and the list of things goes on and on Online shopping retail sales are predicted to grow steadily to Consumers ages SALES 25-34 SHOP ONLINE $370 BILLION lead the way in smartphone usage in-store, comparing prices, reading reviews, buying products, and engaging with brands on social media while in physical stores. OPEN 24H BEST PRICES in 2017 CO 72% of Millennials research and shop their options online before going to a store or the mall. SHOP ONLINE 50% 36% of Millennials say r fems that hey say they only buy items they deem necessary--for which one-third are willing to pay full price. CO on buying. Adults 50 years old and above represent the Web's largest constituency, comprising Online retail revenue saw an 11% 13% year-over-year growth rate for the first quarter of 2014 1/3 of the total with online orders up compared to the same quarter last year. 195.3 MILLION Internet users in the U.S. ...... .... .... In the first quarter of 2014, retail řevenue generated via a mobile device was up Forrester found that 3/4 ar 57,499 35% uw U.S. online adults surveyed had ordered products or services online. And while Gen Y adults (ages 24 to 32) are the most likely to have done so, Gen Xers (ages 33 to 46) spends the most. over last year's first quarter .... Overall, satisfaction with online shopping is high, at With an average $561 STORE 83%. in spending, Gen Xers spend about more online than Gen Yers ($489), and roughly 15% 25% 70% more than the average online adult ($449) Sources- http://www.businessinsider.com/the-surprising- đemographics-of-who-shops-online-and-on- mobile-2014-6 http://www.statista.com/topics/871/online- shopping/ http://www.cmo.com/articles/2014/5/6/Mind_Blow ing_Stats_Online_Shopping.html Brought to you by- Couponcodeday.om Saving starts Here!