Why Growth of eCommerce Sales Increases Year By Year?

FACTS DID YOU MORE THAN 80% OF ONLINE KNOW MORE THAN 50% OF ONLINE POPULATION HAS USED INTERNET POPULATION SHOPPED TO PURCHASE SOMETHING ONLINE MORE THAN ONCE Why Consumer Prefer Shopping Online ??? Time Saving Less Taxes 73% 73% Spend Less on Gas 40% Easy to Compare Prices 59% More Variety No Crowd 67% 58% Less Prices Other 55% 03% in E-Commerce Sales Growing at 10% a Year 279 jj 259 !! 240 218 197 176 157 2009 2010 2011 2012 2013 2014 2015 Numbers (in billions USD) Number of Online Consumers in USA 2009 163.1 172.3 2010 2011 178.0 184.0 2012 2013 189.0 195.0 2014 Numbers (In Billions) 2015 201.0 Global Ecomm Sales % by Region EU 34% USA 29% ASIA 27% The Growth of ECOMMERCE What's Driving E-Commerce Growth? • Proliferation of Smartphones and Tablets. 10 • Retailers' increased investments in SALE their online marketing channels and digital marketing budgets. SALE According to research eccommerce generated 13% increase $262B in 2013 $231B in 2012 2012 2013 US Online Retail Forecast $370 $345 Online Retail Sales will $319 grow at a compounded annual rate of 10% from 2012 to 2017 $291 $262 $231 By 2017, the internet will account for 10% of US retail sales. Source : Forrester Research sales in billions 2012 2013 2014 2015 2016 2017 201.1 Growth in number of US 195.4 Consumers Shopping Online 189.6 will continue to increase 201.1 184.6 178.5 195.4 172.3 Most of the projected sales growth will come from veteran 189.6 163.1 184.6 178.5 172.3 online shoppers. 163.1 2009 2010 2011 2012 2013 2014 2015 Source : *eMarketer, March 2011, Number of shoppers in millions and % of internet users Payment types used by online Shoppers Credit Cards 40% Debit Cards 35% E-Wallets 35% Bank Transfer 40% Cash on Delivery 35% Prepaid Cards 35% Mobile E-commerce Growth Numbers (In Billions) 1.2 2.4 4.4 7.4 11.7 17.5 23.8 Years 2009 2010 2011 2012 2013 2014 2015 Source for eComm : http://blog.flurry.com/bid/93560/ http://Mobithinking.com/ http://www.rapidmarketplace.com/ Softweb Solutions Softweb Solutions 2531 Technology Drive, Suite 312, Website : www.softwebsolutions.com Email : [email protected] Phone : (866) 345-7638 Elgin, Illinois 60124