Shopping Goes Digital

Shopping Goes Digital The following infographic will show the online shopping trends of 2013 and further indicates what we can expect in 2014, on its basis. E-commerce sales are taking the world by storm, so it is the high time to sell online. The following statistics will help you realize the importance of setting up online stores and how profitable your online business can be. 67% of the US population made an online purchase during 20I3. By 2016, it is expected that an average US citizen will spend $1,738 online per year. It is also estimated that by 2017, more than 10% of US Retail Sales will be done online. US online Retail Sales forecast for 2014-2017 in billions: 2017 $467 Billions 2016: -.............. $394 Billions, 2015: $345 Billions, 2014: $300 Billions, By 2015, Social Commerce is expected to see a of US $30 billion. surge Whereas: Mobile Commerce revenue is expected to escalate to $71 billion by 2015. US Retail Mobile Commerce Sales Forecast for 2014-2017 in billions: 2017: $103 Billions 2015: 2016: $71 $91 Billions Billions 2014: $54 Billions, It is estimated that 70% of US smart phone owners regularly browse from their devices and shop online. 87% of internet browsers in the US have made online purchase at least once. & BUY NOW 61%of them have repeated it multiple times. It is also estimated that Electronics, Appliances, Apparels and Accessories will remain the most popular product categories that people buy online. Bottom Line: These statistics show that e-commerce industry is on the rise, with no hindrances and no signs of slowing down. With more and more people turning to the internet to make purchase, it is the time to start your online business. Happy Selling! greeteo www.WebGreeter.com OA LIVE SERVICE PROVIDER