Most people are faced with the choice to either walk straight to a physical store or to rather prefer shopping online from the comfort of their homes.
Some factors determine these choices, factors like time, quality, and convenience. For a large group of consumers, they prefer to go on the convenient side which has shifted a lot of focus to online shopping.
Here are some perks to subscribing to e-commerce and online shopping
- You’ll get everything done from your bed
- You get to choose when you want your item delivered
- There access to various product information
Unless you’re a caveman, you’ll immediately notice the stupendous growth rate of online shopping and the e-commerce industry in general.
Have you however wondered what and who are shopping online? Or perhaps what online shopping behavior appears like? Don’t worry much about that, this guide will help you better understand the growth rate of e-commerce across different verticals and how to tap into this advancement.
Just in the United States, sales on e-commerce have been expected to go beyond $740 billion by 2023. Because of the fast growth rate of e-commerce, smartphones shopping has incredibly increased, online marketplaces have found expression and shopping behaviors have transitioned from the primitive way to Gen Z
E-commerce Fundamental Statistics
With every passing day, e-commerce is taking the toll with fast-growing numbers. Starting …