Data Statistics

Mobile commerce, or m-commerce, has transformed how consumers shop and made our mobile phones pocket-friendly stores. It’s not just convenient and easy but has become the new normal for retailers as well as consumers.  Mobile e-commerce sales reached $2.2 trillion in 2023 and are forecasted to reach $2.52 trillion in 2024. As a result, mobile […]

Average ecommerce conversion rates indicate the share of website visitors who become online store consumers.  On average, just 2 to 3 out of 100 visitors turn into customers.  However, higher conversion rates than the industry’s average conversion rate indicate that a business is working great on its lead conversion tactics.  In this article, I have

The number of ecommerce buyers in the United States is predicted to grow from 269.58 million in 2023 to 333.65 million in 2028. This rapid growth of  644.7 million in just 5 years will surely boost ecommerce sales in the country.  In the past 3 years, ecommerce buyers have grown by 31.72 million, leading to

Users spend an average of 150 minutes daily on Social media.  Hence, after witnessing the increased social media usage, most businesses have shifted online and created content related to their business on various social media platforms.  As a result, shopping and social media experiences have merged, leading to the rapid growth of the global social

Whether a shopper is just checking out the prices or just browsing. An abandoned cart is a potential sale that was there for the taking. With around 70% cart abandonment rate, it is an alarming and frustrating issue for the sellers, causing them a significant loss. Buyers may abandon a cart for various reasons, From