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Trends and Stats of E-COMMERCE You Need to Know in 2014 E-commerce continues to grow at a rapid rate: Online vs. In-store shopping: Consumer Behavior What is driving people to make a purchase decision on an e-commerce site? >50% of U.S. offline retail stores will be influenced by the web by 2017. Online retail sales will grow from $296.70 billion in 2014 to $434.20 billion in 2017. of consumers are researching items online and then buying in a physical store. of people prefer shopping online to visiting a store. have checked online to find product information while shopping in a store. on-the-go convenience. special offers/coupons. product not available in-store. easy to compare prices, find best deal. purchased the item they were considering after checking online. of consumers leave a store and look for lower prices online. 88% 84% 77% 62% 19% 63% 52% 48% 41% Why your e-commerce should go mobile: How do mobile devices influence consumers: Online shoppers discover and explore brands on their smartphones: How do online consumers use mobile to take action with a brand? How to Make It Better: Optimize Your E-commerce Site 120 million U.S. consumers use their smartphones and tablets while shopping, browsing for new deals, researching options and buying products. of people use their mobile to check prices. 50% of people research items on their mobile before buying. 59% of people read reviews of recent/future purchases on their mobile. 46% of people use social media to comment on a purchase using their mobile. 20% Mobile Devices E-commerce at a Glance How Do People Make Buying Decisions? use a map to find/locate the business. 85% visit the brand’s website to take action. 74% call to book an appointment. 70% of online consumers start researching (products, services, reviews...) on a smartphone. then switch to PC. then switch to tablet. http://www.marketingprofs.com/charts/2013/12195/online-shopping-trends-most-popular-categories-top-purchase-drivers http://www.nielsen.com/us/en/newswire/2013/a-mobile-shoppers-journey--from-the-couch-to-the-store--and-back.html http://wanderful.com/survey-report-technology-blurs-the-line-of-online-vs-in-store-shopping-a-survey-of-consumers-who-use- mobile-devices-to-shop/ https://www.mediabistro.com/alltwitter/social-media-shopping_b50440 http://www.thinkwithgoogle.com/articles/proof-online-ads-increase-offline-sales.html http://blog.hubspot.com/blog/tabid/6307/bid/30239/71-More-Likely-to-Purchase-Based-on-Social-Media-Referrals-Infographic.aspx Why does Social Media matter to your e-commerce business? It’s a digital world. People trust social media and review sites when shopping online: social media users have purchased an item online after sharing it on social media. 4 in 10 of social media users feel consumer ratings are #1. of social media users rely on customer reviews. of consumers use search engines to read about a product before a purchase. of social media users visit a company’s website before making decisions. 61% 50% 63% 62% Social Media people in the U.S. say their purchase decisions were influenced by social media. 38 million 62% 63% Resources of mobile users who land on a mobile optimized site are more likely to buy. 67% of mobile users will visit a competitor’s site if the current site isn’t mobile-friendly. 61% 60% 4% 65% www.peppergang.com U.S. E-Commerce Sales 2014-2017 2014 2015 2016 2017 13.60% 14.60% 14.20% 12.80% $338.90 $296.70 $384.90 $434.20

Trends and Stats of E-Commerce You Need To Know In 2014

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Page 1: Trends and Stats of E-Commerce You Need To Know In 2014

Trends and Stats ofE-COMMERCEYou Need to Know in 2014

E-commerce continues to grow at a rapid rate:

Online vs. In-store shopping: Consumer Behavior

What is driving people to make a purchase decision on an e-commerce site?

>50%of U.S. o�ine retail

stores will be in�uencedby the web by 2017.

Online retail sales will grow from $296.70 billion in 2014 to $434.20 billion in 2017.

of consumers are researching items onlineand then buying in a physical store.

of people prefer shopping online tovisiting a store.

have checked online to �nd productinformation while shopping in a store.

on-the-goconvenience.

special o�ers/coupons. product not availablein-store.

easy to compare prices,�nd best deal.

purchased the item they were consideringafter checking online.

of consumers leave a store and look forlower prices online.

88%

84%

77%

62%

19%

63% 52% 48% 41%

Why your e-commerce should go mobile:

How do mobile devices influence consumers:

Online shoppers discover and explore brands on their smartphones:

How do online consumers use mobile to take action with a brand?

How to Make It Better: Optimize Your E-commerce Site

120 million U.S. consumers use their smartphones and tablets while shopping, browsingfor new deals, researching options and buying products.

of people use their mobile to check prices.

50%

of people research items on their mobilebefore buying.

59%

of people read reviews of recent/futurepurchases on their mobile.

46%

of people use social media to comment ona purchase using their mobile.

20%

Mobile DevicesE-commerce at a Glance

How Do People Make Buying Decisions?

use a map to �nd/locatethe business.

85%

visit the brand’s websiteto take action.

74%

call to book an appointment.

70%

of online consumersstart researching(products, services,reviews...) on asmartphone.

then switch to PC.

then switch to tablet.

http://www.marketingprofs.com/charts/2013/12195/online-shopping-trends-most-popular-categories-top-purchase-drivers

http://www.nielsen.com/us/en/newswire/2013/a-mobile-shoppers-journey--from-the-couch-to-the-store--and-back.html

http://wanderful.com/survey-report-technology-blurs-the-line-of-online-vs-in-store-shopping-a-survey-of-consumers-who-use-mobile-devices-to-shop/

https://www.mediabistro.com/alltwitter/social-media-shopping_b50440

http://www.thinkwithgoogle.com/articles/proof-online-ads-increase-o�ine-sales.html

http://blog.hubspot.com/blog/tabid/6307/bid/30239/71-More-Likely-to-Purchase-Based-on-Social-Media-Referrals-Infographic.aspx

Why does Social Media matter to your e-commerce business?

It’s a digital world. People trust social media and review sites when shopping online:

social media users have purchased an itemonline after sharing it on social media.

4 in 10

of social media users feel consumer ratingsare #1.

of social media users rely on customerreviews.

of consumers use search engines to readabout a product before a purchase.

of social media users visit a company’swebsite before making decisions.

61%

50%

63%

62%

Social Media

people in the U.S. say theirpurchase decisions werein�uenced by social media.

38 million

62%

63%

Resources

of mobile users who landon a mobile optimized siteare more likely to buy.

67% of mobile users will visit acompetitor’s site if the currentsite isn’t mobile-friendly.

61%

60%

4%65%

www.peppergang.com

U.S. E-Commerce Sales 2014-2017

2014 2015 2016 2017

13.60%14.60% 14.20% 12.80%

$338.90$296.70 $384.90 $434.20