08 January 2015
Worldwide ecommerce revenues are growing at 30% per year, slowly wiping out traditional ways of purchase. Buying things online is simply more convenient and gives consumers more insight into what they’re buying. A survey from Accenture also showed that over 50% of consumers believe that prices online are cheaper than in store.
It is predicted that in 2015 over 10% of all retail will be online, with worldwide ecommerce surpassing $1 trillion. That is a million million. It's a thousand billion. It's a one followed by 12 zeros!
Goldman Sachs projects growth of Mobile shopping from its $70 billion to an astonishing $173 billion by the end of 2018. A study from ComScore has displayed a rapid growth of 47% in Mobile commerce over the last year.
Australian online shopping expenditure is predicted to be worth $26.9 billion, with a Compound Annual Growth Rate of 14.1%. Faster and Cheaper shipping is expected to be the driving force of eCommerce sales in 2015.
I could share stats with you all day. In summary, ecommerce is booming at unprecedented rates! To take advantage of this growth you need to partner with a Digital Agency that specialises in eCommerce and who have proven success delivering robust and effective online stores for successful retailers.
acidgreen has over 15 years experience delivering ecommerce solutions that convert visitors into sales. For more information on how acidgreen can increase your online revenues simply contact us.
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