{"id":9289,"date":"2022-01-31T12:13:23","date_gmt":"2022-01-31T12:13:23","guid":{"rendered":"https:\/\/www.invitereferrals.com\/blog\/?p=9289"},"modified":"2025-05-08T14:06:29","modified_gmt":"2025-05-08T14:06:29","slug":"ecommerce-statistics","status":"publish","type":"post","link":"https:\/\/www.invitereferrals.com\/blog\/ecommerce-statistics\/","title":{"rendered":"65+ Useful Ecommerce Statistics you Must know in 2024"},"content":{"rendered":"\r\n<p>The eCommerce growth is incredible, especially after the pandemic.\u00a0 It&#8217;s not going to slow down. In this post, we have compiled 65+ <strong>eCommerce statistics<\/strong> to showcase how influential eCommerce has become in today&#8217;s time.<\/p>\r\n\r\n\r\n\r\n<p>So without any further delay, let&#8217;s have a look at some eCommerce statistics you must know.<\/p>\r\n\r\n\r\n\r\n<h2 class=\"wp-block-heading\">Some powerful eCommerce statistics you must know.<\/h2>\r\n\r\n\r\n\r\n<ol class=\"wp-block-list\">\r\n<li>90% of Instagram users follow a business.\u00a0 (Business Instagram) <br \/><br \/><\/li>\r\n<li>200 million Instagram users visit at least one business profile daily. (Facebook for Businesses) \u00a0<br \/><br \/><\/li>\r\n<li>81% of people use Instagram to help research products and services. (Business Instagram) <br \/><br \/><\/li>\r\n<li>Brand Stories have an 86% completion rate. (Conviva) <br \/><br \/><\/li>\r\n<li>55% of fashion shoppers have purchased based on an Instagram creator&#8217;s post. (Creators) <br \/><br \/><\/li>\r\n<li>67% of brands use Instagram for <a href=\"https:\/\/www.invitereferrals.com\/blog\/influencer-marketing\/\">influencer marketing<\/a>. (Influencer Marketing Hub) <br \/><br \/><\/li>\r\n<li>32% of online shoppers own at least one connected home device. (UPS) <br \/><br \/><\/li>\r\n<li>Only 2.86% of eCommerce, website visits convert into a purchase. (Invesp) <br \/><br \/><\/li>\r\n<li>In the US, 2 in 5 consumers (41%) receive 1-2 packages from Amazon per week, and that number jumps to 50% for consumers ages 18-25 and 57% for consumers ages 26-35. (Walker Sands) <br \/><br \/><\/li>\r\n<li>The #1 reason people shop online is that they can shop at all hours of the day. (KPMG) <br \/><br \/>\u00a0<\/li>\r\n<li>Businesses have lost $756 billion in the last year because of poor eCommerce personalization. (OptinMonster) <br \/><br \/><\/li>\r\n<li>6 out of 10 American shoppers use self-service tools for their concerns, including websites (24%), mobile apps (14%), <a href=\"https:\/\/www.hirevoipdeveloper.com\/solution\/custom-ivr-solutions\/\" target=\"_blank\" rel=\"noopener\">IVR Systems<\/a> , and VoIP (13%) or online live chat (12%). (Amex) <br \/><br \/><\/li>\r\n<li>Globally, 57% of online shoppers buy from overseas retailers. (Nielsen) <br \/><br \/><\/li>\r\n<li>46.5% of small to mid-sized businesses say that offering free shipping increases profits. (MCM) <br \/><br \/><\/li>\r\n<li>If you require account creation during the checkout process, 23% of people will abandon carts immediately. (Baymard Institute) <br \/><br \/><\/li>\r\n<li>The average cart abandonment rate across all industries is 69.89%. (Baymard Institute) <br \/><br \/><\/li>\r\n<li>Exit-Intent, popups have helped recover 53% of abandoning visitors. (OptinMonster) <br \/><br \/><\/li>\r\n<li>130 million Instagram users tap on shopping posts every month. (Business Instagram) <br \/><br \/><\/li>\r\n<li>50% of people have visited a website to purchase after seeing a product or service in Stories.\u00a0 (Business Instagram) <br \/><br \/><\/li>\r\n<li>Slow-loading sites increase the abandonment rate by 75%. (Baymard Institute) <br \/><br \/><\/li>\r\n<li>The product with the highest abandonment rate is clothing (40%), followed by tech (18%) and home products (16%). (OptinMonster) <br \/><br \/><\/li>\r\n<li>eCommerce sites can gain a 35% increase in conversion rates with an optimized checkout design. (Baymard Institute) <br \/><br \/><\/li>\r\n<li>At an average abandonment rate of nearly 70%, eCommerce sites could be losing a total of $3 billion a year. (Disruptive Advertising)<\/li>\r\n<li>Mobile has the worst cart abandonment rate of all devices at 78%, followed by tablets (70%) and desktops\/laptops (67%). (OptinMonster) <br \/><br \/><\/li>\r\n<li>The biggest reason for shopping, cart abandonment is extra costs too high.\u00a0 (Baymard Institute) <br \/><br \/><\/li>\r\n<li>The number of channels earning six figures each year on YouTube has increased by 40% year on year. (YouTube Press) <br \/><br \/><\/li>\r\n<li>&#8220;How to&#8221; grows 70 percent year over year. (SearchEngineLand)<br \/><br \/><\/li>\r\n<li>Consumers are 64-85% more likely to buy a product after viewing a product video. (BigCommerce) <br \/><br \/><\/li>\r\n<li>62% of businesses use YouTube, as a medium to post video content. (Buffer) <br \/><br \/><\/li>\r\n<li>9% of all small businesses in the US use YouTube. (Brandwatch) <br \/><br \/><\/li>\r\n<li>90% of people say they discover new brands or products on YouTube.\u00a0 (Think with Google) <br \/><br \/><\/li>\r\n<li>68% of small businesses don&#8217;t have a structured or documented conversion rate optimization (CRO) strategy. (State of Conversion Optimization Report) <br \/><br \/><\/li>\r\n<li>The e-commerce industry is growing 23% year-over-year, yet 46% of American small businesses still don&#8217;t have a website. (BigCommerce) <br \/><br \/><\/li>\r\n<li>Shoppable social media features will help independent retailers achieve convenience and reliability.\u00a0 (Shopify for Yotpo) <br \/><br \/><\/li>\r\n<li>Email marketing was responsible for 24% of holiday sales during the 2018 holiday eCommerce season. (OptinMonster) <br \/><br \/><\/li>\r\n<li>Nonprofits lose about $15k\/year in donations due to spam filters blocking fundraising campaign emails. (Philanthropy.com) <br \/><br \/><\/li>\r\n<li>Transactional emails, get 8x more opens and clicks than any other <a href=\"https:\/\/www.peppybiz.com\/blog\/best-email-marketing-campaigns\" target=\"_blank\" rel=\"noopener\">email campaign<\/a> and make 6x the money. (Experian) <br \/><br \/><\/li>\r\n<li>Email marketing contributes to 20% of traffic driving eCommerce sales.\u00a0 (Wolfgang Digital)<br \/><br \/><\/li>\r\n<li>61% of online consumers in the United States have purchased based on recommendations from a blog. (Content Marketing Institute)<br \/><br \/><\/li>\r\n<li>Content creates three times more leads than ads and costs 62% less. (Awin, BloggingX) <br \/><br \/><\/li>\r\n<li>Content marketing has improved revenues for affiliate marketers by 240%. (TrueList) <br \/><br \/><\/li>\r\n<li>80% of brands say they&#8217;ve increased the amount of content they produce.\u00a0 (Influencer Marketing Hub) <br \/><br \/><\/li>\r\n<li>Shopping is a top priority for 48% of Pinterest users. (eMarketer) <br \/><br \/><\/li>\r\n<li>85% of Pinners put visuals first when shopping for apparel and furniture. (Pinterest) <br \/><br \/><\/li>\r\n<li>The average revenue earned per US user (ARPU) went up 26% to $4 in 2019 is significantly higher than international users, who average a spending of $0.21. (Pinterest letter to Shareholders)<br \/><br \/><\/li>\r\n<li>Pins that show a product or service in action are 67% more likely to drive sales. (A Pinterest report) <br \/><br \/><\/li>\r\n<li>The top three goals of influencer marketing are increasing <a href=\"https:\/\/www.invitereferrals.com\/blog\/brand-awareness\/\">brand awareness<\/a> (85%), reaching new audiences (71%), and generating sales\/conversions (64%). (MediaKix) <br \/><br \/><\/li>\r\n<li>Most brands (59%) have a standalone budget for content marketing, and 75% of them intend to dedicate a budget to influencer marketing in 2021. (Influencer Marketing Hub) <br \/><br \/><\/li>\r\n<li>90% of our survey, respondents believe influencer marketing to be an effective form of marketing. (Influencer Marketing Hub) <br \/><br \/><\/li>\r\n<li>36% of brands still tend to pay their influencers with free product samples (or discounts on more expensive products) rather than paying cash. (Influencer Marketing Hub) <br \/><br \/><\/li>\r\n<li>40% of online marketers consider affiliate marketing a crucial skill .(BloggingX) <br \/><br \/><\/li>\r\n<li>64.48% of affiliate marketers generate traffic by blogging. (Awin, BloggingX) <br \/><br \/><\/li>\r\n<li>9% of affiliate marketers make over $50,000 annually. (VigLink) <br \/><br \/><\/li>\r\n<li>In 2018, the biggest online marketplace based on gross merchandise volume was the Chinese platform Taobao, with a GMV of 515 billion US dollars. (Statista) <br \/><br \/><\/li>\r\n<li>Tmall and Amazon ranked second and third with 432 and 344 billion US dollars in annual third-party GMV, respectively.\u00a0 (Statista) <br \/><br \/><\/li>\r\n<li>67% of respondents prefer their influencer marketing to be campaign-based rather than always-on. (Influencer Marketing Hub) <br \/><br \/><\/li>\r\n<li>Micro-influencers on Instagram boast an average engagement rate of 3.86%. However, this declines for every level of an influencer before hitting 1.21% for mega-influencers. (Influencer Marketing Hub) <br \/><br \/><\/li>\r\n<li>61% of marketers agree that finding the right influencers for a campaign is difficult. (MediaKix) <br \/><br \/><\/li>\r\n<li>81% of brands use an affiliate program to promote their products or services. (Rakuten) <br \/><br \/><\/li>\r\n<li>Affiliate marketing generates 16% of all e-commerce sales in the US and Canada. (Business Insider) <br \/><br \/><\/li>\r\n<li>94% of publishers use multiple affiliate marketing networks.\u00a0(Affise) <br \/><br \/><\/li>\r\n<li>Amazon maintained its spot as the No. 1 online retailer in North America, with revenues of over $296 billion in 2020. (DigitalCommerce360) <br \/><br \/><\/li>\r\n<li>The B2B, eCommerce market sees success in its email campaigns because they provide compelling content for each customer journey stage. (B2B Marketing Community) <br \/><br \/><\/li>\r\n<li>61% of consumers prefer to be contacted by brands via email. (Statista) <br \/><br \/><\/li>\r\n<li>Email marketing yields $44 for each $1 spent for a 4400% ROI. (OptinMonster) <br \/><br \/><\/li>\r\n<li>58% of the top, 1,000 US online retailers send welcome emails. (Smart Insights) <br \/><br \/><\/li>\r\n<li>Segmented campaigns to email subscribers drive a 760% increase in revenue. (Campaign Monitor) <br \/><br \/><\/li>\r\n<li>38.5% of brands view influencer marketing as success based on conversions and sales. (Influencer Marketing Hub) <br \/><br \/><\/li>\r\n<li>67% of brands use Instagram for influencer marketing. (Influencer Marketing Hub) <br \/><br \/><\/li>\r\n<li>The percentage of brands using TikTok for influencer marketing has increased.\u00a0 (Influencer Marketing Hub) <br \/><br \/><\/li>\r\n<li>Sales on Amazon alone represented nearly a third\u201431.4%\u2014of all US e-commerce sales growth in 2020, down from 43.8% share in 2019. (DigitalCommerce360) <br \/><br \/><\/li>\r\n<li>The top 100 retailers (minus Amazon) had a 74.1% share of e-commerce growth in 2020, up significantly from a 49.4% in 2019. (DigitalCommerce360)<\/li>\r\n<\/ol>\r\n\r\n\r\n\r\n<p>&nbsp;<\/p>\r\n\r\n\r\n\r\n<p>These are some of the useful <em>eCommerce statistics<\/em> you should know before implementing your strategy.<\/p>\r\n\r\n\r\n\r\n<h3 class=\"wp-block-heading\">Conclusion<\/h3>\r\n\r\n\r\n\r\n<p>After reading this post on <span style=\"text-decoration: underline;\">eCommerce statistics<\/span>, you may get an idea of how useful they are. Before planning or implementing it is recommended to go through them thoroughly to have a better idea about eCommerce.<\/p>\r\n","protected":false},"excerpt":{"rendered":"<p>The eCommerce growth is incredible, especially after the pandemic.\u00a0 It&#8217;s not going to slow down. In this post, we have compiled 65+ eCommerce statistics to showcase how influential eCommerce has become in today&#8217;s time. So without any further delay, let&#8217;s have a look at some eCommerce statistics you must know. Some powerful eCommerce statistics you [&hellip;]<\/p>\n","protected":false},"author":24,"featured_media":9290,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3637],"tags":[],"class_list":["post-9289","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-statistics"],"_links":{"self":[{"href":"https:\/\/www.invitereferrals.com\/blog\/wp-json\/wp\/v2\/posts\/9289","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.invitereferrals.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.invitereferrals.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.invitereferrals.com\/blog\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/www.invitereferrals.com\/blog\/wp-json\/wp\/v2\/comments?post=9289"}],"version-history":[{"count":14,"href":"https:\/\/www.invitereferrals.com\/blog\/wp-json\/wp\/v2\/posts\/9289\/revisions"}],"predecessor-version":[{"id":22831,"href":"https:\/\/www.invitereferrals.com\/blog\/wp-json\/wp\/v2\/posts\/9289\/revisions\/22831"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.invitereferrals.com\/blog\/wp-json\/wp\/v2\/media\/9290"}],"wp:attachment":[{"href":"https:\/\/www.invitereferrals.com\/blog\/wp-json\/wp\/v2\/media?parent=9289"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.invitereferrals.com\/blog\/wp-json\/wp\/v2\/categories?post=9289"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.invitereferrals.com\/blog\/wp-json\/wp\/v2\/tags?post=9289"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}