What percentage of retail sales is done online?

In 2019, e-commerce sales accounted for 11 percent of all retail sales in United States, this figure is expected to reach 15 percent in 2021.

What percentage of goods sold to customers are sold offline?

Yet the vast majority of US retail sales, 92\%, still happen offline. That’s right – ecommerce’s huge, crazy, insane growth still only represents 8\% of the total retail market. Of course, 8\% of a $3.2 trillion industry is still nothing to sneeze at.

How much shopping is done online vs in store?

Shopping online vs in store statistics show that a bit more than two billion people purchased goods online. The figure was a massive improvement from 2019 when global online buyers were just 1.92 billion. And in 2021, according to predictions, we can expect around 2.14 billion online shoppers in the world!

What percentage of goods are purchased online?

Ecommerce will make up 22\% of global retail sales by 2023. 22\% of global retail sales will be thanks to ecommerce by 2023. To give context to this growth, 14.1\% of global retail sales were ecommerce purchases in 2019.

How big is the online retail industry?

United States: retail e-commerce revenue 2017-2025 Revenue from e-commerce in the United States amounted to 431.6 billion U.S dollars in 2020. The Statista Digital Market Outlook estimates that by 2025, revenue will increase to 563.4 billion dollars.

What percentage of retail sales are online 2020?

In 2020, e-retail sales accounted for 18 percent of all retail sales worldwide. This figure is expected to reach 21.8 percent in 2024.

How many people shop online vs offline?

Over half of consumers research major purchases online This is further reinforced by a Think with Google Study that shows 66\% of shoppers prefer online shopping to find items they are looking for, compared to 27\% who prefer to search offline.

How many people buy online vs offline?

Online vs offline shopping preference data – Think with Google. of shoppers prefer online shopping to find items they’re looking for, compared to 27\% who prefer offline. Google/Ipsos, U.S., Shopping Tracker Study, Q1/Q3/Q4, n=8,488 Americans 18+ who conducted shopping activities in past 48 hours, Jan.

How many people prefer shopping online than in person?

54\% of US consumers prefer to shop online A 2021 Raydiant study on US consumer behavior reports that 54\% of survey respondents prefer to shop online rather than in person. That is a 9\% jump from last year’s report.

Why do consumers prefer to shop online than in store?

The most frequently stated reason was the ease of shopping at any time of day, mentioned by 56 percent of respondents. On the other hand, around half of the global consumers surveyed said they chose to shop over the internet because it is more convenient than going to a physical store.

What percentage of people shop online in 2020?

3. There Are 2.05 Billion Online Shoppers in 2020 (Oberlo) As of 2020, there are roughly 7.8 billion people in the world. And just over a quarter (26.28 percent) of them are online shoppers.