4 E-commerce Statistics You Need to Know in 2021

Online shopping is booming more than anything and the way people are shifting towards it has made it a multi billion-dollar industry. Buying online stuff has become a choice now as the convenience people find in it is incomparable to offline shopping. Businesses are able to provide unmatched experience to their customers and this is what propels them to buy the stuff online. Not just the stuff but the range of offerings and services available on the internet is diverse, giving people enormous options to choose and say ‘Yes’ to. 

If you are an online shopper are somebody who wanted to step into this business then it is crucial for you to have in-depth knowledge about eCommerce websites and their buying and selling graph. Analyzing the rising and falling online shopping stats is something that can give you an idea of where the market is going to head. Whether it will rise in the upcoming years or it is likely to see a recession. Based on that, you can make a confined decision 

To elevate your business to the next level, it is extremely important to work on data and insights that cut down negative ideas prospering fruitful business tactics to work on. 

Here in this guide, we have marked down some important data to help you understand the market trend and its figures. Have a closer look at them and shape your next decision in the right direction to make 2021 yours:-

➊ Number of Online Shoppers

As per the revealed stats, it was said that around 1.8 billion people worldwide bought goods online and the sale amounted through the sale was approx $2.8 trillion. The numbers are enough to show where the market is going to head in the future. Along with this, it is expected to grow by $4.8 trillion by 2021 which means there will be more consumers with more acquisition 

➋ Number of Consumers Shop via Mobile

If you are about to enter the e-commerce market, do not miss out to target mobile users whose numbers are increasingly rising. There are more consumers on mobile than Desktop and hence one should keep mobile users in mind while developing an e-commerce website or application. A mobile-friendly website is in demand and owners with such websites are likely to see a growth in their sales. Talking about stats, more than 50% of people prefer shopping via mobile. 

➌ Most Popular Payment Gateway

According to a report, Oberlo is the most used online payment gateway that is integrated by website owners to receive money. If you want to go with the trend, then consider using Oberlo as a mode of transaction. As a website owner, it should be your responsibility to ensure that the payment method is secure and smooth. 

➍ New Product Interest

When products go old-fashioned with the latest stocks coming in, people are more likely to purchase the new one. It has been seen that consumers each month search for new products and they actively browse and look out for some latest fashion and merchandise to get something that is in trend. Hence, you can try offering some latest or new products on your new e-commerce store. 

Final Words

We hope the given stats have cleared your doubts and you can make a decision based on the given stats. If you want a professional to advise you for your Business Growth, you can just land on Cefnogi and fill out the query form to get a relevant answer. You can expect an instant revert by the professional answering your query in an efficient manner.