10 Amazing Facts About eCommerce That You’ve Probably Never Heard - PowerPoint PPT Presentation

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10 Amazing Facts About eCommerce That You’ve Probably Never Heard

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Here 10 of the most amazing facts about e-commerce which will keep you thinking for a long time while helping you make better future decisions. – PowerPoint PPT presentation

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Title: 10 Amazing Facts About eCommerce That You’ve Probably Never Heard


1
Customer Data Driven Strategies To Increase
eCommerce Store Conversions
10
10
AMAZING FACTS ABOUT E-COMMERCE THAT YOUVE
PROBABLY NEVER HEARD
2
Customer Data Driven Strategies To Increase
eCommerce Store Conversions
10
INTRODUCTION
  • The e-commerce ecosystem is a world in itself.
    With new data, new systems and new information
    being added every day, its reaches have covered
    every nook and cranny there ever existed.
  • Today we will look at some amazing and
    mind-blowing facts about e-commerce. Heres our
    collection of eCommerce Facts you might not have
    heard before

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Customer Data Driven Strategies To Increase
eCommerce Store Conversions
10
1
ITS A SMART SMARTPHONE WORLD!
  • Mobile commerce is an important aspect of sales,
    and consumers utilize it constantly. 30 of
    Mobile Shoppers abandon the transaction if the
    shopping experience is not optimized for mobile.
    Theres absolutely no doubt that mobile use is
    continuing to rise every year among consumers
    interested in interacting with businesses
    catering the shopping experience to the devices
    they are using on a daily basis.

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Customer Data Driven Strategies To Increase
eCommerce Store Conversions
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2
NO ONE LIKES TO WAIT, RIGHT?
  • New research by Google has found that 57 of
    mobile website visitors will leave if a webpage
    doesnt load within three seconds. The latest
    research from Google underscores the importance
    of having a mobile-friendly website. As consumers
    continue to spend more time on mobile devices,
    mobile page load speeds are critical to a good
    user experience.

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Customer Data Driven Strategies To Increase
eCommerce Store Conversions
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3
WHAT? DID I READ THAT CORRECTLY?
  • A later report stated that email marketing
    yielded an average ROI of 4300. Email marketing
    even surpassed organic search as the best
    marketing strategy in terms of ROI, according to
    a report compiled by Econsultancy. In fact,
    businesses are now attributing more than a fifth
    of their overall sales to email marketing.

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Customer Data Driven Strategies To Increase
eCommerce Store Conversions
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4
THAT IS ONE BIG NUMBER!
  • If you're looking to make as many conversions as
    possible from your shopping cart abandonment
    campaign to increase your business sales, sending
    more reminders is the way to go. According to
    Soundest, sending a series of three abandoned
    cart email reminders brings in a staggering 131
    more orders than a single email.

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Customer Data Driven Strategies To Increase
eCommerce Store Conversions
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5
GIVE THEM WHAT THEY WANT
  • Online retailers not offering free shipping may
    want to reconsider their delivery options. When
    you give them the free shipping offer while
    they're in buy mode, you have a far better chance
    of scoring success with it. If your goal is to
    sell a certain product, then you can offer free
    shipping on that particular product. 80 Shoppers
    want free shipping on their purchase.

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Customer Data Driven Strategies To Increase
eCommerce Store Conversions
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6
SOCIAL MEDIA MATTERS
  • Social Media users have purchased an item online
    or in-store after sharing it or marking it as a
    Favorite on Twitter, Facebook or Pinterest.
    social media has evolved to become much more
    impactful, especially for businesses. 46 of
    shoppers make buying decisions based on social
    media, according to Sprout Social.

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Customer Data Driven Strategies To Increase
eCommerce Store Conversions
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7
SHOPPING CART ABANDONMENT HAUNTS THEM ALL
  • Cart abandonment plagues every ecommerce business
    out there from the largest, most optimized online
    shopping giants to the smallest, homemade
    internet business on the web. 26 of online
    shoppers will abandon their shopping cart due to
    mandatory account registration.

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Customer Data Driven Strategies To Increase
eCommerce Store Conversions
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8
A STITCH IN TIME SAVES NINE
  • It takes about 50 milliseconds (0.05 Seconds )for
    users to form an opinion about your website that
    determines whether they'll stay or leave. Its a
    simple matter of choice. Chances are for any
    given search query, there are multiple search
    results that fit the needs of the user. So
    youve probably realized by now that your website
    has an effect on the perceived credibility and
    quality of your business.

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Customer Data Driven Strategies To Increase
eCommerce Store Conversions
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9
FIRST IMPRESSION MATTERS
  • 94 of users frist impression is linked to
    website design, specifically website design, and
    navigation. When it comes to the success of a
    website, the most important aspect of the site is
    the page's layout. The website must be clean with
    an easy-to-follow navigation system to contribute
    to a usable webpage layout. Websites should be
    full of great, relatable content, eye-catching
    titles and images, and interaction between
    consumer and business.

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Customer Data Driven Strategies To Increase
eCommerce Store Conversions
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10
AFTER ALL, ITS CUSTOMERS THAT MATTER THE MOST
  • 89 of shoppers have stopped buying from online
    store after theyve experienced poor customer
    service. If you dont want them to turn around,
    you have to be sure to give them the best
    possible shopping experience at each phase of
    that journey.

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