The State of Ecommerce
Some stats about online shopping that’ll have you nodding AND shaking your head
This article appeared in the June 2017 premiere issue of Hyperlink, a new magazine focused on the intersection of media, technology, commerce, and culture. Purchase a copy. Hyperlink is produced by Winning Edits.
By Ray Sylvester
Whether it’s how many people make their online purchases from the comfort of their commode . . .
. . . what shoppers are really afraid of when it comes to online purchasing . . .
. . . or how many folks are even aware of the existence of cryptocurrency . . .
. . .the world of ecommerce is full of fascinating data.
Here are a few numbers for you to nibble on.
1. THE SECRET LIFE OF ONLINE SHOPPERS
(Source: BigCommerce)
- 25% of shoppers have made an online purchase from a brick-and-mortar store
- 23% have made an online purchase at the office
- 43% have made an online purchase while in bed
- 20% have made an online purchase from the bathroom
- 20% have made an online purchase while in the car
- 10% have made an online purchase after drinking alcohol
2. A BIT O’ COIN
(Source: PewResearchCenter)
- 24% of Americans don’t use cash for any of their purchases
- 39% don’t really worry about having cash on hand
- 48% have heard of Bitcoin
- 1% have actually used, collected, or traded bitcoins
3. LEFT BEHIND
- 2013: The year UPS began the first major deployment of its ORION routing software, which helps optimize UPS’ truck drivers’ delivery routes to save money and reduce emissions (UPS)
- 21,000: Emissions avoided per year by using ORION, in equivalent number of passenger cars (UPS)
- 0: Number of left turns UPS drivers are supposed to make on their routes, if possible (CNN)
- 50: Annual savings for UPS from ORION, in $ millions (MarketWatch)
4. FEARS & MOTIVATIONS
(Source: Narvar)
“What Makes Me Want to Buy Online Again”
- 72% of consumers are motivated to make a repeat purchase because of on-time deliveries
- 70% say an easy return or exchange is likely to make them a repeat customer
- 60% are more likely to choose a retailer that provides the exact date of delivery at the time of order
“What I Fear the Most About Online Delivery”
- 42% of consumers don’t trust that the package will arrive on time
- 49% worry about the package being damaged in transit
5. WE ALL START SOMEWHERE
- $24.95: Amount spent on very first book sold on Amazon, 1995 ($21 + $3.95 shipping) (NY Daily News).
- 1: Number of buildings on Amazon’s Seattle campus named after the person who purchased that first book
- $83,219: Amazon’s revenue per minute in 2016 (Statista)
6. YOU CAN STICK THESE NUMBERS IN THE GARAGE
(Source: Statistic Brain Research Institute)
- $4,222,375: Total US weekly revenue from garage sales
- 4,967,500: Average number of items sold at garage sales each week
- 165,000: Average number of garage sales each week in the US
- 462%: Average profit margin when items purchased are resold on eBay
- 37%: Likelihood that any garage sale statistics you’ll find are reliable, because of the untrackable nature of garage sales
- 100%: Likelihood that the number above is made up
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