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Showing posts with label online sales. Show all posts
Showing posts with label online sales. Show all posts

November 28, 2015

black friday and thanksgiving online sales exceed $4.45billion, ipad, Xbox tops electronic sales

" comparing online spends during thanksgiving and cyber monday"


This year Black Friday sales brought in n $2.72 billion in e-commerce sales, up 14% from 2014. ecommerce spends on Thanksgiving Day saw a higher jump in online spending, with $1.73 billion in sales, up 25% from the previous year

During the two day period, 33% of online shoppers used their mobile phones to make purchases. Online  sales on Black Friday and Thanksgiving Day exceeded  $4.45  according to data released by Adobe.

Among  the ” top 5  best selling  electronic products on  Thanksgiving holiday sales were
  •  Samsung 4K TVs, the Apple iPad Air 2, the Microsoft Xbox One, the Apple iPad Mini, and the Sony PS4. 
  • The five most popular toys were Lego Dimensions, Shopkin dolls, Lego Star Wars, Barbie Dream House, and Lego Friends.
  •  Consumers sought out the promotions on Thursday and Friday, with sales from limited online deals accounting for 40% of all online sales. 
  • In total, products sold online saw an average discount of 24%.

November 12, 2015

alibaba singles day ecommerce revenue hits $9.3billion in just 12 hours, and $1billion in 8 minutes

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Alibaba's singles day online sales zooms $9.3billion in 12 hours
 Singles Day Online Shopping in China rewrote history as its  biggest eCommerce retailer  Alibaba  recorded mind boggling $9.3 billion of online sales  in first 12 hours and ended  singles day  with eCommerce   revenues worth $14.3 billion for a day . Singles day in China is celebrated every year on November 11th

The 2015 Singles day   led Alibaba to their best ever single day revenue where as the event started in midnight and  the site soon touched $1billion of online sales  in just 8 minutes  and in 30 mins it touched $3.9billion . In 2013 it had taken Alibaba  50 mins to reach a 1billion USD revenue.

Alibaba’s online sales in just an hour  on 2015 singles day  is almost double the $2 billion spent in the same time period last year in 2014 . It’s also double the total sales of the 2014 Cyber Monday in the U.S. during the entire day.It dwarfs everything from some multinational companies’ annual revenues to the GDP of some smaller countries:

"Alibaba ecommerce revenuesvs other companies revenues"

Comparison of Alibaba Singles day sales vs other multinational companies financial metrics

July 4, 2015

which connected devices see the highest retail sales conversion

"Research to Purchase behavior by device "
 Smartphones, Tablets, or Laptops// which device  has the largest conversion when it comes to retail products.  The most interesting this here is , The device where users start their research on incidently comes  the  last point of contact  before the purchase ( apart from the ones thar are purchases in store)

72% started on Smartphone and 23% purchased on Smartphone, and 20% on Tablets
58% started their research on Tablets and 34% purchased on Tablets

For Laptops originated research.. the last transaction before purchase was  majorly done across laptop

June 17, 2015

UK online sales touch £100 billion barrier

"Uk mobile sales vs ecommerce sales compared"

According to IMRG Capgemini  UK  -Retail Sales Index report,  UK  users  splurged more than   100billion  Pounds  in online shopping last year.A total of  £104bn was spent online in 2014, the first time annual spending in UK  has exceeded the £100bn barrier.

 Summary of  IMRG Report on UK Ecommerce spends
  • Online Retail in UK  now accounts for an estimated 24% of total retail market
  • 14% growth for the online retail market in 2014; £104bn spent online nduring Christmas period saw 13% growth on 2013 e
  • £8bn was spent via mobiles this Christmas, compared to £5.1bn last year – 55% increase 37% of online sales are made on a mobile device – an estimated 8.9% of total retail sales Forecast for 2015: 12% market growth and £116bn to be spent online
The UK in this year 2015 will this year become the first country in the world where half of all advertising spend goes on digital media according to emarketer data..

March 23, 2015

Timeline of Online Shopping Adoption in US : 2010 -2018

This timeline shows the number of online shoppers in the United States since 2010. In 2013, 191.1 million U.S. citizens were online shoppers and had browsed products, compared prices or bought merchandise online at least once. These figures are projected to surpass 200 million in 2015.

February 17, 2015

Online Insurance Search Queries in India growing by 450%

The  chart shows the increase is search for online insurance in india. Searches for  the terms Life Insurance, Motor Insurance, Travel Insurance and Health Insurance  has all shown a 4 fold increase  from the last one year across Google

December 18, 2014

Black Friday Sales Dissapoint FALLS 11% AS ,Relaters fail to enthuse consumers


BBC News – US Black Friday sales fall 11% on sluggish demand: “US retailers reported sluggish Black Friday spending, with sales falling 11% from the same period last year, according to the National Retail Federation (NRF).

US consumers spent on average $380.95 per person, down 6.4% from a year ago. The NRF attributed the decline to shifting consumer habits, such as earlier promotions and the growth of online shopping.”

However Online Sales  grew by Up 8.5% over 2013, as Mobile Shopping  giving huge push to online shoppingAccording to  to ShopperTrak,  Black Friday shopping at brick-and-mortar stores in the United States was down about 7 percent from a year , with Friday store sales hiting $9.1 billionOverall, total holiday weekend sales were estimated to be $50.9bn.

November 27, 2014

200 million US consumers buy online, Apple and Zappos Tops Online and Social media revenues

Social vs Mobile vs Ecommerce sales

The state of digital shopping in US has undergone a vast chance since 2010 onwards 2010, there about 172 million digital shoppers in the United States and this is expected to reach 200 million in 2015.

Surprisinglythe good old PC and Desktops are very much in use, contrary to what most of research reports suggesting that the PC is dead. In fact Desktop / PC  is used for  about  91% online transactions , with tablets and smartphone making the other 9%

The key global brands with the highest revenue from mobile commerce  include  Apple and Amazon both of which online sales exceeded $8000 million .Walmart comes a distant third with online sales revenue of $600 million .In terms of social commerce online sales, Zappos  with a revenue of $55 million was the no 1 in terms of social commence revenue

Tags :#online sales,#digital shoppers,#holiday spends ,#mobile spends,#online retail, # Black Friday Sales

November 24, 2014

Mobile Sales to contribute 31% of online sales during holidays,to $418 billion

Mobile spending durng holidays

It would be interesting to see the face off between Android vs iOS  this  during the holiday season  eCommerceLast November, the average order placed on a mobile Apple iOS device was $121.48, compared to just $89 for Android devices, according to a new IBM report

The data also shows that while we do more web-surfing with smartphones (accounting for 24% of all website traffic, compared to 14% via tablets), consumers are more inclined to make purchases on tablets (11.5% of website sales) than smartphones (5%). 

A recent forecast  by adobe digital predicts that 31% of online sales will be generated via 
smartphones and tablets, up from 21% in  2013 with Mobile Sales touching $418 million 

The forecast from Deloitte calls for a 4% to 4.5% overall increase in consumer holiday season spending

November 23, 2014

Holiday Shopping days with the Highest Online Spends: 2009 to 2013

highest online spends
this  chart shows the Days when Online Shopping Spends was the highest during the last 5 years. All the numbers are  million  The week which saw the biggest spending online  in the United States during holiday season from 2009 to 2013, sorted by selected online shopping day. On Black Friday in 2013, 1,199 million US dollars were spent

#holiday spends,#Black Friday,#eCommerce spends,#Cyber Monday

US Ecommerce Spends Sales On Cyber Monday since 2005 Onwards

US holiday Shopping spends


“This timeline shows the U.S. online spending on Cyber Monday from 2005 to 2013.  In the last 5 years Online Shopping during Cyber Monday  grew by 96%

US consumers spent $887 million in 2009 while last year (2013)   saw eCommerce sales on  Cyber Monday  touched  $1.74 billion US dollars, up from $1.47 billion US dollars in the in 2012. Compared with 2005, Cyber Monday online shopping  sales has grown by 400%
Tags : #ecommerce, #holiday sales,#thanksgiving,#Black Friday,#online spends

September 5, 2014

The Voice of the Car Consumers : How the web has changed user perceptions in auto buying

Consumer perceptions are being more shaped by the web and mobile, rather than what a ” Car Salesmen would like you to believe. The web both play a disruptive and a constructive  role in auto purchase, depending on which side of the glass prism you are sitting on.

July 12, 2014

Are your Customers Buying Insurance Online ? : 3 Things which can increase your leads by 35%

online insurance Guide : What you did not know about e-insurance

The insurance markets covered in this data release were health, auto and homeowners insurance 

 How long does the product Life Cycle of buying insurance online last ? Which media time is used more during researching the insurance provider , and at what point does the ” Lead  convert into a customer

A recent Nielsen research study provides some interesting insights on how ” Users buy Insurance in comfort in their home and these included only the health, auto and homeowners sector.Among the highlights were 
  1. Online Insurance buying cycle is between a month to 40 days, and most conversions post research process happens over the phone ( 40%) and the rest at the insurance agents office 

  2. Most of the insurance researches happened online, including the Desktop, Tablet and smartphones. Mobile Devices (which included Smartphone + Tablets) consisted of 40 % of insurance research time with 25% exclusively used only mobile devices during their research process

  3. Tablets were very heavily used in the insurance research process,mostly used as PC substitute at homes . As PC usage showed decline , the Tablet picked up adoption faster mostly due 1) larger display and screen size 2)higher resolution due to the higher usage of mathematical numbers 3)Ease of usage 

July 4, 2014

International Markets with Highest eCommerce Conversions

charting the ecommerce sales growth by nations

  1. Asia-Pacific is set  to  becomes the largest regional market in the world. Asian consumers will spent more on eCommerce purchases than North American for the first time this year.
  2. Business to consumer eCommerce sales will reach $525.2 billion this year, whereas in North America $482.6 billion.
  3. The U.S. and Canada accounted for 34.4% of all online sales in 2013; down from 35.9% in 2012.This share will decrease further in 2014, accounting for 32% of all commerce market.
  4. China’s eCommerce sales are set to grow by 2 times  as compared  to  Indian eCommerce growth ,  and more than five times as much as the U.S.
  5. While eCommerce sales are set to grow by almost 64% in China, compared to 31% in India and 12% in US.he Asian growth Drivers will be led by  Asian emerging economies led by China and India with more than a 2.billion population
  6. However Indian growth story will be the biggest in the next 2  years  and set to become the no 1 internet economy powerhouse by 2015 .Boston Consulting Group predicts that  Indian online penetration will be  recording 300%  growth in  internet users  from 81 million currently ( as March 2013) to million (March 2015)  

April 20, 2014

Who Social Property Drives Most Ecommerce and Mobile Conversion

A recent post by Shopify shows why Pinterest remains the darling for ecommerce and online shopping sites After analyzing data from 25,000 Shopify stores, discovered that referral traffic from Pinterest to Shopify stores is equal to traffic coming from Twitter. Of the traffic from Pinterest, shoppers are 10% more likely to make a purchase compared to those who arrive from other social sites.

 Of those purchases, the average order is $80 – double the average order of customers coming from Facebook.

Pinterest among no 1 social site driving more ecommerce traffic