{"id":79039,"date":"2016-11-24T11:00:00","date_gmt":"2016-11-24T11:00:00","guid":{"rendered":"http:\/\/www.smartinsights.com\/?p=79039"},"modified":"2016-11-23T16:21:46","modified_gmt":"2016-11-23T16:21:46","slug":"37-indispensable-ecommerce-stats-to-inform-your-2017-strategy","status":"publish","type":"post","link":"https:\/\/www.smartinsights.com\/ecommerce\/ecommerce-strategy\/37-indispensable-ecommerce-stats-to-inform-your-2017-strategy\/","title":{"rendered":"38 Indispensable E-commerce stats to inform your 2017 multichannel sales strategy"},"content":{"rendered":"<h3>A Smorgasbord of cutting-edge e-commerce stats\u00a0to benchmark your business against<\/h3>\n<p>'<em>It is the mark of a truly intelligent person to be moved by statistics<\/em>' - George Bernard Shaw.<\/p>\n<p>I don't think these statistics can lay any claim on being moving. Least not in the sense old Georgie B intended. But any good plan to move your Ecommerce needle in the right direction needs to be based on a solid foundation of <a href=\"http:\/\/www.smartinsights.com\/managing-digital-marketing\/planning-budgeting\/perfect-marketing-plans-accurate-forecasting\/\">accurate online market forecast data<\/a>\u00a0for your sector. If you live in blissful ignorance of key stats relating to how people are using mobile devices or what social networks are driving the most revenue on e-commerce sites, then it will be all too easy to misallocate budgets and resources and end up with a sub-par plan that doesn't get the results you want. So take a look that these 37 crucial Ecommerce stats structured around all <a href=\"http:\/\/www.smartinsights.com\/ecommerce\/web-personalisation\/what-is-lifecycle-marketing\/\">customer lifecycle touchpoints<\/a>\u00a0using our RACE planning system to make sure there is no key trend your plan has missed.<\/p>\n<p><a href=\"http:\/\/www.smartinsights.com\/ecommerce\/web-personalisation\/what-is-lifecycle-marketing\/attachment\/customer-lifecycle-framework-ecommerce-marketing\/\" rel=\"attachment wp-att-79211\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-79211\" src=\"http:\/\/www.smartinsights.com\/wp-content\/uploads\/2016\/10\/Customer-lifecycle-framework-ecommerce-marketing-700x413.png\" alt=\"Customer lifecycle framework for ecommerce marketing\" width=\"640\" height=\"378\" srcset=\"https:\/\/www.smartinsights.com\/wp-content\/uploads\/2016\/10\/Customer-lifecycle-framework-ecommerce-marketing-700x413.png 700w, https:\/\/www.smartinsights.com\/wp-content\/uploads\/2016\/10\/Customer-lifecycle-framework-ecommerce-marketing-150x88.png 150w, https:\/\/www.smartinsights.com\/wp-content\/uploads\/2016\/10\/Customer-lifecycle-framework-ecommerce-marketing-550x324.png 550w, https:\/\/www.smartinsights.com\/wp-content\/uploads\/2016\/10\/Customer-lifecycle-framework-ecommerce-marketing-768x453.png 768w, https:\/\/www.smartinsights.com\/wp-content\/uploads\/2016\/10\/Customer-lifecycle-framework-ecommerce-marketing-250x147.png 250w, https:\/\/www.smartinsights.com\/wp-content\/uploads\/2016\/10\/Customer-lifecycle-framework-ecommerce-marketing.png 1175w\" sizes=\"(max-width: 640px) 100vw, 640px\" \/><\/a><\/p>\n<h3>Plan - create a long-term roadmap for growth based on the opportunity<\/h3>\n<p>1. <em>Market potential<\/em>. E-commerce sales account for just 8% of total retail sales in the US and 14% in the UK - so still lots of room for growth! (Source: <a href=\"http:\/\/www.census.gov\/retail\/mrts\/www\/data\/pdf\/ec_current.pdf\">Census.gov<\/a>\u00a0and <a href=\"http:\/\/www.smartinsights.com\/ecommerce\/ecommerce-strategy\/online-retail-growth-different-sectors-chartoftheday\/\">Office of National Statistics<\/a>).<\/p>\n<p>2. <em>Market potential<\/em>. <strong>53% of global internet users have made an online purchase in 2016- approx that's 1 billion<\/strong>. (Source: <a href=\"http:\/\/www.census.gov\/retail\/mrts\/www\/data\/pdf\/ec_current.pdf\">US Government<\/a>)<\/p>\n<p>3. <em>Market potential<\/em>.\u00a0<strong>B2B eCommerce sales are expected to outgrow B2C sales<\/strong>, reaching\u00a06.7 trillion USD by 2020. (Source: <a href=\"http:\/\/www.cms-connected.com\/News-Articles\/July-2016\/eCommerce-Trends-and-Statistics\">CMS\u00a0connected<\/a>)<\/p>\n<p>4. <em>Market potential<\/em>. Total average eCommerce spend per customer over the course of\u00a0the year is estimated to be $1,800 in the US and 1,600 in the UK. (Source: <a href=\"https:\/\/infographic.statista.com\/normal\/chartoftheday_3790_e_commerce_revenue_per_online_shopper_n.jpg\">Statista<\/a>)<\/p>\n<p>5. <em>Marketing Technology<\/em>. The availability of marketing tools for e-commerce has exploded - <strong>over 3,500 different types of MarTech on the market in 2016<\/strong>. (Source: <a href=\"http:\/\/www.smartinsights.com\/?attachment_id=78883\">Scott Brinker<\/a>)<\/p>\n<p>6. <em>Consumer insight.<\/em> <strong>40% of US males aged 18-34 say they would 'ideally buy everything online<\/strong>, compared to 33% of females in the same age bracket. (Source: <a href=\"http:\/\/www.trueship.com\/blog\/2016\/03\/10\/ecommerce-statistics-all-retailers-should-know\/#.WASms5MrJhE\">DDB Worldwide<\/a>)<\/p>\n<h3>Reach your audience - increase site visits, build awareness<\/h3>\n<p>7. <em>Traffic sources<\/em>. <a href=\"http:\/\/www.smartinsights.com\/ecommerce\/ecommerce-analytics\/important-e-commerce-traffic-sources\/\">The top 3 traffic sources driving sales for Ecommerce sites<\/a>\u00a0(last click) are Organic (22%), Email (20%) and CPC (19%). Display and social account for just 1 and 2% showing the importance of measuring these using attribution.\u00a0Source: Custora.<\/p>\n<p>8. <em>Traffic sources<\/em>. <strong>43% of e-commerce traffic comes from Google search (organic)<\/strong> and <strong>26% \u00a0comes from Google Adwords<\/strong>. (Source: <a href=\"https:\/\/www.wolfgangdigital.com\/uploads\/general\/eComKPI2016-Public2.pdf\">Wolfgang digital<\/a>)<\/p>\n<p>9. <em>SEO<\/em>.\u00a0<strong>1 in 5 searches on US android\u00a0mobile app are voice searches<\/strong> - Does your e-commerce SEO strategy reflect this? (Source: <a href=\"file:\/\/\/Users\/robertallen\/Downloads\/2016_Internet_Trends_FINAL%20(1).pdf\">Google<\/a>)<\/p>\n<p>10. <em>Social media<\/em>. <strong>55% of US Pinterest users use it for finding products<\/strong>\u00a0(Source: <a href=\"http:\/\/www.kpcb.com\/blog\/2016-internet-trends-report\">KPCB Internet\u00a0Trends<\/a>)<\/p>\n<h3>Act - encourage interaction with product information and basket adds\u00a0and email subs<\/h3>\n<p>11. <em>Online behaviour<\/em>. <strong>39% of people will stop engaging with a website if it takes too long<\/strong>\u00a0<strong>to\u00a0load<\/strong> (Source: <a href=\"http:\/\/wwwimages.adobe.com\/content\/dam\/Adobe\/en\/max\/2015\/pdfs\/state-of-content-oct.pdf\">Adobe<\/a>)<\/p>\n<p>12. <em>Online behaviour<\/em>. <strong>38% of people will leave a website if they find the layout unattractive<\/strong>. (Source:\u00a0<a href=\"http:\/\/wwwimages.adobe.com\/content\/dam\/Adobe\/en\/max\/2015\/pdfs\/state-of-content-oct.pdf\">Adobe<\/a>)<\/p>\n<p>13.<strong>\u00a0<\/strong><em>Online behaviour<\/em>.<strong>\u00a0400 pixels from the left edge is the area of desktop site viewing which gets the most viewing time<\/strong> according to eye tracking surveys. (Source: <a href=\"https:\/\/www.nngroup.com\/articles\/horizontal-attention-leans-left\/\">Nielson Norman Group<\/a>)<\/p>\n<p>14. <em>Marketing Automation<\/em>. <strong>49% of high performing marketing teams are using predictive analytics<\/strong> to inform their approach to the customer journey. (Source: <a href=\"https:\/\/secure.sfdcstatic.com\/assets\/pdf\/misc\/state-of-marketing-report-2016.pdf\">Salesforce State of Marketing research<\/a>)<\/p>\n<p>15. <em>Multichannel behaviour<\/em>. <strong>81% of shoppers research their product online<\/strong> before purchasing (Source: <a href=\"http:\/\/www.chainstoreage.com\/article\/study-81-research-online-making-big-purchases\">GE Shopper research study<\/a>)<\/p>\n<p>16. <em>Multichannel behaviour<\/em>. <strong>Only 11% of users access the Internet via desktop only<\/strong> - almost all users are using multiple devices (Source: <a href=\"https:\/\/www.comscore.com\/Insights\/Presentations-and-Whitepapers\/2016\/2016-US-Cross-Platform-Future-in-Focus\">comScore<\/a>)<\/p>\n<p>17. <em>Consumer insight<\/em>. <strong>61% of high performing marketing are actively mapping the customer journey<\/strong>, compared to 22% of averagely performing teams and <em>6% of underperforming teams<\/em>.\u00a0(Source: <a href=\"https:\/\/secure.sfdcstatic.com\/assets\/pdf\/misc\/state-of-marketing-report-2016.pdf\">Salesforce Research<\/a>)<\/p>\n<p>See our Persona toolkit for the <a href=\"http:\/\/www.smartinsights.com\/guides\/customer-persona-toolkit\/\">best techniques for mapping the customer journey<\/a>.<\/p>\n<p>18. <em>Consumer insight<\/em>.\u00a0<strong>Mobile sessions accounted for 59% of all sessions<\/strong> by device on eCommerce sites, but these <strong>mobile browsers made up just 38% of revenue<\/strong> (Source: <a href=\"http:\/\/www.smartinsights.com\/?attachment_id=78867\">Wolfgang digital<\/a>)<\/p>\n<p>19. <strong>70% of eCommerce site users rank the ability to zoom in<\/strong> on product images among their <strong>top priorities for deciding on <\/strong>purchase. (Source: <a href=\"https:\/\/www.pressroom.ups.com\/pressroom\/ContentDetailsViewer.page?ConceptType=PressReleases&amp;id=1465390876904-365\">UPS<\/a>)<\/p>\n<p>20. <em>Online behaviour<\/em>. Referrals from Instagram spend the longest time on eCommerce sites, with an average session duration of 192 seconds - almost double Facebook and Triple Pinterest (source: <a href=\"http:\/\/www.smartinsights.com\/ecommerce\/ecommerce-analytics\/important-e-commerce-traffic-sources\/\">YOTPO - Ecommerce traffic sources<\/a>)<\/p>\n<p>21. <em>Lifecycle email strategy<\/em>. <strong>58% of the Top 1000 US online retailers send welcome emails<\/strong>. Why not more? (source: <a href=\"https:\/\/www.internetretailer.com\/trends\/marketing\/\">Internet retailer<\/a>)<\/p>\n<h3>Convert - achieve sale online or offline<\/h3>\n<p>22. <em>CRO<\/em>. <a href=\"http:\/\/www.smartinsights.com\/ecommerce\/ecommerce-analytics\/ecommerce-conversion-rates\/\">Average e-commerce conversion rates<\/a> vary from 3 to 4%. (Source:\u00a0<a href=\"http:\/\/www.monetate.com\/resources\/research\/\">Monetate<\/a>)<\/p>\n<p><em>23. CRO<\/em>. Conversion rates on smartphone (1.5% average) are one third of those of desktop (4.4%). (Source:\u00a0<a href=\"http:\/\/www.monetate.com\/resources\/research\/\">Monetate<\/a>)<\/p>\n<p>24. <strong>US e-commerce sales reached $396 billion in 2016<\/strong> - and are <strong>predicted to grow to a massive 684 billion by 2020<\/strong>. (Source: <a href=\"https:\/\/www.statista.com\/statistics\/272391\/us-retail-e-commerce-sales-forecast\/\">Statista - e-commerce sales forecast<\/a>)<\/p>\n<p>25. <strong>China's eCommerce growth will massively outstrip the US<\/strong>, with $1 trillion in eCommerce revenue in 2016, growing to 2 trillion by 2019. (Source: <a href=\"http:\/\/www.smartinsights.com\/?attachment_id=78858\">Atlas<\/a>)<\/p>\n<p>26.\u00a0<em>Multichannel behaviour<\/em>.\u00a0<strong>85% of customers start a purchase on one device<\/strong> and <strong>finish<\/strong> it <strong>on another<\/strong>. (source: <a href=\"https:\/\/www.thinkwithgoogle.com\/articles\/how-digital-connects-shoppers-to-local-stores.html\">Google - How digital connects shoppers to local stores<\/a>)<\/p>\n<p>27. <em>CRO<\/em>. <strong>44% will abandon their shopping card<\/strong> if the <strong>shipping cost is too high or if there are unexpected additional charges<\/strong>. (Source: <a href=\"https:\/\/receiptful.com\/blog\/75-ecommerce-facts-quotes-statistics-that-will-blow-your-mind\/\">Receiptful<\/a>)<\/p>\n<p>28. <em>CRO<\/em>. An <strong>Inconvenient returns policy deters 80%<\/strong> of shoppers (Source: <a href=\"https:\/\/www.trueship.com\/articles\/study-finds-that-convenient-online-product-returns-improve-profits-exponentially\/\">comScore<\/a>)<\/p>\n<p>29. <em>CRO<\/em>. 78% of internet users are concerned about sites they sign up with selling their data - make sure you make it clear you don't (or make it clear why if you do). Source: <a href=\"file:\/\/\/Users\/robertallen\/Downloads\/2016_Internet_Trends_FINAL%20(1).pdf\">A<\/a><a href=\"file:\/\/\/Users\/robertallen\/Downloads\/2016_Internet_Trends_FINAL%20(1).pdf\">ltimeter Group - online trust report<\/a>.<\/p>\n<p>30. <em>CRO<\/em>. <strong>Apple users are the most valuable online shoppers<\/strong>, with an average order value of $228, compared to $187 for a windows PC. (source: <a href=\"https:\/\/www.statista.com\/statistics\/183755\/number-of-us-internet-shoppers-since-2009\/\">Statista<\/a>)<\/p>\n<p>31. <em>Social commerce<\/em>. <strong>31% of Chinese WeChat users made a purchase through WeChat in 2016\u00a0<\/strong>- Double the rate of 2015. China is leading the way with the Chatbot revolution (Source:\u00a0<a href=\"http:\/\/www.mckinsey.com\/industries\/retail\/our-insights\/here-comes-the-modern-chinese-consumer\">McKinsey\u2019s 2016 China Digital Consumer Survey Report<\/a>)<\/p>\n<h3>Engage - build loyalty and sales from customers<\/h3>\n<p>32. <em>Customer loyalty<\/em>. It's <strong>7 times more expensive to get a new customer than retain an existing one<\/strong>. (Source: <a href=\"http:\/\/www.invespcro.com\/blog\/great-customer-experience\/\">Invesp<\/a>)<\/p>\n<p>33. <em>Average Order value (AOV<\/em>).<strong> AOV for repeat customers is twice as high as for <\/strong>first-time customers (Source: <a href=\"https:\/\/www.linkedin.com\/pulse\/20130604134550-284615-15-statistics-that-should-change-the-business-world-but-haven-t\">McKinsey<\/a>)<\/p>\n<p>34. \u00a0<em>Multichannel behaviour<\/em>.\u00a0<strong>Multi-channel shoppers spend 3 times<\/strong> more than single-channel\u00a0shoppers. (Source: <a href=\"http:\/\/www.smartinsights.com\/ecommerce\/ecommerce-strategy\/ecommerce-trends-watch-2016-infographic\/\">Euro IT group - Ecommerce trends<\/a>)<\/p>\n<p>35. <em>CSAT<\/em>. <strong>89% of shoppers have stopped buying from online store because of bad customer service<\/strong> (Source: <a href=\"https:\/\/receiptful.com\/blog\/75-ecommerce-facts-quotes-statistics-that-will-blow-your-mind\/\">RightNow<\/a>)<\/p>\n<p>36. <em>Consumer reviews<\/em>.\u00a0<strong>75% of reviews<\/strong> on eCommerce sites <strong>give the full 5 stars<\/strong> (Source: <a href=\"http:\/\/www.smartinsights.com\/ecommerce\/customer-reviews-social-proof\/incredible-new-stats-show-just-crucial-reviews-ecommerce-sites\/\">YOTPO<\/a>)<\/p>\n<p>37. <em>Delivery and returns<\/em>. 92% of US customers would consider delivery within 2 days to be 'fast delivery', but only 18% would consider delivery within 5-7 days as fast. (Source: <a href=\"http:\/\/www.criteo.com\/media\/3552\/criteo-ecommerce-industry-outlook-2016.pdf\">Criteo ecommerce outlook<\/a>)<\/p>\n<p>38. <span style=\"text-decoration: underline;\"><a href=\"http:\/\/www.smartinsights.com\/guides\/customer-persona-toolkit\/\">Delivery and returns<\/a><\/span>. <strong>30% of products bought online are returned\u00a0<\/strong>- and users expect this process to be easy! (Source: Invesp)<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A Smorgasbord of cutting-edge e-commerce stats\u00a0to benchmark your business against &#8216;It is the mark of a truly intelligent person to be moved by statistics&#8217; &#8211; George Bernard Shaw. I don&#8217;t think these statistics can lay any claim on being moving. &hellip;..<\/p>\n","protected":false},"author":137918,"featured_media":78856,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_glsr_average":0,"_glsr_ranking":0,"_glsr_reviews":0,"footnotes":""},"categories":[393],"tags":[1315],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>37 indispensable E-commerce stats for 2017<\/title>\n<meta name=\"description\" content=\"38 Indispensable E-commerce stats to inform your 2017 multichannel sales strategy A Smorgasbord of cutting-edge e-commerce stats\u00a0to benchmark your business against &#039;It is the mark of a truly intelligent person to be moved by statistics&#039;.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link 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