With physical retail set to open again this coming week, the way we shop in ‘bricks and mortar’ stores is changing forever. Data from the Bazaarvoice Network and analysed by MarketingWeek shows that whilst in lockdown “customers started to really embrace online shopping and began setting themselves up for what looked to be a long period spent at home.”

There was a 21% increase in online orders in March 2020 vs March 2019, and in a survey they conducted with over 3,000 members of the Influenster community, 41% of respondents answered that they were “currently shopping online for things they would normally shop for in-store.” New data from Signifyd also found that buying online to pick up in store, where it was available, saw purchases surge 248% at the end of May compared with before the pandemic.

eCommerce is booming. It is becoming the first port of call for shoppers and the need to be doing it right is vital. Even with stores opening up again, the trend to purchase and collect in store is expected to continue to rise.

The team at smartminded read through a series of articles published across a number of B2B blogs and searched for the most important stats. They looked for the ones that would help companies to take action and grow their business as fast as possible. They created an amazing infographic with what they saw as the six most important points, that they thought you should keep in mind. It’s attached to this article for you to take a look at.

We looked through what they found and pulled out our favourites to help you drive your business toward growth. You can take a look at their full list and download a handy pdf checklist to keep on hand whilst you’re planning your next steps.

 

Here are our picks.

93% of the millennials compare online offers with a mobile device. (Statista)

32% of shoppers changed their decision to purchase items after viewing the product information on their mobile devices in a physical store. (Invesp)

Aborted shopping cart emails have an average opening rate of 45%. (Moosend)

Last year, companies lost $756 billion due to poor personalization of e-commerce. (OptinMonster)

73% of consumers will switch from a badly designed website to one that makes shopping easier. (Google)

46.5% of small to mid-sized businesses say that offering free shipping increases their profits. (MCM)

If it is necessary to create an account during the checkout process, 23% of people will immediately abandon the shopping cart. (Baymard Institute)

eCommerce sites can gain a 35% increase in conversion rates with an optimized checkout design. (Baymard Institute)

The biggest reason for shopping cart abandonment is extra costs that are too high. (Baymard Institute)

 

e-commerce statistics

 

If you’re looking for advice on how to take advantage of these stats we’re here to help. Both our Experience team and Magento team can help you out. The Experience team can start with a quick audit which within 2 weeks will have delivered a report outlining your users’ frustrations, your website performance and have the first solution live. Our Magento team can talk to you about accelerating your business growth. We’ve tailored a solution for everyone, no matter where the start point in the market is. Take a look at what we have on offer and reach out so we can help you launch your new digital shop front.