Tag Archives ecommerce

Still Thinking About An E-commerce Website?

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A lot of retailers are still contemplating whether or not to tackle having an E-commerce website. For most retailers, the personal experience that they provide for the customer is why they sell more products in-store. What about a consumer that already trusts your business, but does not have time to come into the store? These are the questions that Retailers are having to ask themselves when confronted with these everyday situations from their own customers.

Here are some stats below to motivate you to start thinking about looking into devising a website strategy that addresses E-commerce.

E-commerce sales are expected to grow to more than $400 billion in the next several years, with Forrester Research estimating $414.0 sales in 2018 and eMarketer estimating $491.5 in 2018.

092614_USeCommerceSales2014-2018_INSIDE

Source: eMarketer, Forrester Research

Click Here To Read The Article

As a business owner you need to take a look at what your website, SERP results and overall online web presence are saying about your business to a potential new customer. Most consumers today are pretty sophisticated when it comes to using mobile devices, researching products online before making a purchase, seeking peer reviews, and shopping online.

Here are some of the most important takeaways about who shops online:

The conventional wisdom is that women drive shopping trends, since they control up to 80% of household spending. However, when it comes to e-commerce, men drive nearly as much spending online in the U.S. as women.

Men are more likely to make purchases on mobile devices. Fifty-seven percent of women made a purchase online in 2013, compared to 52% of men, according to a study conducted by SeeWhy. But 22% of men made a purchase on their smart phones last year, compared to 18% of women.

Millennial, those consumers aged 18 to 34, remain the key age demographic for online commerce, spending more money online in a given year than any other age group. They spend around $2,000 annually on e-commerce. This, despite having lower incomes than older adults.

Boomers and seniors have adopted mobile commerce. One in four mobile shoppers in the U.S. is over the age of 55. That’s about even with their share of the overall U.S. population.

Online shoppers tend to live in households with higher-than-typical incomes. An Experian survey found that 55% of e-commerce shoppers in the U.S. live in households with incomes above $75,000 (40% were in households earning $100,000 and above). The median household income in the U.S. is around $50,000, according to the Census.

Read more: https://goo.gl/5YR20X

So where does this leave you and your business? Well hopefully a little more motivated! You do not have to run out and find a website company that will produce that E-commerce site for you in 90 days. What you should be thinking about it, is “when” you are going to integrate an e-commerce website into your Internet Marketing Strategy.

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Suereea Mathews

Agency 333 – Luxury Brand Marketing
Facebook Marketing Expert
Social Media Network Power Influencer

Forget Cyber Monday Try Cyber Week And Even Cyber Month

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The Biggest Cyber Monday Yet!

Are you a Retailer that does not offer Cyber Monday Incentives? 

These statistics will change your mind. Cyber Monday is definitely not losing its appeal with consumers. To the contrary, e-commerce sales went up 17% making it the biggest online shopping day that has been seen yet. Most e-commerce stores, decided to continue online sales for the rest of the week as well as through the end of the month.

E-commerce sales on the Monday after Thanksgiving hit $2.04 billion, up 17% compared to a year ago, according to analytics firm comScore, making it the biggest online shopping day ever, and the first to surpass $2 billion in sales. For the full five-day period, sales rose 24%, and e-commerce sales so far are running ahead of forecasts.

“Any notion that Cyber Monday is declining in importance is really unfounded, as it continues to post new historical highs and reflects the ongoing strength of online this holiday season,” said comScore Chairman Emeritus Gian Fulgoni.

The numbers come as a welcome tonic for retailers after the National Retail Federation estimated that sales, both online and in stores, over the Thanksgiving/Black Friday weekend were a bust.

http://fortune.com/2014/12/02/cyber-monday-sales-pass-2-billion/

Black Friday Sales Down In-store Online Sales Skyrocket? Have you read the article Black Friday Sales Down In-store Online Sales Skyrocket? The statistics in these articles are a great way to help you plan your 2015 Internet Marketing Strategy for the 2015 Holiday Season. It is never to early, or even to late to start making this plan. Need some help to get started? Click the blue link below. Agency 333 Luxury Brand Marketing is here to help your business.

Website Audit & Internet Analysis

Having a difficult time figuring all of this Internet Stuff out?

Click Here For A Website Audit & Internet Analysis

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Suereea Mathews

Agency 333 – Luxury Brand Marketing
Facebook Marketing Expert
Social Media Network Power Influencer