Important Statistics and Facts on Ecommerce Optimization Every Online Shop Owner Must be Aware Of
In today’s digital age, ecommerce has become a crucial aspect of every business. With the rise of online shopping, it is important for every online shop owner to optimize their ecommerce website to ensure a smooth and efficient shopping experience for their customers. Here are 20 important statistics and facts on ecommerce optimization that every online shop owner must be aware of:
1- In 2023, ecommerce sales are expected to reach $4.9 trillion worldwide.
2- Approximately 87% of shoppers start their product search online.
3- The average cart abandonment rate for ecommerce websites is 69.57%.
4- 40% of consumers abandon a website that takes more than 3 seconds to load.
5- Around 63% of shoppers are more likely to purchase from a site that has user reviews.
6- Approximately 44% of online shoppers will leave a website if there is no contact information available.
7- Nearly 78% of consumers will abandon their cart if the shipping costs are too high.
8- 30% of online shoppers will abandon their cart if the website does not offer free shipping.
9- Around 69% of consumers prefer to shop with retailers who offer personalized recommendations.
10- 73% of consumers say that they would purchase again from an online store that provides friendly and efficient customer service.
11- Approximately 88% of shoppers who have a negative experience on a website will not return.
12- 97% of consumers have abandoned a cart due to poor website functionality.
13- 45% of online shoppers say that they would abandon their cart if they have to create an account to make a purchase.
14- Nearly 70% of online shopping carts are abandoned before the checkout process is completed.
15- Around 46% of online shoppers will return to a website if they receive a personalized email reminding them of their abandoned cart.
16- Nearly 42% of online shoppers say that they would be more likely to purchase from a website that offers a live chat option.
17- Approximately 51% of consumers prefer to shop with retailers who offer multiple payment options.
18- Nearly 67% of consumers will check a retailer’s return policy before making a purchase.
19- Around 88% of consumers have been influenced by an online review when making a purchase.
20- Nearly 78% of consumers say that they would recommend an online store to a friend if they had a positive shopping experience.
These statistics highlight the importance of optimizing your ecommerce website to ensure a positive shopping experience for your customers. By addressing issues such as slow loading times, high shipping costs, and poor website functionality, you can reduce your cart abandonment rate and increase your online sales. Additionally, offering personalized recommendations, friendly customer service, and multiple payment options can help you build a loyal customer base and increase customer retention. By keeping these ecommerce optimization statistics and facts in mind, you can create a successful online store that meets the needs and expectations of your customers.
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