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Statistics and facts about online shopping

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Statistics and facts about online shopping
STATISTICS AND FACTS ABOUT ONLINE SHOPPING
*At the moment the most popular online store is called Amazon( Amazon.com ). so this website started as a online bookstore in 1995 but later in there progress they were starting to sell CDs, DVDs, video games etc. Over past years Amazon still continued to continue to extends its range and is now selling electronics, toys and much much more other products and adding on that, Amazon has built a large digital content business, which it supports with its own range of digital media consumption devices. In 2011, Amazon.com had produces more than 48 billion U.S thats a lot of money . Statistics from online shopping websites in the United States reaffirm Amazon’s leading position. In the second quarter of 2012, Amazon's websites had averaged 100 and a half million new visitors per month Which is amazing compared to 23.2 million visitors to Target’s website and also 18.3 million visitors to Best Buy's online site.

*Online shopping describes the process of consumers buying goods and services over the internet. Shopping online offers a wide range and variety of advantages for consumers it is often most of the time really fast, cheaper and more convenient and the product range which is now avaliable online is virtually infinite this includes clothes, books, toys, movies and music (both digital and physical) , groceries and the list of things goes on and on .

*Online shopping is becoming more and more popular over the past decade. The largest share of online revenues that was generated by retail shopping websites has earned over 160 billion U.S. dollars in 2011 .The U.S. e-commerce sales has grown from 72 billion U.S. dollars in 2002 to 256 billion U.S. dollars in 2011 this is a major change. A little more than one third of U.S. e-commerce revenue was generated by flight and travel booking websites in 2011. In 2011 the e-commerce market forecast predicted that online retail revenues alone would reach 269 billion U.S. dollars by 2015. Simultaneously, the number of online shoppers in the U.S atthe moment is to expected to grow from 137 million in 2010 to 175 million in 2016 according to eMarketer estimates.

*Online shopping is especially popular during the holiday season as consumers wish to avoid crowded stores when shopping for Christmas gifts. The Monday after Thanksgiving has become the most important online shopping day in the United States. Taking the concept of Black Friday to the internet, e-retailers lure consumers with special "Cyber Monday" deals. In 2011, U.S. online shoppers spent 1.25 billion U.S. dollars on this day, making Cyber Monday 2011 the biggest online spending day of all time.

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