Reports from yStats.com and Global Industry Analysts (GIA) have found that America’s booming e-commerce market is set to grow even further. Author: Deborah Bates
Reports from yStats.com and Global Industry Analysts (GIA) have found that America’s booming e-commerce market is set to grow even further.
Cited by Sfgate.com, GIA’s data predicted that the industry could reach $1.6 trillion in worth over the next few years; with the report also explaining why online shopping has become so popular amongst American consumers.
“For today’s time-strapped and cost-conscious shoppers e-commerce offers an irresistibly simple and smart shopping mode with conveniences such as desktop browsing and selection, access to multiple sites, a vast range of choices and hassle-free delivery methods,” it confirmed. It could also be the ease with which shoppers can make an online payment that’s encouraging them to ditch traditional stores.
“With an increasing number of consumers using the internet, the level of participation in e-commerce is also expected to register a whopping growth in the years to come,” the report added.
What’s more, yStats.com’s research found that as e-commerce grows, so will the usage of coupons. American shoppers are notorious for their love of these discount-friendly vouchers and are seemingly utilising them online as much as they are in stores. In fact, by 2012, there will be 100 million online coupon users.
Cited by Openpr.com, the data also revealed that by 2015, 80 per cent of all American internet users will be avid online shoppers.