The E-Commerce Pie is a $220 Billion Industry in the U.S.
We’ll Help You Gain Your Piece of the Profits.
Numbers don’t lie, and when it comes to projections for growth in the next three years, E-Commerce statistics are turning financial heads. In the United States alone, E-Commerce (buying and selling goods and services online) is a $220 billion industry, growing by nearly 17% a year. By 2017, online retail sales are expected to hit $370 billion!
Before we start celebrating — and planning — let’s get back to basics and take a look at how E-Commerce is defined, and how businesses in Northeastern Pennsylvania can make the most of their online sales.
The Power of E-Commerce
E-mail, electronic bulletin boards, fax transmissions, electronic funds transfer, Internet shopping, online stock and bond transactions, downloading and selling of “soft merchandise” (software, documents, graphics, music, etc.), and business-to-business transactions all fall into the E-Commerce category.
The concept of E-Commerce is all about using the Internet to do business better and faster while enhancing the shopping experience for online buyers. E-commerce gives shoppers around the world access to your business 24 hours a day, 7 days a week. They shop while you tend to customers in your brick-and-mortar store, have lunch with a friend, or sleep!
E-Commerce is a cost-effective way to do business because it allows you to make sales without any overhead or incurring the cost of hiring additional personnel. Electronic selling also virtually eliminates processing errors because systems are automated.
E-Commerce is a powerful tool, and business owners who want to attract more customers and increase sales must incorporate E-Commerce into their business plans.
Communicate With Your Customers Online
Design Done Right develops Web sites designed to optimize E-Commerce for brick-and-mortar businesses as well as internet startups.
Why Mobile Matters
More people are shopping online than ever before, and that trend will continue. Black Friday 2014 is the perfect example: online sales grew 20.6% over Black Friday 2013, driven by mobile shopping, promotions, and email marketing. Mobile shopping was almost one- third of online shopping, with 30.3% of online sales done on phones and tablets, up from 22.5% on Black Friday 2013.
The data shows that mobile really does matter:
- 5 million U.S. Internet users will buy goods or services via mobile devices at least once this year, including 52.3 million who will buy via smartphones and 71.1 million who will buy via tablets.
- By 2017, mobile commerce will account for 26% of U.S. retail E-Commerce sales (which excludes travel and event tickets) up from 19% in 2014.
- In the United Kingdom, mobile will account for an estimated 24% of retail E-Commerce sales in 2014; then 35% in 2017.
- When searching for local business information, 78 % of mobile searches via smartphones, and 64% of mobile searches via tablets, result in a purchase.
Ready, Click, Shop
With E-Commerce, your customers shop at their leisure, make their selections, purchase items and choose shipping methods through interactive online forms. E-Commerce transactions must take place through secure electronic connections and special merchant accounts for accepting payment. Our team is experienced in creating these forms and establishing these accounts.
Design Done Right serves businesses in Northeastern Pennsylvania and beyond, including Scranton, Wilkes-Barre, Clarks Summit, Milford, Dickson City, White Haven, Lake Wallenpaupack, Honesdale, and Wayne, Lackawanna, Luzerne, Monroe, and Pike Counties. Our clients are also found in New York and Northern New Jersey.
We’ll help your business prosper, and put more money into your pocket by strategically targeting your core group and showing the world your products. Call us today to sign up for a free consultation on what E-Commerce can do for you!
After all, there’s a chunk of a $220 billion E-Commerce pie with your name on it.
Sources: AmeriCommerce, Forbes.com, CBSnews.com, Comscore.com, EcommerceEducation.com