New statistics have been released by digital services comparison website CyberCompare.net. This data clearly shows how important the online world has become in terms of driving things to shop for. It also clearly shows that people use social media and other methods of comparison shopping before deciding to make a purchase.
A UK based company that compares digital services, www.cybercompare.net, has today released fascinating statistics on online shopping and eCommerce. It is a known fact that online shopping is now a business that generates huge amounts of money across the world. Additionally, this field of commerce is growing tremendously. The average growth is 20% per year, and it is raising $1.5 trillion each and every year.
The world of eCommerce changes and evolves on a daily basis. There are constant new pieces of technology, and consumer behaviour never stays the same either. As a result, eCommerce is becoming sophisticate and dynamic. A very big focus at the minute is also on mobile shopping experiences.
There are now various very easy to use platforms for eCommerce. As a result, more and more would-be entrepreneurs are trying to get their foot in the door. These include creators, artists, shops, small business owners and more. They are looking for blogs, website and online stores to make more money. One of the elements they are interested in is domain names, which is why this study was seen as so interesting and necessary for Cyber Compare.
The research showed some very interesting details, which include:
“We believe that this data clearly shows the importance of comparison shopping, for all goods”, says Anthony Shapley, Managing Director of CyberCompare.net. “It also shows how important it is for businesses to use social media and to have a trustworthy website.”
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