Back to Blog
Written by
Anton Moskalenko
PPC Specialist at Cpamatica
CONTENTS
eCommerce eCommerce Strategy online shopping PIM

5 eCommerce Facts To Leave You Open-Mouthed

3 min read
January 14, 2021

Do you know what country is a new ‘bright spot’ for global retailers based on A.T. Kearney’s annual ranking? Or how many Americans receive one or two Amazon packages per week? And what grocery retailer operates in all five of the world’s biggest markets?

The surprising answers to these questions are great proves that retail isn’t a humdrum business of just selling goods to customers. In this topic, we’ve gathered the top-5 astonishing facts about retail in the world, which probably will leave you open-mouthed. So, let’s play cards up!

Online Shopping Statistics for Men and Women

E-COMMERCE FACT 1

Why do women enjoy shopping more than men? Because they spend less! The recent research by KPMG reveals that men spend around 69% more on online-shopping than women do. One of the possible reasons is that men are more likely to buy electronics and luxury products, while women are interested in cosmetics, clothes and accessories. Anyway, both men and women mark accurate product content as an extremely important factor for purchase-decision. Keep that in mind no matter what you sell. To define what is accurate (rich) product content and why it is a must for brands and retailers to keep it updated across eCommerce sales points, read our recent article on Product Content Syndication

Total Retail Sales in Dubai

Travellers contribute 25% of total retail sales in Dubai. UAE capital is the city, where tourists are spending more money than in any other city in the world. On average each visitor spends 166$ on shopping per day, which results in a fantastic 9$ billion in total per year. Get your wallet ready if you plan to visit Dubai ?

E-COMMERCE FACT 2

Retail Trends in Ghana

E-COMMERCE FACT 3

Ghana placed fourth place in 2019 Kearney Global Retail ranking — an incredible result for a small African country. The size of Ghana’s retail industry is about US$24.4 billion, but the number of international retailers is growing rapidly. During the last 3 years, international brands such as Decathlon, Game, DHL e-shop, Shoprite, Massmart have joined the Ghana retail fairytale while other big players are considering expansion. Internal retailers keep up with global trends and actively use social media for selling products online. Namely, digitalization will be a key factor of further retail growth in Ghana, which is expected to reach US$33 billion by 2024, based on the Kearney Report.

Amazon Packages Statistics for USA

E-COMMERCE FACT 4

Every second American aged from 18 to 35 receives one or two Amazon packages every week. And on average, 41% of US consumers place at least one order on Amazon per week. These statistics perfectly show us how strong Amazon dominance is. According to eMarketer, the Amazon market size is 47% of all eCommerce market, which is a 5% share of U.S. retail. Jeff Bezos still forces the American eCommerce sector with Amazon madness and there is no doubt that he will take a larger piece from US retail pie.

Worldwide Grocery Retail Trends

E-COMMERCE FACT 5

Do you still want to find out what grocery retailer operates in all five of the world’s biggest markets? So, the answer is (drum roll)… Oh, error. There is no such retailer in the world! In contrast to other industries, grocery retail is a battlefield of local players. The point is that every grocery retailer that has invested in foreign expansion usually tasted failure because of entry barriers. Therefore, grocery retail is a great example of an industry that can’t travel across borders. However, this statement can become a good motivation for Walmart, Costco, Kroger, and other “big fishes”.

At Gepard we are continuously publishing eCommerce market analytics, useful tips and interesting facts. Stay tuned!

Increase Operations Efficiency With PIM

 

 

Written by Anton Moskalenko
PPC Specialist at Cpamatica

You May Also Like

Back To School Sales Tips
9 min read
eCommerce Strategy

TOP 5 Back To School Sales Hacks To Increase Sales

Getting ready for the back to school sales can be difficult, but Gepard PIM's software can really take the stress out of routine work with product content.

Read more
What Are Some Product Fulfillment Hacks?
7 min read
eCommerce Strategy

7 Product Fulfillment Hacks That eCommerce Owners Should Apply In 2022

Explore the best product fulfillment tips for eCommerce store owners to meet customer expectations and grow your business.

Read more
Why Use Multiple Taxonomies?
9 min read
Product Information Management

Employ Multiple Product Taxonomies: The Key To eCommerce Success

Find out how employing multiple taxonomies can boost your team's productivity, help you stay ahead of the competition, and so much more.

Read more
eCommerce Video Marketing
7 min read
eCommerce Strategy

7 Best Examples Of eCommerce Product Video Marketing

Read about the importance and benefits of product video marketing for online sales, and learn the best practices from famous brands.

Read more
How To Reduce Customer Churn?
7 min read
eCommerce Strategy

How To Reduce Customer Churn And Improve Customer Retention Rate

How do you prevent customer churn and retain more consumers? Learn more about the churn metric and ways of keeping more people in your client base.

Read more
eCommerce Strategies For Uncertainty Times
8 min read
eCommerce Strategy

The Best eCommerce Strategies In Times Of Uncertainty

Learn how your online company can survive in the precarious times of uncertainty by revamping its eCommerce strategies and leveraging specialized software.

Read more
How To Build An eCommerce Brand?
7 min read
eCommerce Strategy

How To Build A Strong eCommerce Brand

Read how to build a strong eCommerce brand and explore the components of a successful online sales business.

Read more
What Is Jobs To Be Done?
8 min read
eCommerce Strategy

Jobs To Be Done For eCommerce Customer Journey Map

Learn what is jobs to be done approach and how to apply JTBD framework for an eCommerce customer journey mapping.

Read more
What Is Cross Border eCommerce?
8 min read
eCommerce Strategy

Cross-Border eCommerce – State Of The Art

Cross-border eCommerce presents a lucrative opportunity for businesses to scale up, tapping overseas markets. Click to learn more and see how to get started.

Read more
What Is Headless eCommerce?
10 min read
eCommerce Strategy

Headless eCommerce: Flexible Opportunities For Your Digital Business

What is headless commerce and how exactly does it contribute to the traditional eCommerce development philosophy? Find out all the ins and outs in the article.

Read more
Back To School Sales Tips
9 min read
eCommerce Strategy

TOP 5 Back To School Sales Hacks To Increase Sales

Getting ready for the back to school sales can be difficult, but Gepard PIM's software can really take the stress out of routine work with product content.

Read more
What Are Some Product Fulfillment Hacks?
7 min read
eCommerce Strategy

7 Product Fulfillment Hacks That eCommerce Owners Should Apply In 2022

Explore the best product fulfillment tips for eCommerce store owners to meet customer expectations and grow your business.

Read more
Why Use Multiple Taxonomies?
9 min read
Product Information Management

Employ Multiple Product Taxonomies: The Key To eCommerce Success

Find out how employing multiple taxonomies can boost your team's productivity, help you stay ahead of the competition, and so much more.

Read more
eCommerce Video Marketing
7 min read
eCommerce Strategy

7 Best Examples Of eCommerce Product Video Marketing

Read about the importance and benefits of product video marketing for online sales, and learn the best practices from famous brands.

Read more
How To Reduce Customer Churn?
7 min read
eCommerce Strategy

How To Reduce Customer Churn And Improve Customer Retention Rate

How do you prevent customer churn and retain more consumers? Learn more about the churn metric and ways of keeping more people in your client base.

Read more
eCommerce Strategies For Uncertainty Times
8 min read
eCommerce Strategy

The Best eCommerce Strategies In Times Of Uncertainty

Learn how your online company can survive in the precarious times of uncertainty by revamping its eCommerce strategies and leveraging specialized software.

Read more
How To Build An eCommerce Brand?
7 min read
eCommerce Strategy

How To Build A Strong eCommerce Brand

Read how to build a strong eCommerce brand and explore the components of a successful online sales business.

Read more
What Is Jobs To Be Done?
8 min read
eCommerce Strategy

Jobs To Be Done For eCommerce Customer Journey Map

Learn what is jobs to be done approach and how to apply JTBD framework for an eCommerce customer journey mapping.

Read more
What Is Cross Border eCommerce?
8 min read
eCommerce Strategy

Cross-Border eCommerce – State Of The Art

Cross-border eCommerce presents a lucrative opportunity for businesses to scale up, tapping overseas markets. Click to learn more and see how to get started.

Read more
What Is Headless eCommerce?
10 min read
eCommerce Strategy

Headless eCommerce: Flexible Opportunities For Your Digital Business

What is headless commerce and how exactly does it contribute to the traditional eCommerce development philosophy? Find out all the ins and outs in the article.

Read more

Let’s Get In Touch

Need to contact us? Just use this form

Gepard Privacy Policy
Success