e-Commerce is one of today's greatest opportunities for businesses to target new customers and significantly grow their business whether you sell one of thousands of products. Having a shop in the right location is important to target that catchment area and attract passing trade 6 days a week between the hours of 8am - 6pm. However, an online shop is open 24 hours a day, 7 days a week, all year round and can target the entire population.
|Some 167 million people will shop online this year, which will increase to 192 million by 2016 (spending an average of £1,200 per person per year)|
|Social commerce sales should total £3.1 billion by the end of this year and are expected to climb to £4.75 billion in 2013 and £20 billion in 2015|
|40% of consumers prefer social logins over creating a new/guest account|
|Among online retailers, only 33% have metrics in place to track social media ROI|