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From the convenience of fast and free shipping to wide product choice, more consumers opt to shop online. trillion 2026 $7.41 important”> Product Category Share of US Digital Buyers (who made a purchase in the past month) Clothing 67.1% Beauty products 43.1% Pet products 35.7% Beauty products 43.1%
Ecommerce is businesses selling products online, and people buying those products online. Boston Consulting Group , 2023) A majority of social media marketers (68%) use social media to drive traffic to products on its own website. Statista , 2023) The global conversion rate of online shoppers is 1.9%. trillion USD market cap.
Ahrefs) In the US, 53% of people research products using search engines before making a purchase. Wyzowl) 72% of customers would rather watch a video than read about a product (Gitnux) Image Source: Gitnux Websites with video content are 53x more likely to rank on page one of Google SERPs. billion by 2026. billion by 2026.
31% of millennials in the UK with a household income of over £100K are on Pinterest More than 75% of Pinterest users are from outside the U.S. 86% of millennials use Pinterest to plan life events. 63% of millennials use the platform to search for products and services. Over 75 billion pins have been uploaded to Pinterest.
Here, you can grow demand for your product, services, or institutions as more people choose online education. billion by 2026. Education marketing is the practice of promoting educational institutions, programs, products, or services to prospective students (aka clients), thus increasing student enrollment. Image Source 3.
B2B marketing refers to the marketing strategies employed by firms selling their products and services to other businesses. This is because buyers seek expertise when dealing with other businesses, while consumers typically seek the best deals and most exciting products. trillion by 2026. Estimated reading time: 9 minutes.
trillion by 2026, a 320% increase African American – projected to reach $2.1 trillion, a 367% increase from 2000 to 2026 Population growth. In the US, Hispanic, African American and Asian American consumers lead the multicultural market with buying power expected to reach $7 trillion by 2025. Forbes ) Digital engagement.
trillion globally by 2026. trillion globally by 2026, up from $4.9 More than half (56%) of Irish consumers say the pandemic has changed the way they pay for products and services, with close to three quarters (73%) now preferring cashless transactions. 2021 product subscriptions drop notably in the US.
They said ongoing staffing, transportation and product shortages could prompt companies to hold back on spend across social platforms and opt to redirect budgets elsewhere during the crucial final quarter of the year. share of revenue. UK digital ad spend set to hit record growth by the end of 2021. in June 2021, up from $0.93
Recommerce can be defined as the practice of selling previously owned or used products. According to eBays 2024 Recommerce Report , 86% of global consumers bought or sold pre-owned goods in the past year, with Millennials and Gen Zers aged 25 to 34 leading the trend. in 2026, $91.63; an average of about 0.4%
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