The business-to-business (B2B) payments market is growing, with payments becoming increasingly digital. Although the market as a whole is becoming more flexible and secure, some challenges inhibit businesses’ ability to manage B2B payments efficiently, not to mention expand internationally. Whether you operate a B2B company or need to make regular or recurring payments to your…
Statistics
25+ Social Commerce Statistics for 2024
It’s time to go social! Let these stats help you decide which platform to sell on and how to market your products to increase sales.
Social shopping has gone mainstream. People are on their phones and scrolling on social media all the time, creating an opportunity for retailers. Social commerce has become easier and more popular—in-app purchases are increasingly common and more brands are shifting focus to their social channels to drive sales. Let the social commerce statistics below help…
Digital Payment Market Growth & Statistics for 2024
The digital payments market refers to the ecosystem where transactions are conducted electronically, eliminating the need for physical currency or cards. It includes various forms of electronic payments, including mobile wallets, account-to-account (A2A) or peer-to-peer (P2P) transfers, contactless payments, Buy Now, Pay Later options, and cryptocurrency. This market has experienced exponential growth in recent years,…
16 Leadership Statistics for 2024: Key Trends You Need to Know
Leadership statistics provide important insights to HR and business leaders so they can create strategies and make informed decisions about developing leaders and employee management challenges. To give you an idea of trends to watch out for, we compiled over a dozen statistics about leadership, leader demographics, and development opportunities. Leadership Challenges 1. Only 12%…
21 Customer Service Live Chat Statistics You Need to Know in 2024
A vast majority of small businesses are missing the benefits of live chat software that can help increase productivity, customer satisfaction, and sales. See how with these live chat statistics. Live chat is a customer service tool that human support representatives use to provide real-time, immediate assistance to customers. It enables businesses to provide a…
25 PPC Statistics to Power Your Small Business in 2024
PPC (pay-per-click) advertising can be one of your most useful marketing strategies to grow your small business. It can garner many views, engagements, and conversions, even if you’re short on time or budget. So it’s no wonder it’s one of the most-used marketing tactics for businesses big and small. Take for example these PPC statistics:…
2024 Mother’s Day Spending Statistics
Mother’s Day is an important date for families and businesses. Retailers and restaurants see considerable upticks in sales each year on this special day. Mother’s Day offers retailers and small businesses an opportunity to connect with their customer base and help families celebrate Mom. This year, the same majority of the population plans to celebrate…
22 PayPal Statistics for 2024
PayPal is one of the most popular financial technology companies that lets users send and receive money. Businesses use PayPal to accept payments, create and send invoices, process payments on their website, and as a point-of-sale (POS) solution. We’ve put together 20 PayPal statistics to help you better understand how it is used by individuals…