Statistics show that while brick-and-mortar purchases still make up a majority of consumer spending, online shopping is steadily on the rise. And, with new challenges brought about by inflation, struggles in supply chain, pricing, and more, a crop of new small businesses, direct-to-consumer retailers, and ecommerce startups are gaining popularity with shoppers. We’ve gathered 75…
Statistics
27 Contactless Payments Statistics for 2024
Contactless payments are transactions made without a credit card making direct contact with a card reader; instead, payment information is transmitted via near-field communication (NFC) technologies. Contactless payment methods include tap-to-pay contactless chip cards, mobile payment options like Apple or Google Pay, and scannable quick response (QR) codes. All these methods are only available when…
2023 Cyber Monday Statistics & Results
Cyber Monday, the ecommerce counterpart to Black Friday, happened Nov. 27, 2023 and saw huge success despite tenuous economic conditions. In this article, we will look at all things Cyber Monday, with 26 statistics covering everything from Cyber Monday stats and trends to sales numbers and fun facts. But before we delve in, here is…
28 Buy Now, Pay Later Statistics for 2024
Short-term financing, often referred to as buy now, pay later (BNPL) or customer financing, lets consumers pay for purchases over time through a series of installments. It is also one of the most prominent trends in the retail market. Where financing used to be popular only for large purchases like furniture and cars, consumers now…
2024 New Year Resolution Consumer Statistics
New Year’s resolutions are a popular way to approach self-improvement and achieve goals. These commitments are heavily influenced by cultural and economic trends and have a significant impact on early-year spending. These New Year resolution statistics for consumers break down the 2024 goal landscape with trends, demographics, and insights into the psychological drivers that shape…
16 Microfinance Statistics You Need to Know for 2024
Microfinancing is the process in which small loans are issued to individuals or companies that may not qualify for traditional means of financing. Loans can range from as low as $50 to as much as around $50,000 and are typically designed to help underserved communities and businesses, such as startups or companies, that don’t have…
32 Livestream Shopping Statistics to Know for 2024
Livestream shopping, also known as live shopping/live commerce, is a marketing technique in which businesses hold live shopping events online—frequently via Facebook, YouTube, or Instagram—to showcase and sell their products. Viewers can see the products in action, ask questions during the event (which is often hosted by a celebrity or influencer), and ultimately purchase items…
42 Amazon Statistics Sellers Need to Know for 2024
Amazon is the leading online retailer worldwide, and selling on Amazon is a lucrative venture for many independent sellers. We’ve gathered more than 40 Amazon statistics that can help you start your Amazon business or take your existing Amazon store to the next level. Amazon Statistics Overview 1. Amazon is forecast to reach $746.22 billion…