According to Nielsen….
- 92% of people trust recommendations from friends and family over any other type of advertising. And we all have 100’s of family and friends on Facebook and other social media sites.
- 74% of consumers identify word of mouth as a key influencer in their purchasing decisions.
HubSpot shows that 75% of people don’t believe adverts, yet 90% trust suggestions from family and friends.
In other words:
People trust friends, family (and even strangers) more than they do ads.
Let’s do a brief review of 6 online shopping statistics you should know about. I collected these stats from an online article posted by OBERLO.com
Stick with me here. I’m going to tie all of these together to show you why this is so, so important.
1.How Many People Shop Online?
In 2018, an estimated 1.8 billion people worldwide purchased goods online (Statista, 2018).
In the same year, global e-retail sales amounted to $2.8 trillion. If that isn’t enough to blow you away, projections show that global e-retail sales are going to grow to up to $4.8 trillion by 2021.
2. Shopping Begins Online
63 percent of shopping occasions begin online (Thinkwithgoogle, 2018).
This means that no matter where customers are finally making the purchase (online or in a brick-and-mortar store), their customer journey is starting online – in most cases on Google or Amazon, where they’re doing their research. That’s also why it’s crucial for brands to have a strong online presence.
3. Consumers Shop via Mobile
Nearly half of consumers shop more on mobile than in-store (Ibotta, 2018).
It’s no secret that mobile shopping has been on the rise. Consumers are using their mobile devices for all steps of the buyer journey, and that includes various online shopping activities.
As of the fourth quarter of 2018, desktop PCs accounted for roughly the same amount of global e-retail orders as smartphones. In terms of retail website visits however, smartphones took the lead, and was the number one device that people were using to visit retail websites.
4. The Biggest Marketplace Worldwide
Chinese platform Taobao is the biggest online marketplace, with a GMV (gross merchandise value) of $515 billion (Statista, 2019).
For comparison, Tmall and Amazon ranked second and third with $432 and $344 billion in annual third-party GMV respectively.
To put this statistic into perspective, the top online marketplaces in the world sold $1.66 trillion in 2018. Marketplace sites like those operated by Alibaba, Amazon, and eBay accounted for more than 50 percent of global web sales in 2018.
An ecommerce marketplace is a website where the products are provided by several third parties while the transactions are processed by the marketplace itself. The transaction is processed by the marketplace and then the order is fulfilled by the chosen retailer or dropshipper.
And since ecommerce marketplaces list products from a number of different sellers, there is usually more variety and availability in terms of products, compared to online retail stores.
Stay with me now! Keep reading. I’m going to tell you why all of this is important in a moment.
5. Impact of Coronavirus (COVID-19) on Shopping Behavior
One of the biggest shifts in shopping behavior this year has undoubtedly come from the impact of the coronavirus.
With countries across the globe imposing strict lockdown measures in a bid to limit the spread of the virus, the number of consumers shopping online, especially for groceries, has skyrocketed.
According to a recent study, in March 2020, 42 percent of the US population purchased their groceries online at least once a week (GeekWire, 2020). This marks a stark increase from 22 percent just two years ago. Daily online grocery sales have also as much as doubled.
But this is more than just a temporary boost. It’s also causing a mindset shift. Over half of online grocery shoppers say they’re now more likely to continue to shop online even after the pandemic.
Experts say this is an “inflection point” for the online grocery shopping trend, and Amazon is likely to be the biggest beneficiary. Amazon has been the most popular platform for these shoppers, with six out of every ten doing their online grocery shopping with the ecommerce giant. In fact, demand has grown so much that orders for groceries on Amazon have increased by as many as 50 times.
6. How Often Do People Shop Online?
So we know by now that people are shopping online, but how often do they do it? 62 percent of online buyers shop at least once per month (Episerver, 2019). In addition to that 26 percent of online shoppers shop online once a week, and 3 percent claim to shop once a day.
7. Fastest Growing Ecommerce Categories During Coronavirus (COVID-19)
The coronavirus pandemic sparked panic-buying in many countries all over the world both in in-person shops such as supermarkets and pharmacies as well as in ecommerce shops.
As expected, essential items and in particular medical products saw a massive surge in online sales. A recent survey by Adobe revealed that sales for products such as hand sanitizers, gloves, and masks grew more than 800 percent over the first ten weeks of the year (Adobe, 2020).
Toilet paper and over-the-counter drugs for flu, cold and pain also flew off the online shelves, with sales jumping by 231 percent and 217 percent respectively.
And with gyms shutting down and outdoor movement severely limited, the demand for fitness equipment has increased by 55 percent in just the first two weeks of March alone as more people look to exercise at home.
Sales of home furnishing products are also on the rise because people are not only spending more time at home but also setting up a home office. In the US, sales for home improvement products have increased by 13 percent in early March compared to about a year ago.
Summary: Online Shopping Statistics 2020
- An estimated 1.8 billion people worldwide purchase goods online.
- 63 percent of shopping occasions begin online.
- Nearly half of the consumers shop more on mobile than in-store.
- Chinese platform Taobao is the biggest online marketplace, with a GMV of 515 billion U.S. dollars.
- Because of the coronavirus, 42% of the US population bought groceries online in March 2020, nearly double the 22% in 2018.
- 62 percent of online buyers shop at least once per month.
- Sales of virus protection-related products increased by 807 percent over the first ten weeks of 2020.
So why am I sharing all of this information with you?
Whoopee! When you put it all together, here’s the magic formula:
- WOM advertisement (Inviting your family + friends on social media to join our FREE community. (The 1-Minute Messenger will play a major role here as I will explain in the next email.)
- Ecommerce Shopping (Our members will have access to literally 100’s of 1’000 of products) Click here to take a look at our community store and browse the different categories. Each of our members will earn multiple streams of monthly passive income.
- Members can purchase product they desire + everyday produce they need. We will re-circulate the money we are already spending back into the network to create wealth to support our families and our communities.
- Work from home (Our system is inflation proof. And it doesn’t matter what kind of market we’re in. Each of our members get to avoid the COVID 19 virus because we can work from home using our cell phones to grow the community.)
When we combine all of these features and benefits, we have a massive wealth generating opportunity for our members.
In fact…I envision that we can become the “new” Amazon for the “the common working-class people in American”. It’s your time to claim what belongs to you. And working together as a community is the key to our success.
It goes back to my original belief of why I’m doing this:
I believe that every single person in America can build generational wealth for themselves and their family when we work together.
Join our FREE community today?
Let me tell you a bit more on “how” you will benefit and what “role” you will play.
But before you do…let me tell you about simple, straight-forth plan:
In Step 1 of our plan…
First…we will work together as a community and recirculate the money we spend, on products we are already using, back into our pockets so we can take care of our families and our neighborhoods.
We will purchase products from our community online store so we can control the cash flow.
Second…we will continually increase the number of new members into our community. The more members we sponsor…the more products and services we can purchase…which means the more wealth we will build.
Therefore increasing the amount and frequency of community store purchases while consistently increasing our membership enrollment will mean sustainable massive wealth creation for our families and our communities.
We presently have over 2,500 household products (and growing) in our community online store. When we shop our online store and refer our family and friends to join our network…up to 97% of the profits generated will be re-circulated back into your bank account and back into your community.
In fact, based on our compensation plan…you will personally earn 5% commissions on the very first shopper up to the next 100,000 shoppers who join our wealth-building community that follow you.
So let me say this in a different way.
- 100 loyal community members will create you an extra $500 in monthly income.
- 200 members will create you an extra $1,000 in monthly income.
- 300 members will create you an extra $1,500 in monthly income.
- 400 members will create you an extra $2,000 in monthly income.
- And the numbers just keep growing.
We are talking about a life-time monthly income as a faithful member of our community. And that’s just a tip of the iceberg.
Some of the product categories include:
- Beauty & Body Care
- Vitamins & Supplements
- Home Products
- Natural Remedies
- Health & Medicine
- Sexual Wellness
- Vitamins & Supplements
- Weight Loss Products & Supplements
Oh! Let me say this. These videos was created some time ago before we added additional wealth-building services. So they are a bit out of date.
And get this….The 1-Hour Workweek will invest up to 80% of our profits to building businesses neighborhoods that you can become part owners in.
In fact…your participation will help us in reaching our goal of sponsoring 100 million members and creating 1 million jobs in our communities over the next 7 to 10 years. See Video!
Likewise…our mission is to increase the growth of small business owners nationwide by encouraging small business owners to sell their products and services on our website.
Again, what better way to shop than when everyday common people like us can purchase products from a growing network of small business owners? And where we all get to be business owner as well?
Some of this stuffs seems a bit redundant. And it is. But this is the stuff I want to get into your head because it is so, so important. I’m going to keep preaching to you over and over and over again about the reason we exist. And you need to do the same to the people you tell about us.
Drum Roll please! This is what we’ve been waiting for our entire lives. And there is enough for everyone to benefit when we do it together. It’s time to make free money.
In the next email lesson, I’m going to tell you about a powerful little success strategy I created just for our members. It called the 1-Minute Messenger.
The 1-Minute Messenger is a plan where you are literally guaranteed to make money to pay-off your monthly bills and other debt you may have accumulated.
And here’s the thing…
Each time you use the 1-Minute Messenger, you will move a step closer to paying-off an unwanted bill. And the more you play, the more bills you get to eliminate.
You will also get access to the one tool you will need, your personal affiliate link, as part your FREE lifetime membership. Your affiliate link will allow you to earn a progressive, steady month passive income. It will be the tool by which you will create your financial freedom and ongoing generational wealth.
- You will get access 2 powerful free e-books.
- You will get your very own FREE home-based business set-up on our website. And it come with a FREE professional website.
With your new home-based business, you can promote your God given talents, your existing business and any products & services you are promoting (as long as it’s legal and not offensive) to our community members.
And it come with a FREE professional website at “Google My Business” along with a Free App.