Nearly 55% of people prefer online stores to traditional ones.

[Habib01]

New businesses can also benefit from this boom. As more and more people shop online, they are more open to discovering new brands. This presents a golden opportunity to make inroads and establish themselves in the market.

4. Amazon generated nearly $575 billion in net revenue in 2023, making it the world’s largest e-commerce retailer.
There is no doubt that Amazon's success demonstrates the potential of online sales. We were selected to find that 44% of shoppers check out products on Amazon before turning to Google.

But the point is, they are not the only ones profiting. The entire e-commerce market is thriving and ripe for smart, dedicated people who want to build customer-centric products and services. That means there is room for you too.

5. As far as e-commerce platforms go, WooCommerce leads the way with over 6.6 million active users.
When it comes to eCommerce platforms, WooCommerce leads the pack, with over 6.6 million active users.
WooCommerce is the most popular e-commerce platform, with a 37.7% share and 6.6 million users.

For context, Squarespace Online Stores comes in second with 14.67% and WooThemes comes in third with 14.95%. The guatemala telemarketing data runners-up are quite popular, but they don’t compare to WooCommerce.

People prefer to use WooCommerce to start a store because it is easy to use, flexible, and comes with many features and integrations. Plus, it is customizable, so you can use it to create an online store that matches your vision.

Across all industries, the average conversion rate for an e-commerce website is 2.86%.
The top four factors driving people to buy online are free shipping (49.4%), discounts (37.9%), customer reviews (31.6%), and ease of returns (30.4%).
The largest group of online shoppers are people between the ages of 25 and 34.
China contributes the largest share of the e-commerce market, accounting for 52.1% of all e-commerce sales.