Mailroom-and-Packaging-Catalogue

5 Growth in Mobile E-commerce growth has been driven in part by the optimisation of sites for mobile use. According to Payvision, in 2020 total sales via mobile devices reached over $2.66 trillion. This amount is expected to increase by 18.8% to $3.16 trillion in 2021. Young Buyers According to a Shopify survey, 67% of young consumers aged 18 to 34 spend more money shopping online. More than half of young shoppers buy from independent brands which they find on social media platforms. Unstoppable Growth Online sales reached over $6.388 trillion in 2020, nearly double the amount of global e-commerce sales in 2019. According to eMarketer, global e-commerce sales are expected to grow by 26.7% YOY to $4.891 trillion. This is due in part to an increase in trust, and improved user experience online. Growing Role of Social With the introduction of new shopping options, social media is becoming increasingly important to e-commerce, with businesses looking for new and innovative ways to attract new customers. Environmental Choices According to GlobalWebIndex, nearly 4 out of 10 online buyers change their purchasing decisions based on a business’s poor environmental record. Shopping Local As more consumers shop online; their buying habits and brand preferences are also evolving. According to Shopify reports, more than 57% of people are willing to try new brands. Many small businesses were impacted by the COVID-19 pandemic, which prompted consumers to support them through difficult times. “With the introduction of new shopping options, social media is becoming increasingly important to e-commerce” Emerging Growth Trends