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06
May

E-Commerce is Growing thanks to Social Media

Did you know that e-commerce, which already accounts for 8 percent of all retail states in the U.S., is expected to outpace sales growth at brick-and-mortar stores over the next 5 years, reaching an incredible $370 billion by 2017?

Social media is playing its part, too – sales of physical goods through social networks is pegged to grow at a furious pace over the next few years, with some $14 billion of U.S. sales expected to be accountable to social media by 2015.

This infographic takes a closer look at the growth of e-commerce.

  • [...] shopping now accounts for 8 percent of all retail sales in the United States, according to 3DCart.  Additionally, Internet-based transactions are expected to outpace sales at brick-and-mortar [...]

  • I agree with the statistics but am surprised the mobile sites sales grow at what I would think would be a slower rate than might be expected if we consider the growth of mobile phones recently. Very interesting site I will be back.

    Poly Shops

    September 6, 2013

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